Hotel in Vienna, Austria

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Hotel in Vienna, Austria

17,500,000 €
2,692 € /m²
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  • Total area
    6,500 m²
  • Yield
    5.3%
  • Built in 
    2016
Details
Property parameters
  • Total rooms: 100
  • Number of parking lots: 25
  • Hotel rating: 4
Financial performance
  • Annual income: 930,000 €
Tenants
  • Fully let
  • End of lease: 2031
Transaction costs
  • Acquisition tax: 3.5%
  • Broker: 3.0%
Features
  • Internet
  • TV
  • Car parks

A four-star hotel in a detached building.

Description

The total area of the facility is 6,500 m².

The hotel room capacity: 100 rooms.

The hotel includes a сonference room for 38 people, a restaurant, a bar, a fitness room, a sauna.

The purchase price includes a private garage for 25 cars.

The hotel was opened in the summer of 2016.

All hotel rooms include double beds, LCD TV, Wi-Fi, air conditioning, safe, desk and chair, telephone, small kitchen with refrigerator.

Financial performance

Absolute annual income is 930,000 €.

The current yield of 5.3%

Tenants

The tenant is a large hotel operator.

The lease agreement is signed for 15 years with the extension option for 10 years.

Transaction costs

Acquisition tax is 3.5%.

Fee for entering into the cadastral book 1.1%.

Brokerage commission 3% of the object cost + 20% VAT.

Location

The hotel is located in the northern part of the city. There is a Metro station situated near the building.

More properties

If this ad doesn't suit you, have a look at the other hotels for sale in Vienna.

All ads in the country: hotels for sale in Austria.

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