Hotel in the center of Rome, Italy

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Hotel in the center of Rome, Italy

15,000,000 €
5,000 € /m²
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  • Total area
    3,000 m²
  • Yield
    4.6%
  • Built in 
    1936
Details
Property parameters
  • Total rooms: 60
  • Hotel rating: 3
  • 3-floor building
Financial performance
  • Annual income: 700,000 €
Tenants
  • Fully let
Features
  • TV

3-star hotel in the heart of Rome.

Description

The historic 3-storey building with an area of 3,000 m² consists of about 60 rooms. Renovation is carried out.

There is a spacious dining area, a lounge, and a TV room.

It's possible to turn the property into a 4-star hotel (75–80 rooms) with a panoramic roof-top terrace.

Financial performance

The annual income is 700,000 €.

The yield is 4.6%.

Tenants

The property is fully let. The tenant is a famous hotel operator.

Transaction costs

Brokerage fee.

Location and nearby infrastructure

The property is located near a railway station and Republic Square.

Lazio is one of the 20 administrative regions of Italy. Situated in the central peninsular section of the country, it has 5,897,635 inhabitants – making it the second most populated region of Italy. The capital of Lazio is Rome, which is also Italy's capital and the country's largest city.

Approximately 73% of the working population are employed in the services sector; this is a considerable proportion, but is justified by the presence of Rome, which is the core of public administration, banking, tourism, insurance and other sectors. Many national and multinational corporations, public and private, have their headquarters in Rome.

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