Portfolio of hotels, Salzburg, Austria

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Portfolio of hotels, Salzburg, Austria

14,000,000 €
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  • Yield
    6.07%
  • Built in 
    1972
Details
Property parameters
  • Total rooms: 245
  • Number of parking lots: 108
  • Hotel rating: 4
Financial performance
  • Annual income: 850,000 €
Tenants
  • Fully let
  • End of lease: 2028
Property status
  • Most recent total renovation: 2009
Features
  • Balcony or terrace
  • Golf course
  • Swimming pool
  • Garden
  • Lake view

Two hotels in the center of the resort town.

Description

The property consists of two hotels (3- and 4-star) and includes:

  • restaurant
  • bar
  • Fitness Centre
  • swimming pool
  • terrace
  • solarium
  • garden
  • health Center
  • SPA Lounge
  • sauna
  • elevator

In 2006–2009 the hotels were completely renovated. The total investment in repairs is 6 million euros.

Financial performance

The absolute annual income is 850,000 €.

The current yield of 6,07%.

Tenants

The objects are leased.

The lease agreement is valid untill 2028 and provides indexation of rent.

Transaction costs

Brokerage fee is 4% + VAT 20% (total 4,8%).

Location and nearby infrastructure

The property is located in the heart of the ski resort town on the lake, in the federal state of Salzburg.

The place is one of the most popular among tourists who come to Austria.

The views of the main pearl of the region — the famous Lake Zell open from many ski slopes. The ski season in these places continues from the middle of December until April. In summer tourists can enjoy cycling and water skiing, golf courses and tennis courts, parachutes and bowling, horse riding and squash.

Among the sights of the city — a medieval fortress, an art gallery with a collection of paintings of famous artists.

The resort life does not cease even at night: there are skittle alleys and cinemas, discos and night clubs, numerous cafes and restaurants.

The distance to Salzburg is 60 km, to Innsbruck — 100 km.

More properties

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

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

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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