Hotel in city Riesa
2052.00 sq.m., 34 bedrooms

€ 610 000

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The payback parameters

Projected gross yield of 5.2 % per annum.

Financing is available at interest rate of 1.5-3.0 %

Description

For sale built in 1870 the hotel in Rize. The total area of the plot 1290 m2, located on 3 floors. In addition, 3 car garage, another storage room and a small hotel area belong to this property.

First floor:

The ground floor has 2 entrances and exit. Dining area of 62 m2 offers enough space for Breakfast or dinner in style buffet. There are 2 separate kitchen of 35 m2 and 43 m2. At the entrance area of about 48,5 m2 currently there is a large reception where you can receive its guests. In addition to office, through the corridor of the hotel you can get to the toilet for staff and 7 hotel rooms of various sizes.

Features

Potential increases in profitability 2,0 - 3,00 %

Long-term contracts



Location

The hotel was built in 1870 and is located approximately 250 metres from the railway station of Riesa with direct connections to Dresden, Leipzig and Berlin, so it can be considered the Central region.
The robe of Christ is the Central town in the Saxon district meißen and is associated with major international sporting events, so it is also called "sports city."



Associated costs

Notary fee of 1.5–2.0 %.

Tax on acquisition of real estate of 3.5 %.

Representative Commission is 2.5 %* (1.0% to the signing of the contract of purchase and sale a 1.5% after)


In case you are interested in this and the other proposed to review us objects You can leave us a request. Employees of the company CM REAL ESTATE will contact You shortly and provide to Your attention the objects that match Your request.

For privacy reasons, and in accordance with the terms of the owner object photos will not be posted. All additional information on objects off market on request.After signing with us the preliminary agreement, you can get more information on this project, including documentation and real photos of the object.

The Object number in the database (ID): 20

Seller information

Seller type Agency
Company CM-REAL ESTATE

Location of the property on the map

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