- 27,285,000 €
- 4.7% yield
- Freiburg Hotel 9,200,000 €
- Basic parameters
- Photo
№ 1,823,731
Hotel 1,300 m² in Freiburg
9,200,000 €
7,076 € /m²
- Room stock 30
- Yield 5.0%
- Constructed 2003
- Price per key 306,666 €
Key project parameters
- Total area
- 1,300 m²
- Room stock
- 30
- Hotel rating
- 4
- Price per key
- 306,666 €
- Constructed
- 2003
Project description
Four-star hotel near the largest amusement park in Germany — Europe Park.
Description
The hotel includes 30 rooms.
The hotel was renovated in 2018, the rooms and the restaurant were updated.
Tenants
- Agreement
- n/a
Financial performance
- Yield
- 5.0%
The absolute annual income is 516,000 €.
The current yield is 5.6%.
Transaction costs
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 5%.
The brokerage fee is 4% + 19% VAT (in total 4.76%).
Location and nearby infrastructure
The property is located 25 km from Freiburg, next to Europa Park, the most famous amusement park in Germany and the second most visited amusement park in Europe after Disneyland in Paris. Park attendance in 2017 was about 5.7 million people.
In total, the park has about 100 attractions and its territory reaches 90 hectares, artists and animators are constantly working there, numerous colorful theatrical performances and processions, various conferences are held.
There are various hotels, a supermarket, shops, cafes and restaurants located near the property.
More properties
If this ad doesn't suit you, have a look at the other hotels for sale in Freiburg.
All ads in the country: hotels for sale in Germany.
Tranio helps to manage property after purchase
Our local team at Tranio in Germany will take up property management or recommend professional German partners.
The terms and conditions of our engagement depend on the condition and location of the property and are to be discussed in each particular case.
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Property maintenance and insurance
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Search for tenants, contracting, and control over rent collection
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Arrangements for bookkeeping and tax advice
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- annual yield
- From 15-17%
- investment exit horizon
- 2–3 years
- full support at every stage
- Turnkey deal
How we help investors
Analysing the needs
We use a methodology that enables us to formulate requests and find good deals in the market
Developing a strategy
We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment
Providing transaction support
We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account
Helping with management
We can take over the management of your property or recommend a suitable management company
Organising property viewings
We will arrange a visit to the site to view one or more projects
Saving time
At the investor's request, we can arrange a remote purchase with the least possible visits to the country
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