This Spa hotel is located in the improving resort of Grafenvizen in the Bavarian forest and has 56 numbers. The area of hotel is 2000 sq.m. From hotel the panoramic view of Mount Hoer Bogen opens.
The hotel is leased, revenue is 55.000 euros. All expenses on operation of hotel, are born by the tenant. Profitability in year – 5%, payback (without mortgage) – 20 years.
Guests can visit day spa with 3 saunas, massage office and beauty shop and also to have a rest in spacious garden with site for suntan.
All numbers and luxury of hotel are issued in individual style and have own balcony or terrace, the TV and the modern bathroom.
Sights
In addition, the city represents fine opportunities for walks in the woods, trips to excursions, etc.
Expenses according to the transaction which are not included in sale cost:
Commission of agents: 3% + VAT (€39,270)
Tax upon purchase: 3.5%
Notarial services: 1%
Other expenses: 0.5%
PRICE: 1,100,000 euros
With expenses on acquisition: 1,191,850 euros