We offer you a hotel in Munich.
The total area is 11,100 m².
The plot of 1,600 m².
The hotel has 201 rooms, 8 of which are suites. There is a restaurant, bar, conference halls, fitness area and sauna.
The building was constructed in 2012 and now is in excellent condition.
There is an underground garage for 50 vehicles.
The hotel is fully leased out to a major hotel chain.
Absolute income is 3,500,000 €.
The current yield of 5%.
Tenant is a large hotel chain with its portfolio featuring more than 160 hotels.
The lease agreement is signed for 20 years until 2032, there are extension options.
Notary fee of 1,5%.
RE purchase tax of 3,5%.
The broker's fee of 4,76%.
Location and nearby objects
The property is situated in the center of Munich.
There are shops, cafes, restaurants, historic sights, public transportation and metro stations in the neighborhood.