It is a hotel investment on the west coast of Lake Garda.
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.
Absolute income is 172,000 €.
The current yield of 4,8%.
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.
The hotel is 150 meters from the waterfront and 500 meters from the marina.
Public transportation is within the walking distance.