Hotel rooms package in Bavaria, Germany

Additional information is provided after the signing of an NDA

Hotel rooms package in Bavaria, Germany

1,110,000 €
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Total area: 243 m² Yield: 3.9%
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Features
  • Operating Incomе: 42,941 €
  • 4-floor building
  • Most recent total renovation: 2016
  • End of lease: 2036
  • Notary (state registration): 2.0%
  • Acquisition tax: 3.5%
  • Total premises: 10
  • Hotel rating: 4

10 rooms with guaranteed profitability in a four-star hotel.

Description

The area of a room is 24.31 m².

The hotel room capacity: 126 rooms (252 couchettes).

The hotel includes 7 conference halls, a restaurant, a bar, a lounge and a wellness with a sauna.

The building was completely renovated in 2016.

Financial performance

Absolute annual income is 42,941 €.

The current yield of 3.9%. 

Tenants

The tenant is the hotel chain.

The lease agreement is valid through 2036 and includes extension options for 2x5 years.

Transaction costs

Notary (state registration) is 1.5–2%.

Acquisition tax is 3.5%.

The cost of ownership

Deposit for safekeeping — 1,458.6 €.

Contribution to management — 3,600 €.

Location and nearby objects

Erlangen is an industrial city of Bavaria with a high purchasing power of the population. The multifunctional center Siemens and the University of Nuremberg-Erlangen are situated not far from the hotel. The central office of Puma Adidas and Nuremberg Airport are located in a few minutes drive from the building.

More properties

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

You can see more hotel rooms for sale in Erlangen elsewhere on our website.

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Enquire about this hotel room
Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
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    When you submit a request, you agree to our terms and conditions
    • Bank financing from 1.5% annually
    • Construction site audits
    • Management company services