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17 093 000 €

Hotel in Munich, Germany, 4 300 sq.m

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  • Hotel in Munich, Germany, 4 300 sq.m - picture 1
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  • Hotel in Munich, Germany, 4 300 sq.m - picture 1
  • Property ID on Prian.info: 3206803
    Property ID on company's website: 2164
    Last update: 04.12.2023
    Number of views: 3113

17 093 000 €

Hotel in Munich, Germany, 4 300 sq.m

4300 sq.m

  • Property ID on Prian.info: 3206803
    Property ID on company's website: 2164
    Last update: 04.12.2023
    Number of views: 3113

Specifications

Sale price 17 093 000 €
Price per square meter 3 975.12 €
Floor area 4 300 sq.m
Construction phase Off-plan
Facility completion deadline 3 кв. 2020
Number of storeys 4
Address Germany, Munich

Description

A new hotel in Munich (land - Bavaria) is presented to your attention. The object is located on a plot of land with an area of 3,700 sq.m. At the moment, its construction is underway, which will be completed in the 3rd quarter of 2020.

The building consists of 4 floors (basement + 1-3 floors). The hotel has 123 rooms with luxurious furnishings. Equipped with a modern lobby with a reception desk. There is a cafe and a breakfast room at guests' disposal. Near the hotel there is a private outdoor Parking for 47 cars.

At the moment, a lease agreement has been concluded with a major hotel operator for a period of 25 years. The contract provides for 1 option of extension for 5 years, as well as indexation of rent.

Price - 17,093,000 euros
The total area is 4,300 sq.m.
Rental income - 769,200 euros/year
Profitability - 4.5%

The hotel is located about 13 km from the western border of Munich, directly on the A8 federal highway, in the Furstenfeldbruck district. Olching Geiselbullach Business Park is located nearby. The center of Munich can be reached by car in 30 minutes, Munich International Airport is also 30 minutes away (via the A99 motorway).

Munich is a city on the Isar River, in the south of Germany, in the federal state of Bavaria. An out-of-district city that is simultaneously the administrative center of Bavaria and the administrative district of Upper Bavaria. The population of Munich is more than 1.5 million people. Thus, it is the largest city in Bavaria and the third, after Berlin and Hamburg, city in Germany. Munich is home to the Government of Bavaria, the government of the district of Upper Bavaria, as well as the government of the Munich city district. Modern Munich is not only a center of cultural values, but also a major industrial and research center. Thanks to the famous universities, the Bavarian State Library, one of the most significant in the world, the Max Planck and Heinz Mayer-Leibniz Institutes, the nuclear research reactor and many other institutions, Munich holds a strong position in European science. Munich is also rightfully considered the IT capital of Germany. Real estate in Munich is the most expensive in Germany.

If you are interested in this and other objects, you can submit a request. The employees of our company will contact you in the near future and will provide you with the objects corresponding to your request.

Don't miss the opportunity to purchase a new hotel in Munich!


Representative

Igor Siebert
CEO
Languages: english, german
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