Hotel in city Munich
16334.00 sq.m., 257 bedrooms

€ 40 000 000
For sale 4 * hotel with a stable operator in Munich!

The four-star hotel is located in the south of the center of Munich, in a busy business center, convenient location for both business people and travelers who want to visit not only Munich, but also the picturesque mountains and Bavarian lakes.
The headquarters of such large companies as Develey, SportScheck and Wrigley Company settled here.
Also here are Infineon, Mondelez, Airbus, Bayrische Hausbau, Unifarco and other companies.
Excellent visibility and accessibility of the object: direct access to the A8 (Munich-Salzburg) and A995 motorways is provided.
Also close to the hotel is the S3 overground metro line.

The hotel is in excellent condition, including thanks to a major overhaul, carried out in 2017.
The real owner invested about 4.8 million euros in the repair of the object.

The hotel operator is part of IHG - one of the leading international hotel corporations.
Thus, the owner is provided with a stable and guaranteed profitability.
Lease agreement until 12/31/2024
The hotel operator is open for negotiations on the renewal and renewal of the contract.

The hotel includes:
257 modern rooms and suites, an elegant restaurant with a modern bar, a rooftop terrace, an additional restaurant,
a cafe, a fitness center and a sauna, as well as 27 state-of-the-art conference rooms with a capacity of up to 600 participants.
There is an underground parking for 120 places.

Built Hotel in 1994
Property Area: 16.334 m2
Land area: 10.801 m2
Monthly rent: 175.000 €
Rental income per year: 2.100.000 €
Profitability: 5.25%

The acquisition of an asset is possible with or without an existing lease agreement.

It is also possible to buy a hotel on credit, if there is a capital of 50% of the value of the object.

Seller information

Seller type Agency
Company Barcelona-Dom

Location of the property on the map

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