ID: 1637
House

Hotel for sale Berlin, Germany

Modern 4 * hotel in the center of west Berlin near famous Kurfürstendamm boulevard
EW Real Estate
Kurfürstendamm 45 Berlin
Telephone: +49 30 47365973
€24,000,000
Modern 4 * hotel in the center of west Berlin near famous Kurfürstendamm boulevard
EW Real Estate
Kurfürstendamm 45 Berlin
Telephone: +49 30 47365973
Additional Information DESCRIPTION
Do not miss the opportunity to buy modern 4 * hotel in the center of West Berlin, just 100 meters from the famous Kurfürstendamm boulevard.
 
The hotel has 90 rooms. It has its own fitness room, SPA-complex and bar.
 
At the moment, a lease for 15 years has been concluded, which provides for the possibility of termination not earlier than in 10 years.

Total area - 3 029 sq. M.
Price - 24,000,000 euros
Rental income - 900 000 euro / year
Profitability - 3.75%
 
Berlin is the capital and largest city of Germany, the second most populous (after London) and the fifth largest city in the European Union. Today, Berlin is a world cultural center. This is a major European transport hub and one of the most visited cities on the continent. Universities, research institutes and museums of Berlin are known all over the world. The population of the city is about 4,000,000 people.

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Additional Information PROPERTY DETAILS
  • Object: Commercial property
  • Type of Property: Hotel
  • Location: Berlin, Berlin, Germany
  • Total Area: 3029 sq m
  • Sale Price: €24,000,000

Financial Information

Price
€24,000,000
Guaranteed rent
Rent Income per year
€900000
Rent Income per month
€75000
Profitability
3,75%
Payback
26,7 years
Installment
Mortgage

Purchase Cost

Agency commission
7,14%
Tax on the purchase
6%
Services notary
1%
Inventory
0,5%
Rental services
Services of the management company
Additional Information OTHER INFO
FEATURES
modern 4 * hotel in the center of west Berlin for sale
commercial property in Berlin for sale
Commercial property in Germany for sale
Hotel with tenant in Berlin for sale

ATTRIBUTES

Rooms: 90
Total Area: 3029 sq m
Condition: Excellent
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