It is a hotel investent in the historic district of Berlin.
Description
The total area of the property is 300 m².
The hotel has eight single and double rooms.
The building was constructed in 1876, it is a historical monument and under law protection.
Financial performance
Absolute income is 48,330 €.
The current yield of 5,4%.
Transaction costs
Notary fee of 1,5%.
RE purchase tax of 6%.
The broker's fee of 6%.
Location
The hotel is located not far from the Spandau Citadel.
Public transportation, metro station, sights, shops, shopping centers and restaurants are in the immediate vicinity.
