Hotel in city Maribor
600.00 sq.m.

€ 1 000 000
HOTEL «OCEAN» 4* SUPERIOR
MARIBOR, PODRAVSKA, SLOVENIA

AREA SIZE: 601,62 m2

PRICE: 1 000 000 €

MORTGAGE : appr. 3% a year from The Bank of Slovenia

PROFITABILITY: 8% per year\ 12 years

PROFITABLENESS: 80 000 € per year\ 6 670 € per month

SITUATION: Hotel «Ocean» is situated in a center of Maribor, in proximity there are bus and train stations.

DESCRIPTION:

The building was built in 1950. It was fully renovated in 2008 (facade, wiring, roof + windows)
The hotel consists of 4 floors
Total number of rooms – 23 (50 beds)
New kitchen and a small restaurant
All the rooms are of the same rank, and some rooms have Jacuzzi
Monthly maintenance costs of the building – 1 500 EURO
The hotel has a land area of 268 m2

MAINTENANCE: no repairs is needed.

TENANT / LEASE TERMS: the property can be redeemed on the condition of searching management company or the tenant.

EXPERT EVALUATION: this hotel is in the center of the city. This is one of the few quality 4 star hotels. In the case of correct management and customer engagement – you can expect a pretty good pay back. In case of interest we can arrange a meeting with a potential company–tenant.

PLEASE NOTE!

The calculation of the project recoupment is made on the basis of the minimum lease computation. Also, we do not take into consideration the potential discount for a real buyer.

By the way, you can buy this property in mortgage from 3% a year.

Seller information

Seller type Agency
Company FUTURE REALESTATE

Location of the property on the map

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