It is a five-storey hotel investment in Frankfurt.
Description
Spacious hotel with total area of 15,413 m² was constructed in 1996.
There are 211 rooms in total.
The hotel also features:
- 13 meeting rooms;
- spa;
- wellness area;
- fitness area;
- restaurant;
- bar.
There is also an underground parking.
Absolute income is 1,400,000 €.
The current yield of 6,7%.
Notary fee of 1,5%.
RE purchase tax of 5%.
The broker's fee of 5,95%.