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Four-star hotel in Berlin with a 6,9% yield

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Four-star hotel in Berlin with a 6,9% yield

10,400,000 €
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Total area: 7,261 m² Yield: 6.9%
  • Absolute return: 718,654 €
  • Land area: 3,760 m²
  • Built in 1995
  • Renter: 100%
  • Most recent total renovation: 2007
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 6.0%
  • Total rooms: 156

It is a hotel investment is South Berlin.

Description

Spacious hotel area of 7,261 m² was constructed in 1995.

The plot of 3,760 m².

The hotel accommodates 156 rooms.

The property is in good overall condition, major renovation took place in 2007.

The hotel is fully leased out to a managing operator.

Financial performance

Absolute income is 718,654 €.

The current yield of 6,9%.

Tenants

Tenant is an international management company.

The lease agreement is signed until 2032.

Transaction costs

Notary fee of 1,5%.

RE purchase tax of 6%.

The broker's fee of 5,95%.

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Sofiya Bulanova
Sofiya Bulanova
Real Estate Expert Tranio in Berlin
+44 20 3608 1267
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