- 27,285,000 €
- 4.7% yield
- Pforzheim Hotel 16,550,000 €
- Basic parameters
- Photo
№ 1,793,262
Hotel 3,000 m² in Pforzheim
16,550,000 €
5,516 € /m²
- Room stock —
- Yield 4.0%
- Constructed 2019
- Price per key —
Key project parameters
- Total area
- 3,000 m²
- Land area
- 1,200 m²
- Number of parking lots
- 34
- Hotel rating
- 3
- Constructed
- 2019
Project description
A hotel under construction with a street retail in Pforzheim.
Description
The area of the hotel is 3,800 m², the area of the store — 205 m².
Deal type: Forward deal.
Extra information
Car parks
Tenants
- Agreement
- n/a
The tenant is one of the largest hotel chains with several hundreds hotels worldwide.
The lease agreement is valid for 20 years + extension options 2х5 years.
Financial performance
- Yield
- 4.0%
The absolute annual income is 744,480 €.
The current yield is 4,5%.
Transaction costs
Notary (state registration) is 1,5 – 2%.
Acquisition tax is 5,0%.
Brokerage fee is 5% + VAT 19% (total 5,95%).
Location and nearby infrastructure
The hotel is located in the city of Pforzheim (the federal state of Baden-Württemberg).
The city's population is more than 120,000 people. In Pforzheim/ Karlsruhe agglomeration live about 650 thousand people.
Pforzheim is located between 2 major cities — Karlsruhe and Stuttgart.
Pforzheim is well known for its jewelery and watches workshops. Other developed industries: precious metals processing, engineering, information and educational services.
Key companies: Aktivbank AG, Allgame Gold-und Silberscheideanstalt AG, Binder FBM, DODUCO, Heimerle + Meule, Karl Lupus, Klingel Versand, Mona Versand.
There are also numerous small and medium-sized businesses in the surroundings of Pforzheim.
Statistics:
- unemployment rate is 5.5% (as of June 2018)
- purchasing power — 22,059 euros per person
- average selling price in new buildings — 3,500 euro/m²
- average selling price after the overhaul — 3,000 euro/m²
- average selling price of resale housing — 2,100 euro/m²
- average rental rate per month — 8 euro/m²
More properties
If this ad doesn't suit you, have a look at the other hotels for sale in Pforzheim.
All ads in the country: hotels for sale in Germany.
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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