New hotel with a 20-year lease, Vienna, Austria

Additional information is provided after the signing of an NDA

New hotel with a 20-year lease, Vienna, Austria

17,500,000 €
34,046 € /m²
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  • Total area
    514 m²
  • Yield
    3.7%
  • Built in 
    2018
Details
Property parameters
  • Total rooms: 77
  • Number of parking lots: 11
  • Hotel rating: 4
  • 8-floor building
Financial performance
  • Annual income: 647,500 €
Tenants
  • Fully let
  • End of lease: 2040
Features
  • Internet
  • TV

Four-star hotel with a well-known chain tenant.

Description

The hotel includes:

  • 77 rooms
  • lobby
  • bar
  • breakfast room
  • parking for 11 cars

The hotel offers non-smoking rooms with a seating area, flat-screen TV, Wi-Fi and a private bathroom with shower.

Rating on Booking is 8.9.

Tenants

The tenant is a German hotel chain with about 60 hotels in Europe.

The lease agreement is valid until 2040.

Location and nearby infrastructure

The property is located north-west of Vienna city center, near the train station, underground station and several tram stops. The city center and cultural highlights are all within a 30-minute walk.

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 Vienna.

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

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