ID: 1824
House

Hotel for sale Hamburg, Germany

Hotel in Hamburg - Harburg

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€34,000,000
Hotel in Hamburg - Harburg
Property for Sale in Hamburg, Hamburg, Germany - Thumb
Property for Sale in Hamburg, Hamburg, Germany - Thumb
Property for Sale in Hamburg, Hamburg, Germany - Thumb
Property for Sale in Hamburg, Hamburg, Germany - Thumb
Property for Sale in Hamburg, Hamburg, Germany - Thumb
Property for Sale in Hamburg, Hamburg, Germany - Thumb

Enquire about this Property

Additional Information DESCRIPTION
We are happy to offer you a 5-star hotel in the second biggest city of Germany - Hamburg (Harburg borough).

The main building is 12,200 sq.m. was built in 1994, in 2008 an additional utility room was built with an area of ​​1,800 sq.m. The buildings are located on a large plot of land with an area of ​​10,500 sq.m.
 
The hotel has 128 comfortable rooms, including: 12 suites, 1 penthouse and 6 studios. There are also 23 conference rooms with a total capacity of 1,400 people, 2 restaurants with 290 seats, a bar and parking. For hotel guests there is a spa center with a sauna. The average annual occupancy rate is 55%.
 
The hotel is ideal for weddings and conferences.
 
It is possible to rent a hotel to a big hotel operator for 20 years. The annual income is 1,200,000 - 1,400,000 euros.
 
Price - 34,000,000 Euro
The total area is 14,000 sq.m.
Rental income - 1 200 000 euro / year
Profitability - 3.5%
 
Hamburg is a city in the north of Germany. It is one of the 16 lands of the Federal Republic of Germany, a city-state in its composition. The second largest city in the country (after Berlin), the seventh largest in the European Union and the most populated non-capital city in the European Union. The population of the city is more than 1.8 million people. Hamburg is the largest port in Germany, the second largest in Europe, and in ninth place in the world. The largest shipyard is Blohm und Voss. Hamburg is an important place of civil aerospace industry. Two companies are represented in the city - EADS and Airbus, which has an assembly plant in Hamburg, and the plant employs more than 13 thousand people. In Hamburg, Beiersdorf is headquartered. The city has a large brewery producing beer brand Holsten. Hamburg is a center of mechanical engineering, light industry and printing industry. The city is home to such press publishers as Spiegel and Stern, as well as the headquarters of Otto, Europe's largest mail order concern.
 
If you are interested in this and other objects, you can leave a request. Our company’s employees will contact you shortly and provide you with the objects that match your request.
 
Do not miss the opportunity to buy a house in the suburbs of Hamburg!
 
Additional Information PROPERTY DETAILS
  • Type of Property: Hotel
  • Property Type: Secondary market
  • Location: Hamburg, Hamburg, Germany
  • Land Area: 10500 sq m
  • Total Area: 14000 sq m
  • Sale Price: €34,000,000

Financial Information

Price
€34,000,000
Guaranteed rent
Rent Income per year
€1200000
Rent Income per month
€100000
Profitability
3,5%
Payback
28 years
Installment
Mortgage

Purchase Cost

Agency commission
7,14%
Tax on the purchase
4,5%
Services notary
1%
Inventory
0,5%
Rental services
Services of the management company

Facilities

Garden
Terrace
Near metro / stop
Near the shop
Parking place
Additional Information OTHER INFO
FEATURES
Hotel in Hamburg for sale
Hotel in Germany for sale

ATTRIBUTES

Rooms: 128
Land Area: 10500 sq m
Total Area: 14000 sq m
Year Built: 1994
Parking: yes
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one of our advisors will be in touch regarding your enquiry