3-star hotel in Bavaria.
Description
The building with a leasable area of about 4,800 m² consists of 150 rooms.
Each room is equipped with air conditioning. a flat-screen TV, a private bathroom.
There is an elevator, a bar, a lounge area, free Wi-Fi, 4 conference rooms.
The plot area is 870 m².
The annual net income is 929,760 €.
The net yield is 4.23%.
The property is fully let. The tenant is a famous hotel chain with several thousand branches all over the world. The lease agreement has been concluded for the term of 20 years.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 3.5%.
Brokerage fee is 6% + VAT 19% (total 7.14%).
The property is located in Bavaria, in the center of a town with a population of about 135,000 people.
Bavaria is a federal state in the south-east of Germany. With an area of 70,550 km² Bavaria is the largest German state by land area. With 13 million inhabitants it is Germany's second-most-populous state after North Rhine-Westphalia. Bavaria has one of the largest economies of any region in Germany, and in Europe.
