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 infrastructure

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.

Statistics in Wiesbaden

Price per m², €
3,583
Real estate Price, €
Apartment in the city centre, m² 3,583.33
Apartment in a bedroom community, m² 2,850.0
Transport Price, €
Public transport, 1 ride 2.8
Monthly travel card 80.75
Taxi, 1 km 2.0
Petrol, 1 l 1.43
Food Price, €
Water, 1.5 l 0.28
Milk, 1 l 0.67
White bread, 500 g 1.19
Eggs, a dozen 1.82
Chicken fillet, 1 kg 7.33
Education Price, €
Kindergarten, per month 350.0
International school, per year 14,000.0
Security index
Crime rate 62.5
The risk of being robbed 64.58
The risk of car theft 54.17
The risk of break-in and property damage 66.67

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

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Sofia Bulanova
Sofia Bulanova
Senior Investment Consultant
+44 17 4822 0039
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    • Bank financing from 1.5% annually
    • Construction site audits
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