3-star hotel in the center of a Bavaria town.
The building is fully renovated at the expense of the operator in 2018.
- 2 restaurants & bar
- 2 conference rooms
Built in 1980 and completely renovated in 2008.
The absolute annual income is 259,000 €.
The current yield is 5.7%.
Up to 65% leverage from the purchase amount, 2% interest payment per annum. Investment amount minimum 2 mln euro
The tenant is a top-rated hotel operator with more than 50 hotels in Germany and Austria.
Lease agreement for 20 years, extension options for 2х5 years.
Double Net lease: the owner takes on the tax payment, insurance and capital repairs if necessary. Other details of the contract are negotiable between the owner and the tenant on an individual basis.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 3,5%.
The brokerage fee is 4% + 19% VAT (in total 4.76%).
Center of a town with around 15,000 people, pedestrian area in the centre, next to the main station.
There is the headquarter of the world-famous manufacturing company that will already provide 60% of occupancy rate.
A good transport network, including the railway station and highways, connects the town with the major German cities.
50 km far from Neuschwanstein Castle:
- 1.400.000 tourists annually
- 6.000 visitors per day during summer