Hostel, Berlin, Germany

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Hostel, Berlin, Germany

533,000 €
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Total area: 196 m² Yield: 4.5% Built in 1911
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Features
  • Operating Incomе: 24,000 €
  • Occupancy: 100%
  • End of lease: 2020
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Total premises: 9
  • Hotel rating: 3

A three-star pension.

Description

The hotel room capacity: 9 rooms.

The building was built in 1911.

Financial performance

Absolute annual income is 24,000 €.

The current yield of 4.5%.

Tenants

The pension is rented.

The lease agreement is valid through 2020 and includes extension options for 10 years.

Transaction costs

Notary (state registration) is 1.5–2%.

Acquisition tax is 6.0%.

Location

The property is located in the Treptow district. The public transport stops, a park, a shopping center and a supermarket are situated close to the building.

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Enquire about this hotel room
Sofia Bulanova
Sofia Bulanova
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