Three-star hotel with parking space.
Description
The hotel room capacity is 50 rooms.
Hotel includes restaurant, bar and two retail premices.
Absolute income is 520,000 €.
The current yield of 5.6%.
The agreement has terms of rental value indexation.
The lease agreement is valid through 2029 and includes extension options.
Notary fee of 1.5%.
RE purchase tax of 3.5%.
The broker's fee of 4%.
Hotel situated in Munich — it is one of the largest cities of Germany.