A 4-star hotel in the suburbs of Leipzig.
Description
A hotel with apartments in a classic style.
The property includes:
- restaurant
- conference/ banquet hall (1,000 m²)
- business center
- terrace
- garden
- fitness center with sauna
- barbecue area
- elevator
Bank financing is possible.
The absolute annual income is 550,800 €.
The current yield of 6,3%.
A lease agreement provides for the indexation of rent.
Notary (state registration) is 1,5 – 2%.
Acquisition tax is 5,0%.
Brokerage fee is 4% + VAT 19% (total 4,76%).
The property is located close to Leipzig, Halle and the Leipzig trade and exhibition center.
Leipzig is the largest city of the federal state of Saxony with the population 560,000 people.
Together with Halle located 32 km west, Leipzig forms an urban agglomeration with the population about 1.1 million people, which is one of the most economically developed in East Germany.
The major employing companies in Leipzig:
- Amazon
- Blüthner (piano production)
- BMW
- Comparex
- Porsche
- Siemens
- EMAG Leipzig Maschinenfabrik GmbH
- DHL (for Leipzig/ Halle airport)
- Microsoft (cheap boxes)
Over the past 5 years 50,000 people (at the age from 25 to 34 years) have migrated to Leipzig.
The number of jobs increased by 11,5% and the number of workers increased by 19,5%.
The unemployment rate does not exceed 8,7%.
The purchasing power index is 89,31.
Leipzig/ Halle Intercontinental Airport is located in the city and it is considered the 2nd largest cargo hub in Germany.
The hotel building is located in one of the busiest streets of the city. There are shopping centers, shops, a supermarket, a pizzeria, a restaurant, a gas station, a car repair shop near the property.
The hotel has excellent access roads and is located near the highway leading to Leipzig.
Leipzig/ Halle International Airport is 22 km away (about 15 minutes drive).
