Apartment hotel.
Description
Total area of the property is 1,260 m²
The hotel consists of 12 two- and three-bedroom apartments and 2 studios. The area of the units varies from 43 m² to 71 m²
The building was built in 2011 and now is in perfect condition.
There is a parking for 14 cars near the hotel. The parking is not included in the purchase price of the hotel. The parking price — 280,000 €.
Absolute annual income is 215,000 €.
The current yield of 4.7%.
The tenant is a hotel chain.
The lease agreement is valid through 2027.
The hotel is situated in one of the most quiet areas of the city. There are parks, historic monuments and a cultural center located within few minutes drive from the hotel.