Additional information is provided after the signing of an NDA
A four-star hotel.
The hotel room capacity: 143 rooms.
Absolute annual income is 522,000 €.
The current yield is 5.6%.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 5%.
The property is located in Magdeburg, the capital of Sachsen-Anhalt.
If this ad doesn't suit you, have a look at the other hotels for sale in Magdeburg.
All ads in the country: hotels for sale in Germany.
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.
Property maintenance and insurance
Search for tenants, contracting, and control over rent collection
Arrangements for bookkeeping and tax advice
Developers with a good track record that give warranties or procure a record in the land register.
There is no need to incorporate a legal entity or open an account in Germany.
No extra charges to maintain or operate the property.
Percentage of the property value
The expenses on an independent legal review of the project
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