Hotel, Bavaria, Germany

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Hotel, Bavaria, Germany

4,533,000 €
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Total area: 5,000 m² Yield: 5.7% Built in 1980
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Features
  • Operating Incomе: 259,000 €
  • Land area: 3,100 m²
  • Occupancy: 100%
  • Minimum owner's capital: 2,000,000 €
  • Most recent total renovation: 2018
  • Loan size: 65% of the value of the object
  • Rate: 2.0%
  • End of lease: 2038
  • Notary (state registration): 1.5%
  • Acquisition tax: 3.5%
  • Broker: 4.0%
  • Total rooms: 70
  • Hotel rating: 3
  • Car parks

3-star hotel in the center of a Bavaria town. 

The building is fully renovated at the expense of the operator in 2018.

Description

70 rooms

  • elevator
  • 2 restaurants & bar
  • 2 conference rooms

Built in 1980 and completely renovated in 2008. 

Financial performance

The absolute annual income is 259,000 €.

The current yield is 5.7%.

Loan

Up to 65% leverage from the purchase amount, 2% interest payment per annum. Investment amount minimum 2 mln euro

Tenants

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. 

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 3,5%.

The brokerage fee is 4% + 19% VAT (in total 4.76%).

Location

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

Statistics in Germany

Price per m², €
4,749
Healthcare efficiency level
74
Crime rate
34
Real estate Price, €
Apartment in the city centre, m² 4,749.27
Apartment in a bedroom community, m² 3,287.01
Transport Price, €
Public transport, 1 ride 2.7
Monthly travel card 70.0
Taxi, 1 km 2.0
Petrol, 1 l 1.4
Food Price, €
Water, 1.5 l 0.35
Milk, 1 l 0.73
White bread, 500 g 1.29
Eggs, a dozen 1.67
Chicken fillet, 1 kg 7.33
Education Price, €
Kindergarten, per month 300.57
International school, per year 15,379.86
Health care index
Staff competence 77.95
Medical equipment 89.84
Research accuracy and completeness 75.51
Attitude towards patients 69.19
Security index
Crime rate 34.2
The risk of being robbed 32.38
The risk of car theft 31.92
The risk of break-in and property damage 42.93

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
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+44 17 4822 0039
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