Investment project to redevelop office building into the hotel in Frankfurt

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Investment project to redevelop office building into the hotel in Frankfurt

5,700,000 €
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Details
Property parameters
  • Total rooms: 416
  • Number of parking lots: 170
  • 15-floor building
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 5.0%
  • Broker: 6.0% + VAT
Features
  • Redevelopment

It is an office building investment with an option to convert it into a hotel.

Description

The property was built in 1972.

The project involves the redevelopment of the building into a modern hotel.

A preliminary building permit was obtained in 2012.

Redevelopment

The building will be extended to 15–16 floors.

The hotel will have up to 416 rooms and 170 parking places.

Estimated costs of € 15 million.

Location

The property is located 10 km from the city center and 15 km from the airport.

More properties

If this ad doesn't suit you, have a look at the other hotels for sale in Frankfurt am Main.

All ads in the country: hotels for sale in Germany.

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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