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470 000 €

Hotel in Gottingen, Germany, 900 sq.m
  • Hotel in Gottingen, Germany, 900 sq.m - picture 1
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  • Hotel in Gottingen, Germany, 900 sq.m - picture 1
  • Hotel in Gottingen, Germany, 900 sq.m - picture 2
  • Hotel in Gottingen, Germany, 900 sq.m - picture 3
  • Hotel in Gottingen, Germany, 900 sq.m - picture 4
  • Hotel in Gottingen, Germany, 900 sq.m - picture 5
  • Hotel in Gottingen, Germany, 900 sq.m - picture 6
  • Hotel in Gottingen, Germany, 900 sq.m - picture 7
  • Hotel in Gottingen, Germany, 900 sq.m - picture 8
  • Hotel in Gottingen, Germany, 900 sq.m - picture 9
  • Hotel in Gottingen, Germany, 900 sq.m - picture 10
  • Hotel in Gottingen, Germany, 900 sq.m - picture 11
  • Property ID on Prian.info: 3876689
    Property ID on company's website: 17765
    Last update: 12.03.2024
    Number of views: 865

470 000 €

Hotel in Gottingen, Germany, 900 sq.m

900 sq.m 10% per year
Online Viewing Remote Transaction

  • On the map
  • Property ID on Prian.info: 3876689
    Property ID on company's website: 17765
    Last update: 12.03.2024
    Number of views: 865

Specifications

Sale price 470 000 €
Price per square meter 522.22 €
Floor area 900 sq.m
Construction phase Resale
Date of construction 1961
Number of storeys 3
Parking 15 places
Address Germany, Gottingen
Location in the mountains

Additional services

  • Online viewing is available
  • Opportunity of a remote transaction

Finance

Profitability
Annual return 10 %

Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100%


Description

For sale a ready-made business hotel in good condition.
The hotel has 17 rooms, 15 parking spaces, a restaurant and 3 garages.
The guest terrace of the restaurant has about 40 seats.

The restaurant area is 85m2
Parking plus land under the building 1202 m2
The plot behind the building is 2587 m2

Year of construction: 1961

Partial renovation is required: 7 rooms and a restaurant room.

The building is well maintained.

The heating system (central, gas) has been updated

The building has a passenger elevator from the basement to all floors.

In the annex with a separate entrance there is an apartment of the owner, with an area of about 85 m2

The hotel is located on the territory of the Harz National Park, in a very beautiful location, on a hillside facing south, with beautiful views of the Harz Mountains.
A popular cycling and hiking route passes by the hotel.

The hotel has a lot of regular guests, it is widely known among vacationers.

The hotel is open all year round.
There are a lot of bookings for 2024.

The hotel has significant potential to increase revenue.
Now the hotel generates about 10% of the cost. This figure can be doubled.

The main advantages of the hotel in terms of doing business:

  1. The hotel is located in an attractive location - directly in the Harz National Park.
  2. The demand for hotel services all year round: not only from tourists, but also from local employees of large companies.
  3. Low competition among hotels in the city.
  4. A significant volume of bookings for the current year and next year.
  5. Significant development potential.


The commission for the buyer is +4.76% of the cost of the object.
Detailed information about the hotel is available upon request.


Contact seller

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Representative

Antonin
personal manager
Languages: english, german
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Seller
Antonin personal manager

DEM GROUP GmbH

Languages: english, german
Contact seller