+44 20 3608 1267
Four-star hotel with restaurant in the center of Munich, yield of 5%

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Four-star hotel with restaurant in the center of Munich, yield of 5%

70,000,000 €
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Total area: 11,100 m² Yield: 5.0%
  • Absolute return: 3,500,000 €
  • Land area: 1,600 m²
  • Built in 2012
  • Renter: 100%
  • Number of parking lots: 50
  • Notary (state registration): 1.5%
  • Acquisition tax: 3.5%
  • Broker: 4.8%
  • Total rooms: 201
  • Hotel rating: 4
  • Shared parking
  • Internet
  • TV

We offer you a hotel in Munich.

Description

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.

Financial performance

Absolute income is 3,500,000 €.

The current yield of 5%.

Tenants

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.

Transaction costs

Notary fee of 1,5%.

RE purchase tax of 3,5%.

The broker's fee of 4,76%.

Location

The property is situated in the center of Munich.

There are shops, cafes, restaurants, historic sights, public transportation and metro stations in the neighborhood.

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Sergey Sharovatov
Sergey Sharovatov
Investment Consultant
+44 20 3608 1267
Free advice on real estate in Munich
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