Germany
Berlin
Hotel in the Schoeneberg area
The 3*** hotel is in excellent condition in one of the central districts of Berlin - Schoeneberg, next to Potsdamer Platz and within walking distance of the main attractions of Berlin.
There is a metro station and a bus stop near the hotel.
Currently, work is underway to expand the hotel - 31 rooms are being added.
After the completion of the work, it is planned to sign a new contract for the rental of the hotel for the next 15 years with the option of extending 2 times for 5 years additionally.
Room size: 20-70m2
6 floors
Average annual occupancy rate of the hotel: 85%
Rental income per year: 770,000€
Price: 12 500 000€ + purchase costs
