Hotel in the suburb of Munich, Germany

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Hotel in the suburb of Munich, Germany

16,000,000 €
1,807 € /m²
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  • Total area
    8,850 m²
  • Yield
    6.0%
  • Built in 
    2002
Details
Property parameters
  • Total rooms: 181
  • Hotel rating: 4
Financial performance
  • Annual income: 960,000 €
Tenants
  • Fully let
  • End of lease: 2037
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 3.5%
  • Broker: 3.0% + VAT
Features
  • Balcony or terrace

Four-star hotel.

Description

The total area of the building is 8,850 m²

The hotel room capacity: 181 rooms.

The hotel includes a restaurant, a bar, a fitness-center, a terrace and 10 conference rooms.

The building was built in 2002. The hotel was recently renovated.

Financial performance

Absolute annual income is 960,000 €.

The yield of 3.9%

Tenants

Аccording to a new owner's request, the property can be sold without a tenant or with an operator and a lease agreement for 20 years. Negotiations are under way with hotel chains.

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 3.5%.

The broker's fee of 3%.

Location

The hotel is located in the suburb of Munich, near the airport.

More properties

If this ad doesn't suit you, have a look at the other hotels for sale in Munich.

All ads in the country: hotels for sale in Germany.

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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