It is a hotel investment in a small bay on the shores of Lake Garda.
Description
The total hotel area is 1,054 m².
There are dining room, restaurant, garden, swimming pool, sauna, private beach and panoramic terraces.
The hotel has 24 apartments.
The building and equipment are in excellent overall condition.
The hotel is open from April to October. The occupancy rate of 100% in the summer, there is a steady clientele.
The property is leased out to a management company.
Absolute income is 90,000 €.
The current yield of 1,8%.
Tenant is a management company.
The rental contract ends during the year. At the end of the contract it can be renegotiated on a biger rate, or the tenant may leave the building completely.
The hotel is located in a bay on the north-western coast of Lake Garda.
The nearest train station is within 3 km, the nearest airport is 48 km away.
