A four-star hotel in a detached building.
Total area of the building is 5,800 m²
The hotel room capacity: 100 rooms.
The hotel inludes a restaurant for 70 seats, a conference room, a fitness-club and a spa.
The building was built in 2015.
Absolute annual income is 1,375,000 €.
The current yield of 5.5%.
The indexation of rental revenue is proportional to inflation.
It is possible to obtain bank loan for 60% of the value of the property at 1.75% per annum.
The tenant is a large hotel operator.
The lease agreement is signed for 15 years with extension options for 3x5 years.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 3.5%.
The brokerage fee is 4.76%.
Location and nearby objects
The hotel is located in the central district. Public transport stops are situated in a close vicinity of the property. There are many sights located in proximity from the hotel.