Four-star hotel in Hamburg

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Four-star hotel in Hamburg

23,700,000 €
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Total area: 7,999 m² Yield: 5.2% Built in 2009
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Features
  • Operating Incomе: 1,230,000 €
  • Land area: 2,350 m²
  • Notary (state registration): 1.5%
  • Acquisition tax: 5.0%
  • Broker: 6.0%
  • Total rooms: 165
  • Hotel rating: 4

It is a hotel investment in Hamburg.

Description

Spacious hotel area of 7,999 m² was constructed in 2009.

The plot of 2,350 m².

The hotel accommodates 165 rooms.

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

Financial performance

Absolute income is 1,230,000 €.

The current yield of 5,2%.

Transaction costs

Notary fee of 1,5%.

RE purchase tax of 5%.

The broker's fee of 5,95%.

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Sofia Bulanova
Sofia Bulanova
Investment Consultant
+44 20 3608 1267
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    • Bank financing from 1.5% annually
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