A four-star hotel in a detached building.
Description
Total area of the building is 5,700 m²
The hotel room capacity: 100 rooms.
The hotel inludes a restaurant for 70 seats, a conference room, a fitness-club and a spa.
The building was built in 2015.
Absolute annual income is 2,137,500 €.
The current yield of 5.7%.
The indexation of rental revenue is proportional to inflation.
It is possible to obtain bank loan for 60% of the value of the property at 1.75% per annum.
The tenant is a large hotel operator.
The lease agreement is signed for 15 years with extension options for 3x5 years.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 3.5%.
The broker's fee of 4%.
The hotel is located in 15 minutes drive from the city center. All amenities and public transport stops are situated in a close vicinity of the property.