ID: 1857
House

Hotel for sale Munich suburb, Germany

New Hotel in the West of Munich on 25 Years Lease. 4.5% Yield

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€17,093,000
New Hotel in the West of Munich on 25 Years Lease. 4.5% Yield
Property for Sale in Munich suburb, Germany - Thumb
Property for Sale in Munich suburb, Germany - Thumb
Property for Sale in Munich suburb, Germany - Thumb
Property for Sale in Munich suburb, Germany - Thumb

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Additional Information DESCRIPTION

We are pleased to offer you a new high quality hotel only 13 km from the west of Munich. The hotel will be equiped with 123 very elaborately furnished rooms, a modern Lobby, Reception, a Café and Breakfast room, a modern kitchen with ancillary rooms. Outdoor Parking for 47 cars.

The completion of the building construction is planned for the 3rd quarter of 2020. The lease agreement with one of  the world's largest hotel operators, is concluded for 25 years with an option to prolong by another 5 years. Rental income is netto 769 200 € per year incl. parking.

Munich is the administrative, economic, scientific and cultural center of the federal state of Bavaria and with its more than 1.5 million inhabitants the third largest city in Germany after Berlin and Hamburg. The object is located about 13 km from the western border of Munich, in the industrial estate "Gewerbepark Olching Geiselbullach" in the district Fürstenfeldbruck. The location is one of the last years newly developed business locations and is located approx. 500 m from the federal motorway A8 (Munich-Augsburg)  and directly on the federal highway B471. The site is a CO² and emission-free area. Bus connections from the location take you to the SBahn stations Olching and Esting (S3).Munich airport as well as the city center of Munich can be reached in 30 minutes drive. The hotel can benefit from excellent synergy effects through the industrial estates in the neighborhood.

If you are interested in this and other objects, you can leave a request. Managers of our company will contact you shortly and provide you with the objects that match your request.


Additional Information PROPERTY DETAILS
  • Type of Property: Hotel
  • Location: Munich suburb, Germany
  • Total Area: 4300 sq m
  • Sale Price: €17,093,000

Financial Information

Price
€17,093,000
Guaranteed rent
Rent Income per year
€769200
Rent Income per month
€64100
Profitability
4,5%
Payback
22,2

Purchase Cost

Agency commission
3,57%
Rental services
Additional Information OTHER INFO

ATTRIBUTES

Rooms: 123
Total Area: 4300 sq m
Floors: 4
Condition: new
Year Built: 2020
Parking: yes
Parking Spaces: 52
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