ROOM TYPE: HOTEL

Luxury Hotel in Maribor - 4 * SUPERIOR

LOCATION : MARIBOR

AREA OF THE ROOM: 601. 62 m2

PROFITABILITY OF THE HOTEL : 8% per year \ 12,5 years

COST : 1 000 000 € + VAT

YIELD : 80,000 € per year \ 6 670 € per month

MORTGAGE : from 2. 5% per year

HOTEL LOCATION:

Downtown Maribor, very close to the bus station and the main railway station.

HOTEL DESCRIPTION:

The building in which the hotel is located was built in 1950.
The building was fully adapted in 2008 (facade, wiring, roof + windows).
The hotel consists of 4 floors.
The total number of rooms is 23 (50 beds).
New kitchen and a small cozy restaurant.
All rooms of the same rank, as well as some rooms have a Jacuzzi.
The monthly cost of maintaining the building is 1,500 EUR.
The hotel has a land plot of 268 m2.
It is possible to take the hotel to the management.

REPAIR : The room was completely renovated in 2008.

TENANT / TERMS OF LEASE : The hotel can be redeemed on condition that a management company or a tenant is found.

EXPERT EVALUATION : The hotel is located in the city center. This is one of the few quality 4 star hotels. In the case of proper management and attracting customers - a fairly good payback. In case of interest, it is possible to arrange a meeting with a potential tenant company.

NOTE!

Calculation of the project's payback is made on the basis of minimum lease payments. Also, we do not take into account the potential discount on the purchase for a real buyer.

By the way, this object can be bought in a mortgage from 2. 5% per year.