Hotel, Bavaria, Germany

Additional information is provided after the signing of an NDA

Hotel, Bavaria, Germany

8,500,000 €
Mortgage calculator
Learn the property location
Send the listing to yourself
  • Yield
    5.9%
  • Rental rate (m²/month)
    12 €
  • Built in 
    1976
Details
Property parameters
  • Leasable area: 3,500 m²
  • Land area: 1,000 m²
  • Total rooms: 60
  • Hotel rating: 3
  • 4-floor building
Financial performance
  • Annual income: 500,000 €
Tenants
  • Fully let
  • End of lease: 2038
Property status
  • Most recent total renovation: 2018
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 3.5%
  • Broker: 4.0% + VAT
Features
  • Car parks

Three-star hotel in the city center.

Description

Key count: 60 rooms.

Restaurant and retail of 540 m² on the ground floor.

The hotel was renovated in 2018.

Deal structure: Asset Deal/ Share Deal.

Equipment

  • parking
  • restaurant
  • elevator
  • soundproof windows

Financial performance

The annual income is 500,000 €.

The current yield of 5.9%.

Tenants

The tenant is a top-rated hotel operator with more than 50 hotels in Germany and Austria.

The lease agreement is valid for 20 years and contains extension options 2x5 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.

The lease agreement for retail spaces is valid for 10 years + extension options 2х5 years.

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

Distance to Munich is 60 km.

Situated in the pedestrian area of the historic center of the town, in a 5-minutes walk from the railway station. The best hotel in the area — no competiton.

The town is located in a well-known touristic region of Bavaria. Several large international companies are head-quartered in this town as well. Employees and partners of these corporations are coming here from all over the world.

Therefore, the hotel enjoys popularity of town visitors.

  • Property on the map
    Location right down to the building, street or city
  • Other properties
    Other offers nearby

Tranio helps to manage property after purchase

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

The terms and conditions of our engagement depend on the condition and location of the property and are to be discussed in each particular case.

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
5.9%
8—10%
Investment budget
8,500,000 €
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.
    Marina Filichkina,
    Head of Sales
    Send a request