Hotel, Wiesbaden, Germany

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Hotel, Wiesbaden, Germany

3,200,000 €
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Total area: 536 m² Yield: 4.9% Built in 1905
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Features
  • Operating Incomе: 158,220 €
  • Land area: 175 m²
  • 4-floor building
  • Most recent total renovation: 1990
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 6.0%
  • Total rooms: 30

The hotel with a restaurant.

Description

The hotel room capacity: 30 rooms.

The hotel was built in 1905. The renovation was in 1990-ies.

The building is a cultural monument protected by the state.

The restaurant is located on the ground floor of the hotel.

Financial performance

Absolute annual income is 158,220 €.

The current yield of 4.9%. 

Transaction costs

Notary (state registration) is 1.5–2%.

Acquisition tax is 6.0%.

Brokerage fee is 5.95%.

Location and nearby objects

The hotel is located in a quarter Quellengarten, near Goldgasse, the pedestrian Central zone of the city, the market square and the Parliament of Hessen. 

There are restaurants, shops, apartment buildings and shopping centers near the property.

Public transport can be reached in 2 minutes by foot, the station can be reached in a 7-minute drive, and the airport — in a 25-minute drive.

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Enquire about this hotel
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