Park hotel in the German Alps, Bavaria, Germany

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Park hotel in the German Alps, Bavaria, Germany

20,000,000 €
1,538 € /m²
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  • Total area
    13,000 m²
  • Yield
    4.0 %
  • Rental rate (m²/month)
    5 €
  • Built in 
    1992
Details
Property parameters
  • Land area: 12,000 m²
  • Total rooms: 85
Financial performance
  • Annual income: 800,000 €
Transaction costs
  • Notary (state registration): 1.5 %
  • Acquisition tax: 3.5 %
  • Broker: 3.57 %
Distance to:
  • Lake at 800 m
Features
  • Balcony or terrace

Hotel without tenant in an Alpine ski resort.

Description

This modern country-style hotel is located by the lake and within walking distance of the ski lift.

The hotel has a very high rating on Booking with good reviews from guests.

The hotel consists of several low-rise buildings and includes:

  • 85 rooms, including 2 suites, with balconies/terraces
  • 4 restaurants including a Michelin star restaurant
  • conference rooms
  • spa center with swimming pool, several saunas and a beauty salon
  • gym
  • parking

The spacious rooms and suites feature a modern, country-style design using high quality materials.

There is an opportunity to purchase a building with a hall for events for up to 65 people to increase the yield of the property (up to 4%). The cost of the building is 1,500,000 €.

Characteristics of the building with a hall for events::

  • Land area: 980 m²
  • Total area: 620 m²
  • Year of construction: 2002
  • Two floors + basement
  • 2 suites with an area of ​​about 160 m²
  • Functional hall for up to 65 people
  • Wine cellar
  • 5 parking spaces

Location

The property is located in the German Alps, in a city with a population of about 5 thousand people. The property is located in a picturesque park area next to the ski lift and a 5-minute walk from the lake.

Leisure activities near the hotel include skiing, hiking, and paragliding.

Munich is 65 km away.

Bavaria is the largest in terms of area among the 16 federal states of Germany, it has the largest economic and scientific potential and it is in the lead in terms of economic growth. The population of Bavaria is more than 12 million people. The capital city is Munich.

Machine building is played the most important role in the economy of Bavaria, in particular, the automobile industry and the aerospace industry. Electrical engineering, precision mechanics, optics, the production of medical equipment, and the chemical industry are also developed.

Tourism is one of the main sources of income for Bavaria. The annual number of tourists in Bavaria exceeds 34 million people.

  • Property on the map
    Location right down to the building, street or city

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 Garmisch-Partenkirchen elsewhere on our website.

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