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The hotel in Baden-Wuerttemberg with a 5,8% yield

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The hotel in Baden-Wuerttemberg with a 5,8% yield

15,950,000 €
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Total area: 4,940 m² Yield: 5.8%
  • Absolute return: 924,000 €
  • Built in 2007
  • Percentage of the rented area: 100%
  • Number of parking lots: 90
  • Lettable area: 2,022 m²
  • Notary (state registration): 1.5%
  • Acquisition tax: 5.0%
  • Broker: 1.8%
  • Total rooms: 150

It is a hotel in the federal state of Baden-Wurttemberg.

Description

The hotel is a five-storey building with a total area of over 2,000 m².

The property has been built in 2007 and is in excellent condition at the moment.

The hotel has 150 rooms and 90 parking spaces, 61 of them in the underground garage.

The object is fully leased to a major German operating company. The contract was signed for 20 years with the possibility of prolongation for another 10 years (2x5).

Yield

Absolute income is 924,000 €.

The current yield of 5,8%.

Location

The property is located in one of the largest cities in the state of Baden-Wurttemberg. Excellent infrastructure and developed economy make the region very attractive for business opportunities.

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Sofiya Bulanova
Sofiya Bulanova
Real Estate Expert Tranio in Baden-Wurttemberg
+44 20 3608 1267
Free advice on real estate in Baden-Wurttemberg
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