Hotel in Essen, Germany

Additional information is provided after the signing of an NDA

Hotel in Essen, Germany

4,760,000 €
Mortgage calculator
Send a request
Total area: 2,050 m² Yield: 6.8% Built in 1958
Send a request
Features
  • Operating Incomе: 323,680 €
  • Land area: 1,150 m²
  • Number of parking lots: 25
  • Notary (state registration): 2.0%
  • Acquisition tax: 6.5%
  • Broker: 4.8%
  • Total rooms: 60

Hotel for self-management in the center of Essen.

Description

The hotel room capacity: 60 rooms

There is a parking for 25 cars on the plot.

There is an elevator in the building.

The hotel was built in 1958. 

The major repairs will be completed by mid-2018.

Financial performance

Absolute annual income is 323,680 €.

The current yield of 6.8%.

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 6.5%.

The brokerage fee is 4.76%.

Location and nearby objects

The hotel is located in the city center, in 500 meters from the central railway station.

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 Essen elsewhere on our website.

Similar listings

We select ads that may interest you.

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