- 27,285,000 €
- 4.7% yield
- Hamburg Hotel 13,150,000 €
- Basic parameters
- Photo
№ 1,842,371
Hotel 2,400 m² in Hamburg
13,150,000 €
5,479 € /m²
- Room stock 85
- Yield 4.0%
- Constructed 2022
- Price per key 154,705 €
Key project parameters
- Total area
- 2,400 m²
- Room stock
- 85
- Hotel rating
- 3
- Price per key
- 154,705 €
- Constructed
- 2022
Project description
A new hotel with a large hotel chain as the tenant and a long-term lease agreement.
Description
The number of rooms is 85.
Facilities:
- parking (653 m²)
Type of transaction: Forward Deal, Asset/Share Deal.
Commisioning is planned for July 2022.
Extra information
Car parks
Tenants
- Agreement
- Yes
- End of lease
- 2040
The hotel is operated by an international hotel chain with 80 hotels in Germany and Austria. The hotels are annually visited by 900,000 guests. It is planned to operate more than 100 hotels by 2022.
The lease agreement is signed with the operator for 20 years.
The tenant has 2 extension options for 5 more years.
Type of agreement: Double-Net Lease.
The tenant is responsible for both property taxes and premiums for insuring the building including security system, maintenance of building (apart from full renovation and bearing structures).
Financial performance
- Yield
- 4.0%
The annual rental income: 624,960 €.
The yield is 4.8%.
Transaction costs
The notary fee: 1%.
The acquisition tax: 4.5%.
The brokerage fee: 3% + 19% VAT (total 3.57%).
Location and nearby infrastructure
The property is situated in Hamburg, a city of federal significance, near the airport. The distance to the city center is 12 km (a 20-min car drive or train ride).
Hamburg is the 2nd largest city in Germany (after Berlin) with the population of more than 1.8 million people. Hamburg is also the 7th largest and most populated non-capital city in the European Union. It is ranked 18th in the world for livability in 2016.
The city is home to famous leading companies such as EADS (aerospace), Airbus (civil aviation), Beiersdorf (beauty products).
Workers in Hamburg have the highest income of all federal states in Germany, averaging a median of 3,718 € a month.
Hamburg is among the leading networking locations. Congress Center Hamburg and Hamburg Exhibition Center attract 1 million visitors every year for various events and trade fairs.
Hamburg boasts an extensive tranport system. The Port of Hamburg is the largest sea port in Germany, 2nd in Europe and 9th largest in the world.
Hamburg airport serves about 17 million passengers per year (7th largest in Germany).
Hamburg is a global touristic destination. There are more than 40 theaters, 60 museums and 100 entertainment venues including famous night clubs and bars.
The city hotels have a high occupancy rate. In 2018 7.8 million tourists stayed for at least 1 night in hotels of Hamburg.
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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
Diversify your portfolio - invest from $1 million in the construction of residential complexes in Dubai
- 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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