Hotel – Milan, Lombardy, Italy

Additional information is provided after the signing of an NDA

Hotel – Milan, Lombardy, Italy

60,000,000 €
Learn the property location
Send the listing to yourself
  • Yield
    6.0%
Details
Property parameters
  • Hotel rating: 4
Financial performance
  • Annual income: 3,600,000 €
Tenants
  • Fully let
Property status
  • Most recent total renovation: 2017
Transaction costs
  • Broker: 3.0%
Features
  • Golf course

Totally renovated 4-star hotel

Description

167 rooms + 96 apartments

Equipment

  • 2 restaurants
  • Small golf course-practice

Energy Performance Certificate

  • Energy class: G
  • Consumption value: 175,00 kWh/ m² a
  •  

Financial performance

Absolute annual income is 3,600,000 €.

Current yield: 6%.

Tenants

The property is leased to a hotel managing company under a world famous brand with a lease contract of 20 years starting from July 2017.

Transaction costs

Brokerage fee 3% + VAT.

Location and nearby infrastructure

The facility is located in Milan.

The nearest metro stop is 100 meters from the hotel, close to the bus stops and links to the international airports.

Milan is the center of the Lombardy region, Italy's second largest city, the country's largest industrial, financial, commercial and transport hub, an important cultural center. The population of the city is more than 1.3 million people.

The city is famous for its museums, art galleries, theaters, monuments of architecture, educational institutions.

There are many financial and trading companies (Pirelli, Telecom Italia, Alfa Romeo) in Milan; industrial enterprises are located in the suburbs. The fashion houses and clothing industry copanies (Giorgio Armani, Gianni Versace, Dolce & Gabbana, Prada, etc.) are world famous and located in Milan.

More properties

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

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

Learn more about this property
Ask the Destination Manager your questions
Learn more
    I confirm that I have read and accept the Privacy Policy and Personal Data Processing Guidelines.
    Marina Filichkina
    Marina Filichkina,
    Head of Sales
    Learn more
    Similar listings

    We select ads that may interest you.

    Not sure what to start with? Send an advice request
    Our expert will contact you to help with selecting real estate.
    Ask a question
      I confirm that I have read and accept the Privacy Policy and Personal Data Processing Guidelines.
      Sofia Bulanova,
      Senior Investment Consultant
      flag icon
      Dubai, UAE
      Tranio Global Real Estate, Ohmydesk Business Center, Al Fattan Downtown, 32d St, 103-104, Al Satwa Dubai, UAE
      flag icon
      Torrevieja, Spain
      Tranio LLC, Calle del Palangre, 14, 03182 Torrevieja
      flag icon
      Athens, Greece
      Tranio LLC, Vissarionos, 4, 10672 Athens
      flag icon
      Berlin, Germany
      Tranio Germany GmbH, Schlüterstraße 38, 10629 Berlin
      Send a request