Hotel with a long-term lease agreement.
The hotel includes:
- 74 rooms from 16.3 m² to 19.5 m²
- 3 conference rooms with a total area of 183 m²
- underground parking for 10 cars.
Type of deal: Share deal.
The annual income is 275,000 €.
The yield is 5.8%.
The hotel is fully let. The tenant is responsible for all expenses, including the maintenance of the roof and facade.
The lease agreement is valid until 2039.
The notary fee is 1.5 – 2%.
Brokerage fee is 3% + 19% VAT (total 3.57%).
The property is located in one of the cities of the federal state of Baden-Württemberg with a population of 30 thousand people. Karlsruhe is about 20 km away.
Baden-Württemberg is a state in southwest Germany, east of the Rhine, which forms the border with France. It is Germany's third-largest state. The state is among the most prosperous and wealthiest regions in Europe with a generally low unemployment rate. A number of well-known enterprises are headquartered in Baden-Württemberg.