Hotel, Baden-Wurttemberg, Germany

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Hotel, Baden-Wurttemberg, Germany

7,500,000 €
1,765 € /m²
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  • Total area
    4,248 m²
  • Yield
    7.9 %
  • Built in 
    1963
Details
Property parameters
  • Land area: 3,555 m²
  • Total rooms: 114
  • Number of parking lots: 68
  • Hotel rating: 4
Financial performance
  • Annual income: 593,265 €
Tenants
  • Fully let
  • End of lease: 2025
Property status
  • Most recent total renovation: 2008
Transaction costs
  • Notary (state registration): 2.0 %
  • Acquisition tax: 6.5 %
  • Broker: 4.8 %
Features
  • Garden

A four-star hotel.

Description

Total area of the building is 4,248 m²

The hotel room capacity: 114 rooms.

The building was built in 1963. In 2008, the property was renovated.

The purchase price of the property includes a parking for 68 cars.

The hotel includes 7 conference rooms, a bar, a restaurant, a spa, a gym and a garden.

The hotel can be delivered without tenant. In this case, the purchase price is 6,000,000 €.

Financial performance

Absolute annual income is 593,265 €.

The current yield of 7.9%.

Tenants

The tenant is a hotel operator.

The lease agreement is valid until 31.12.2025 and includes extension options for 2x5 years.

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 6.5%.

The brokerage fee is 4.76%.

Location and nearby infrastructure

The hotel is located in the federal state of Baden-Württemberg in the suburbs of two major cities: Mannheim and Heidelberg. The distance to the centers of both cities is not more than 20 km.

The population of the town is more than 5 thousand people.

There is an entrance to the motorway in a close vicinity of the property.

  • Property on the map
    Location right down to the building, street or city
  • Other properties
    Other offers nearby

More properties

If this property wasn’t for you, take a look at other hotels for sale in Germany.

You can see more hotels for sale in Baden-Württemberg elsewhere on our website.

Statistics in Germany

Price per m², €
4,962
Healthcare efficiency level
74
Index 74 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
65
Index 65 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, €
Apartment in the city centre, m² 4,962.39
Apartment in a bedroom community, m² 3,420.66
Transport Price, €
Public transport, 1 ride 2.7
Monthly travel card 70.0
Taxi, 1 km 2.0
Petrol, 1 l 1.41
Food Price, €
Water, 1.5 l 0.34
Milk, 1 l 0.71
White bread, 500 g 1.29
Eggs, a dozen 1.84
Chicken fillet, 1 kg 7.35
Education Price, €
Kindergarten, per month 309.39
International school, per year 14,421.73
Health care index
Staff competence 76.94
Medical equipment 89.26
Research accuracy and completeness 75.75
Attitude towards patients 68.17
Security index
Crime rate 34.26
The risk of being robbed 32.33
The risk of car theft 31.76
The risk of break-in and property damage 43.13

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

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