Hotel in the big city in Slovenia, Maribor, 600 sq.m. For Sale

Maribor, Slovenia
1 000 000 €
1 670 € / sq.m.
Hotel in the big city in Slovenia, Maribor, 600 sq.m.
Hotel in the big city in Slovenia, Maribor, 600 sq.m.
Hotel in the big city in Slovenia, Maribor, 600 sq.m.
Hotel in the big city in Slovenia, Maribor, 600 sq.m.
Hotel in the big city in Slovenia, Maribor, 600 sq.m.
Hotel in the big city in Slovenia, Maribor, 600 sq.m.
Hotel in the big city in Slovenia, Maribor, 600 sq.m.
Hotel in the big city in Slovenia, Maribor, 600 sq.m.
Hotel in the big city in Slovenia, Maribor, 600 sq.m.
Hotel in the big city in Slovenia, Maribor, 600 sq.m.
Hotel in the big city in Slovenia, Maribor, 600 sq.m.
Hotel in the big city in Slovenia, Maribor, 600 sq.m.
  • Area: 600 sq.m.

Description

HOTEL «OCEAN» 4* SUPERIOR

MARIBOR, PODRAVSKA, SLOVENIA

AREA SIZE: 601,62 m2

PRICE: 1 000 000

MORTGAGE : appr. 2,5% a year from The Bank of Slovenia

PROFITABILITY: 8% per year\ 12,5 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 2,5% a year.

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Details

  • Location types: in the big city

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