Hotel, Hessen, Germany

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Hotel, Hessen, Germany

5,600,000 €
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Total area: 1,300 m² Built in 1955
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Features
  • Land area: 300 m²
  • Number of parking lots: 12
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 5.0%
  • Total rooms: 42
  • Internet
  • Car parks

The hotel for the owner's management.

Description

Hotel room capacity: 42 rooms. 

The building was constructed in 1955. 

The hotel includes a 24-hour reception, a bar and a six-room penthouse.

There are 4 garages on the territory of the property (with the possibility of reconstruction and enlargement from 6 to 8 two-level places).

There is a possibility of expanding the number of the rooms to 12 ones (after the reconstruction of the penthouse). 

According to preliminary calculations the cost of restructuring will be about 250,000 euros.

Equipment

  • soundproof windows 
  • elevator

Transaction costs

Notary (state registration) is 1,5 – 2%.

Acquisition tax is 6,0%.

Brokerage fee is 5% + VAT 19% (total 5,95%).

Location

The property is located in the center of a suburb of Frankfurt am Main with the population more than 100 thousand people.

This area is one of the important service centers of the Rhein-Main region, there is also a design institute here.

The metro station is in close proximity of the property.

The center of Frankfurt can be reached within a 10–15 minutes drive.

More properties

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Enquire about this hotel
Sofia Bulanova
Sofia Bulanova
Investment Consultant
+44 20 3608 1267
Send a request
    When you submit a request, you agree to our terms and conditions
    • Bank financing from 1.5% annually
    • Construction site audits
    • Management company services