Three-star hotel just 300 m from the beach, in the center of Toscolano Maderno

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Three-star hotel just 300 m from the beach, in the center of Toscolano Maderno

2,500,000 €
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Yield: 3.6% Built in 1700
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Features
  • Absolute return: 90,000 €
  • 4-floor building
  • Percentage of the rented area: 100%
  • Total rooms: 22
  • Balcony or terrace
  • TV

It is a historic hotel investment just few minutes from the beach on Lake Garda. It is a perfect place for visitors planning to get acquainted with the surroundings of Lake Garda

Description

The hotel was founded in 1700. The building is finished in a classic style and has 22 comfortable rooms, some with terraces overlooking the lake.

The hotel also has a conference room for 45 people, a restaurant, a lounge with TV and reading room, resting outdoor area.

The hotel is fully leased out.

Financial performance

Absolute income is 90,000 €.

The current yield of 3,6%.

Location and nearby objects

The property is situated in the center of Toscolano Maderno.

The beach is only 300 meters away.

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Enquire about this hotel
Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 20 3608 1267
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    • Bank financing from 3% annually
    • Construction site audits
    • Management company services