Hostel for sale with license. The six-storey building with an area of 900 m2, land area 180 m2. Year built 1900. Necessary repairs, reconstruction project. There is an opportunity to acquire the hotel after the renovation, turnkey condition, cost $ 3 700 000 euros. The building is located in the heart of the city with nearby attractions and main tourist routes. Here are concentrated the main area for shopping, the best restaurants, bars, entertainment and much more.
There is the opportunity to buy a hostel with a contract of lease for 20 years - margin of 7%.
The average amount of rent for 20 years will amount to 247 350 euros per year.
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