Hotel in Munich, Germany

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Hotel in Munich, Germany

16,500,000 €
4,191 € /m²
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  • Total area
    3,937 m²
  • Yield
    5.0%
  • Built in 
    2017
Details
Property parameters
  • Land area: 3,820 m²
  • Total rooms: 105
  • Number of parking lots: 53
Financial performance
  • Annual income: 820,000 €
Tenants
  • Fully let
  • End of lease: 2032
Transaction costs
  • Notary (state registration): 2.0%
  • Acquisition tax: 3.5%
  • Broker: 4.0% + VAT
Features
  • TV

A new hotel.

Description

The hotel room capacity: 105 rooms.

There is a parking for 16 cars and an underground garage for 37 cars in the territory of the property.

The building was built in 2017.

Financial performance

Absolute annual income is 820,000 €.

The current yield of 5.0%.

Tenants

The tenant is a hotel chain.

The lease agreement is valid through 2032 and includes extension options for 2x5 years.

Transaction costs

Notary (state registration) is 1.5–2%.

Acquisition tax is 3.5%.

The broker's fee of 4%.

Location

The hotel is located in a 5-minute walk from the metro station, public transport stops. The shops, a gym and a wellness center are situated nearby. The central station of the city can be reached in a 10-minute drive. The airport is situated in 45 km from the hotel.

More properties

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

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

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