- 27,285,000 €
- 4.7% yield
- Innere Stadt Hotel 22,000,000 €
- Basic parameters
- Photo
№ 1,810,547
Hotel in Innere Stadt
22,000,000 €
- Room stock 30
- Yield 3.1%
- Constructed —
- Price per key 733,333 €
Key project parameters
- Room stock
- 30
- Hotel rating
- 4
- Price per key
- 733,333 €
Project description
Four-star hotel.
Description
The hotel has 30+ rooms. It is possible to increase the number of rooms up to 40.
Tenants
- Agreement
- n/a
Financial performance
- Yield
- 3.1%
The absolute annual income is 685,000 €.
The current yield is 3,1%.
The expected annual income is 880,000 €.The expected yield is 4%.
Transaction costs
Brokerage fee is 3% + 20% VAT (in total 3.6%).
Location and nearby infrastructure
The property is located in the 1st district of Vienna, the Inner City. The 1st district is the cultural center of Vienna and its historical core. Town Hall, St. Stephen’s Cathedral, Burgtheater, Ringstrasse are the main attractions of the area. Here is the Golden Quarter, where shop of international designers are located.
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.
More properties
If this ad doesn't suit you, have a look at the other hotels for sale in Innere Stadt.
All ads in the country: hotels for sale in Austria.
Diversify your portfolio - invest from $1 million in the construction of residential complexes in Dubai
- annual yield
- From 15-17%
- investment exit horizon
- 2–3 years
- full support at every stage
- Turnkey deal
How we help investors
Analysing the needs
We use a methodology that enables us to formulate requests and find good deals in the market
Developing a strategy
We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment
Providing transaction support
We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account
Helping with management
We can take over the management of your property or recommend a suitable management company
Organising property viewings
We will arrange a visit to the site to view one or more projects
Saving time
At the investor's request, we can arrange a remote purchase with the least possible visits to the country
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