Four-star hotel with restaurant in Frankfurt

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Four-star hotel with restaurant in Frankfurt

21,000,000 €
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Total area: 15,413 m² Yield: 6.7% Built in 1996
  • Absolute return: 1,400,000 €
  • 5-floor building
  • Notary (state registration): 1.5%
  • Acquisition tax: 5.0%
  • Broker: 6.0%
  • Total rooms: 211
  • Internet
  • TV
  • Car parks

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.

Financial performance

Absolute income is 1,400,000 €.

The current yield of 6,7%.

Transaction costs

Notary fee of 1,5%.

RE purchase tax of 5%.

The broker's fee of 5,95%.

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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
Free advice on real estate in Frankfurt am Main
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