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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%
  • 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 and nearby objects

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

Public transportation is within the walking distance.

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Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 20 3608 1267
Free advice on real estate in Salò
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