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Four-star hotel with restaurant, just 150 meters from the waterfront of Lake Garda, Salo

3,600,000 €
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Yield: 4.8%
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Features
  • Absolute return: 172,000 €
  • Percentage of the rented area: 100%
  • Total rooms: 25

It is a hotel investment on the west coast of Lake Garda.

Description

The building is located near the waterfront. The hotel has a bar open for non-residents, a popular restaurant and confectionery.

There are 25 apartments in total, some have lake views.

The hotel is open all year round.

The property is fully leased out to a management company.

Financial performance

Absolute income is 172,000 €.

The current yield of 4,8%.

Tenants

The anchor tenant is a management company.

The lease agreement is signed for one year with extensions each year due to the desire of the owner to sell the hotel. The tenant is ready for a long-term contract.

Location

The hotel is 150 meters from the waterfront and 500 meters from the marina.

Public transportation is within the walking distance.

More properties

If this property wasn’t for you, take a look at other hotels for sale in Italy.

You can see more hotels for sale in Salò elsewhere on our website.

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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
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    • Bank financing from 3% annually
    • Construction site audits
    • Management company services