Three-star hotel with bar in Wiesbaden

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Three-star hotel with bar in Wiesbaden

3,100,000 €
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Total area: 1,820 m² Yield: 6.4% Built in 1992
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Features
  • Absolute return: 200,000 €
  • Land area: 938 m²
  • 4-floor building
  • Number of parking lots: 21
  • Notary (state registration): 1.5%
  • Acquisition tax: 5.0%
  • Broker: 6.0%
  • Total rooms: 55
  • Balcony or terrace

It is a four-storey hotel investment in Wiesbaden.

Description

The total area of 1,820 m².

The plot of 938 m².

The hotel was constructed in 1992 and now is in good overall condition.

There are 55 rooms, one of them is suite.

The hotel has a spacious conference salon, bar and terrace.

There is an underground garage for 21 cars.

Financial performance

The hotel income is 200,000 €.

The current yield of 6,4%.

Transaction costs

Notary fee of 1,5%.

RE purchase tax of 5%.

The broker's fee of 5,95%.

Location

Wiesbaden is one of the oldest spa towns in Europe.

The nearest airport is within 15 km distance in Frankfurt.

More properties

If this property wasn’t for you, take a look at other hotels for sale in Germany.

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