Hotel, Hamburg, Germany

Additional information is provided after the signing of an NDA

Hotel, Hamburg, Germany

27,500,000 €
Mortgage calculator
Learn the property location
Send the listing to yourself
  • Yield
    4.4%
  • Built in 
    2020
Details
Property parameters
  • Land area: 5,856 m²
Financial performance
  • Annual income: 1,212,444 €
Tenants
  • Fully let
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 4.5%
  • Broker: 5.0% + VAT

Hotel under construction in the center of Hamburg.

Description

The area of the property is 5,856 m².

The hotel building is built in the style of clinker architecture.

Financial performance

The absolute annual income is 1,212,444 €.

The current yield of 4.4%.

Tenants

The property is fully leased.

The WALT is 17.6 years.

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 4,5%.

The brokerage fee is 5% + 19% VAT (in total 5.95%).

Location

The property is located in the central part of the city.

Hamburg is the largest port of Germany and the center of mechanical engineering.

There are located the headquarters of many large companies in the city.

There is the railway station nearby, which provides good transport links.

  • Property on the map
    Location right down to the building, street or city

Tranio helps to manage property after purchase

Our local team at Tranio in Germany will take up property management or recommend professional German partners.

Find out more
  • icon Property maintenance and insurance
  • icon Search for tenants, contracting, and control over rent collection
  • icon Arrangements for bookkeeping and tax advice

Сonstruction loan as an alternative to commercial property investment

Developers with a good track record that give warranties or procure a record in the land register.

There is no need to incorporate a legal entity or open an account in Germany.

No extra charges to maintain or operate the property.

Comparing a hotel purchase with a construction loan

Investment vehicle
Hotel
Construction loan
Yield per annum
4.4%
8—10%
Investment budget
27,500,000 €
from 300,000 €
Buying expenses
10—15%?
  • 1 – 1,5 % — lawyer
  • 2,3 – 3,2 % — notary and state registration
  • 3,5 % – 6,5 % — acquisition tax
  • 3-6% + VAT — broker's fee

Percentage of the property value

0—2%?

The expenses on an independent legal review of the project

Investment term
from 5 years
to 3 years
Risk level
Low
Moderate
Request the relevant projects

Similar listings

We select ads that may interest you.

Not sure what to start with? Send an advice request
Our expert will contact you to help with selecting real estate.
Ask a question
    I confirm that I have read and accept the Privacy Policy and Personal Data Processing Guidelines.
    Andrei Burak,
    investment specialist
    Send a request
    Location choice
    • more ...
    • City, Region, Country
    Loading...
    • Nothing found
    • Nothing found