Hotel near the airport with a lease agreement for 20 years, Munich, Germany

Additional information is provided after the signing of an NDA

Hotel near the airport with a lease agreement for 20 years, Munich, Germany

14,700,000 €
4,083 € /m²
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  • Total area
    3,600 m²
  • Yield
    4.8 %
  • Rental rate (m²/month)
    16 €
Details
Property parameters
  • Land area: 3,200 m²
  • Total rooms: 143
  • Number of parking lots: 65
  • 5-floor building
Financial performance
  • Annual income: 700,000 €
Tenants
  • Fully let
  • End of lease: 2040
Transaction costs
  • Notary (state registration): 1.5 %
  • Acquisition tax: 3.5 %
  • Broker: 3.0 %

New hotel with a long-term lease agreement.

Description

The construction is planned to be finished in the summer of 2020.

The hotel will include:

  • 143 rooms
  • 65 parking spaces
  • reception area and automatic registration system

Deal tyoe: Forward Deal.

Financial performance

The expected annual income is 700,000 € + VAT.

The expected yield is 4,8%.

Tenants

The tenant is the German hotel operator.

The lease agreement is valid for 20 years with the extension options of 2x5 years.

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 3,5%.

The brokerage fee is 3% + 19% VAT (in total 3.57%).

Location

The property is located approximately 15 km from Munich Airport. It is located on a street with good traffic, in an industrial area. There are well-known chain supermarkets, central supermarket warehouses, furniture stores, fast food restaurants and etc. located nearby.

The international airport of Munich — the 2nd in Germany by the number of passengers served. The capacity of the airport with 2 active runways is 50 million passengers per year.

There is an increase in demand for hotel reservations near Munich Airport: the number of overnight stays in 2018 rose to 1.89 million, which is 89.3% more than in 2009.

Modern Munich is a large industrial and research center, as well as the IT capital of Germany.

Munich attracts tourists due to the large number of architectural and cultural monuments, and it is also the city of museums, many of which were created over the centuries.

Real estate in Munich is the most expensive in Germany. The average monthly income per capita of Munich is 1,600 euros.

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

More properties

If this property wasn’t for you, take a look at other hotels for sale in Germany.

You can see more hotels for sale in Munich elsewhere on our website.

Statistics in Munich

Price per m², €
10,093
Healthcare efficiency level
78
Index 78 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
84
Index 84 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, €
Apartment in the city centre, m² 10,092.59
Apartment in a bedroom community, m² 7,096.3
Transport Price, €
Public transport, 1 ride 2.9
Monthly travel card 66.6
Taxi, 1 km 1.9
Petrol, 1 l 1.45
Food Price, €
Water, 1.5 l 0.56
Milk, 1 l 0.9
White bread, 500 g 1.44
Eggs, a dozen 2.27
Chicken fillet, 1 kg 7.95
Education Price, €
Kindergarten, per month 622.4
International school, per year 14,350.0
Health care index
Staff competence 78.75
Medical equipment 91.67
Research accuracy and completeness 80.82
Attitude towards patients 74.69
Security index
Crime rate 10.77
The risk of being robbed 11.56
The risk of car theft 14.03
The risk of break-in and property damage 21.88

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

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