ID: 1796
House

Studio bedroom Hotel for sale Rhineland-Palatinate, Kaiserslautern, Germany

  • Bedroom Zero
Hotel 3 star in Kaiserslautern

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€10,000,000
  • Bedroom Zero
Hotel 3 star in Kaiserslautern
Property for Sale in Kaiserslautern, Rhineland-Palatinate, Germany - Thumb
Property for Sale in Kaiserslautern, Rhineland-Palatinate, Germany - Thumb
Property for Sale in Kaiserslautern, Rhineland-Palatinate, Germany - Thumb
Property for Sale in Kaiserslautern, Rhineland-Palatinate, Germany - Thumb
Property for Sale in Kaiserslautern, Rhineland-Palatinate, Germany - Thumb
Property for Sale in Kaiserslautern, Rhineland-Palatinate, Germany - Thumb
Property for Sale in Kaiserslautern, Rhineland-Palatinate, Germany - Thumb
Property for Sale in Kaiserslautern, Rhineland-Palatinate, Germany - Thumb
Property for Sale in Kaiserslautern, Rhineland-Palatinate, Germany - Thumb

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Additional Information DESCRIPTION
We are pleased to offer you 3 * superior hotel located in the center of the suburb of Kaiserslautern (land - Rhineland-Palatinate), not far from the pedestrian zone. The facility was built in 1974, the last rehabilitation was carried out in 2011. The building consists of 23 floors, so that its facade is visible from all points of the city.
 
Price - 10,000,000 Euro
Total area - 14,442.79 sq.m.
Rental income - 401,382 euros / year (with the full lease of premises, an increase of up to 530,000 euros / year is possible)
Profitability - 4.01% (with the full lease of premises, an increase to 5.3% is possible)
 
On the ground floor are commercial premises.
 
On the 2-11 floors, there are mainly office premises. Some of the facilities can be converted to care for the elderly, as in nursing homes (permission has already been obtained).
 
Starting from the 12th floor, there are hotel rooms, including a restaurant located on the 20th floor.
 
The two upper floors are assigned to the staff, there are also auxiliary rooms.
 
The hotels income about 202,250 euros / year, commercial premises about 200,000 euros / year.
 
Near the hotel building there is a private parking for 40 cars, and in the immediate vicinity there is a garage with additional parking spaces for 400 cars.
 
Kaiserslautern is a city in Germany in the southwest of the Rhineland-Palatinate, on the edge of the Palatinate Forest. In the past - one of the imperial residences (“Kaiserpfalz”) in Kurpfalz. The city is located 459 kilometers from Paris, 117 kilometers from Frankfurt am Main, and 159 kilometers from Luxembourg. More than 100,000 people live in Kaiserslautern. The city is famous for its university and industry. The local Kaiserslautern football team is a repeated German champion.
 
If you are interested in this and other objects, you can leave a request. Our company’s managers will contact you shortly and provide you with the objects that match your request.
 
Do not miss the opportunity to purchase a 3 * hotel in the center of the Kaiserslautern suburb!
Additional Information PROPERTY DETAILS
  • Type of Property: Hotel
  • Property Type: Secondary market
  • Location: Kaiserslautern, Rhineland-Palatinate, Germany
  • Total Area: 14442 sq m
  • Sale Price: €10,000,000
  • Bedrooms: Studio

Financial Information

Price
€10,000,000
Guaranteed rent
Rent Income per year
€401382
Rent Income per month
€33448
Profitability
4,01%
Payback
25 years
Installment
Mortgage

Purchase Cost

Agency commission
7,14%
Tax on the purchase
5%
Services notary
1%
Inventory
0,5%
Rental services
Services of the management company

Facilities

Elevator
Balcony
Panoramic view
Near metro / stop
Near the shop
Parking place
Central heating
Apartment house
Additional Information OTHER INFO
FEATURES
Hotel with tenant in Germany for sale
Hotel with tenant in Kaiserslautern for sale
Hotel with tenant in Rhineland-Palatine for sale

ATTRIBUTES

Total Area: 14442 sq m
Year Built: 1974
Parking: yes
Parking Spaces: 440
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one of our advisors will be in touch regarding your enquiry