Four-star hotel in the center of Berlin

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Four-star hotel in the center of Berlin

40,000,000 €
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Total area: 10,700 m² Yield: 5.0% Built in 2009
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Features
  • Absolute return: 2,000,000 €
  • Land area: 2,337 m²
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 6.0%
  • Total rooms: 214

It is a hotel investment in central Berlin.

Description

Spacious hotel area of 10,700 m² was constructed in 2009.

The plot of 2,337 m².

The hotel accommodates 214 rooms.

The property is in good overall condition, repair is not needed.

Additional features

  • Conference halls;
  • Meeting rooms;
  • Restaurant;
  • Relaxation zone;
  • Spa.

Financial performance

Absolute income is 2,000,000 €.

The current yield of 5%.

Transaction costs

Notary fee of 1,5%.

RE purchase tax of 6%.

The broker's fee of 5,95%.

More properties

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You can see more hotels for sale in Berlin elsewhere on our website.

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