The investment project of the hotel in North Rhine-Westphalia

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The investment project of the hotel in North Rhine-Westphalia

34,750,000 €
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Total area: 7,800 m² Yield: 5.3%
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Features
  • Absolute return: 1,839,000 €
  • Minimum owner's capital: 10,000,000 €
  • Number of parking lots: 28
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.5%
  • Broker: 3.6%
  • Total rooms: 180

It is a great oportunity to invest in construction of a hotel in North Rhine-Westphalia.

Description

The future hotel will consist of a ten-storey main building and a six-storey auxiliary building, with a total area of 7,800 m².

Construction was started in the IV quarter of 2014 and is scheduled for completion in the II quarter of 2016.

The hotel according to the current construction plan will consist of:

  • 180 rooms;
  • 28 parking spaces;
  • bar;
  • restaurant;
  • conference area.

The object is already leased for 20 years to an anchor tenant, which is one of the largest German hotel management company, with the possibility of twice prolongation by five years each.

Yield

The projected total income is 1,839,000 €.

The projected yield of 5,3%.

Location

The property is located in one of the largest cities in the state of North Rhine-Westphalia. The city is located within the Rhine-Ruhr metro area, which is among the most important and fastest-growing hubs of economic activity in Germany. Its close proximity to the Ruhr region, one of Germany’s best-developed metropolitan areas in terms of transportation, offers excellent transportation connections.

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If this property wasn’t for you, take a look at other investment projects for sale in Germany.

You can see more investment projects for sale in North Rhine-Westphalia elsewhere on our website.

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Sofiya Bulanova
Sofiya Bulanova
Investment Consultant
+44 20 3608 1267
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    • Bank financing from 1.5% annually
    • Construction site audits
    • Management company services