The hotel has about 160 rooms.
The absolute annual income is 955,000 €.
The current yield is 4,5%.
Brokerage fee is 3% + 20% VAT (in total 3.6%).
The property is located in the 20th district of Vienna, Brigittenau, located on the island between the Danube and the Danube Canal. 19 bridges connect the area with Debling and Alzergrund, and another six — with Floridsdorf. Advantages of the area — well-developed transport links and proximity to the city center.
Vienna is the capital of Austria with population of over 1,800,000 people.
Vienna is the 3d city-residence of the United Nations after New York and Geneva. There are the headquarters of such international organizations as OPEC and the OSCE here. Vienna 9 times in a row took the 1st place in the world for quality of life (Economist, 2018).
Public transport is well developed in Vienna, a chain of autobahns and railways connects Vienna with other cities in Austria and Europe. Schwechat International Airport is the largest in Central Europe, with more than 60 airlines from around the world registered, annually serving more than 14 million passengers.