A four-star hotel.
Description
The hotel room capacity: 143 rooms.
Financial performance
Absolute annual income is 522,000 €.
The current yield is 5.6%.
Transaction costs
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 5%.
Location and nearby infrastructure
The property is located in Magdeburg, the capital of Sachsen-Anhalt.