Hotel, Mecklenburg-Western Pomerania, Germany

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Hotel, Mecklenburg-Western Pomerania, Germany

2,600,000 €
1,238 € /m²
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  • Total area
    2,100 m²
  • Built in 
    1912
Details
Property parameters
  • Land area: 21,000 m²
  • Hotel rating: 4
Property status
  • Most recent total renovation: 2004
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 5.0%
  • Broker: 6.0% + VAT
Features
  • Garden

A hotel in the castle on an island.

Description

A 4 star hotel with a park.

The full rehabilitation of the hotel was carried out in the years 2000 – 2004.

The property is in good condition (only painting works are needed to refresh the appearance of the building).

The hotel is fully furnished.

The property includes:

  • 13 residential units
  • banquet hall (about 220 m²)
  • wellness area
  • billiard room
  • bar
  • wine cellar
  • multimedia lounge
  • gym
  • restaurant
  • park

At the moment the hotel is managed by the owner, who can later remain as an operator.

Benefits

  • popular weekend tourist destination in Germany (1st in search requests in 2018; hotels attendance statistics in 2016 — about 7.6 million guests)
  • possibility of expanding the living space by 400 — 450 m² due to the attic floor
  • market value of the hotel is more than 4 million euros, the sale price is 2.6 million euros

Transaction costs

Notary (state registration) is 1,5 – 2%.

Acquisition tax is 5,0%.

Brokerage fee is 6% + VAT 19% (total 7,14%).

Location

The hotel is located in a castle in one of the islands in the Baltic Sea within Germany (Mecklenburg-Vorpommern federal state). The island’s population is over 70,000 people.

The main source of income for the island is tourism. Fishery and agriculture are also developed on the island.

The island is connected by road and rail with the mainland of Germany.

The island has a large railway-port complex, the ferry lines of which connect the island with the ports of Russia, Denmark, Lithuania, and Sweden.

More properties

If this ad doesn't suit you, have a look at the other hotels for sale in Mecklenburg-West Pomerania.

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

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