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.
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Do not miss the opportunity to buy a house in the suburbs of Hamburg!