40 room-hotel with a business plan for renovation and rental, Rome, Italy
- 7,440,000 €
- 7.0% yield
Commercial building without tenants in the B-C location.
The total area of the building is about 3,900 m².
Purpose: non-residential, former offices.
The property was built in 1995 and was used as an office building with 200 workplaces. In the past 4 years, the building has been used as a hostel for refugees.
The property can be converted to student apartments or apartments for short-term rentals.
Cosmetic repairs, partial replacement of windows are required.
There is a vacant area for the construction of parking.
The property is located in the commercial district of Leipzig with very good transport accessibility. The property is located directly next to the traffic intersection, the distance to the city center is about 5 km, to the new exhibition center – 2 km. The S-Bahn station is in 150 meters from the property, a supermarket is 200 meters away.
Leipzig is the fastest growing city in the region of Central Germany with a population of more than 560 thousand people.
There is a trade fair in the city well-known not only in Germany but in all the world.
Leipzig occupies an important position in the development of the business industry, thus being one of the top priorities in the real estate investment market.
There are offices of such corporations as Amazon, BMW, Porsche and DHL.
Economic development, modern infrastructure, tourism potential and socio-demographic growth make a significant contribution to the creation of an investment portrait of the city.
Leipzig also has good transport links, there are exits to A9, A14 and A38 motorways and federal highways. In addition, there is Galle International Airport and the central station of Leipzig located in the center of the city.
If this ad doesn't suit you, have a look at the other office buildings for sale in Leipzig.
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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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