3* Hotel for renovation and own management.
Description
Hotel consists of 3 buildings: two 5-storey buildings and one 3-storey building.
Massive investments and restoration work have been done in the property (investment approx. 2 Million Euro) and the hotel was re-opened in November 2007.
According to the land-use planning, the property belongs to a ”Sondergebiet“ (special use area) where a hotel is allowed and no restrictions for further developments are existing.
The area of the property includes a car parking for small busses and cars.
Notary (state registration) is 1,5 – 2%.
Acquisition tax is 5,0%.
Brokerage fee is 6% + VAT 19% (total 7.14%).
The hotel is located between Baden-Baden and Offenburg, in the Northen Black Forest area.
There is a church next to the building.
The Baden-Württemberg region has a developed economy and the lowest unemployment rate in Germany. There are such world-famous companies as Mercedes-Benz, Audi Sport GmbH, Daimler AG, IBM, Karl Storz, Porsche AG, Robert Bosch GmbH, SAP, Voith, Testo, ZF Friedrichshafen AG.
One of the most important sectors of the economy is publishing, about 40% of all German books are published here.
There are 9 universities, 39 specialized universities, and about 130 scientific research institutions in the region. Heidelberg and Tübingen universities are among the oldest in Europe.
The beauty of nature and the abundance of historical attractions contribute to the development of tourism in the region.