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Hotel at the foot of vineyards in Baden-Baden

1,800,000 €
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Total area: 1,500 m²
  • Absolute return: 150,000 €
  • Land area: 2,800 m²
  • Built in 1900
  • Number of parking lots: 12
  • Most recent total renovation: 2011
  • Notary (state registration): 1.5%
  • Acquisition tax: 5.0%
  • Broker: 3.6%
  • Total rooms: 20

It is a hotel in the nature at the foot of the vineyards in the German resort of Baden-Baden.

Description

The hotel was built in 1900. The guest house was completed in 1970, which increased the total area of the hotel to 1,500 m². Plot of 2,800 m².

There was renovation of guest rooms, bathrooms in 2010–2011, installation of a sauna with a seating area and a terrace with a summer garden and a jacuzzi.

Hotel restaurant accommodates 75 seats. There is a small conference room for 30 persons. Comfortable sauna with pool adds to the comfort of the hotel.

35 beds hotel divided into 3 single rooms, 14 double rooms and 3 suites.

The hotel has a central gas heating. The kitchen is new as well as freezers.

There is parking for 12 places.

Financial performance

The annual turnover of 750,000 €.

The net profit of about 150,000 €.

The hotel can be leased. It is possible to lease restaurant separately from the rest of the hotel.

Transaction costs

The broker's fee of 3,57% + VAT.

Real Estate Transfer Tax is 5%.

Notary fee of 1,5%.

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Sergey Sharovatov
Sergey Sharovatov
Investment Consultant
+44 20 3608 1267
Free advice on real estate in Baden-Baden
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