Hotel for sale near Westbahnhof in Vienna, 5% rentability
Austria, Vienna
Property ID:
CR-WBHBuilding area, m²
11350
Land area, m²
1794
Accommodation units
252
Construction year
1989
Last renovation
2000
Yield
5.0 %
Price
€ 39 000 000
Property Info
Need of renovation
Large parking
Furnished and equipped
Property description
Gorgeous hotel for sale in the area of Wesbahnhof hotel in Vienna.
Hotel has 252 keys, 6 meeting rooms, approx.. 11.350 m² usable area.
It is currently rented by a well-known hotel group with contract until 2026 with 5% p.a return.
Hotel was built in 1989 and renovated in 2000.
There is now a project for further redevelopment.
High possibilities in return with hotel groups already interested paying 800+ EUR per key
Agency/brokerage agreement is signed prior to visiting all the properties. Commission depends upon particular country and region.
It is also necessary to submit presentation of your company and official Letter of Intent (LOI) for due diligence procedure.
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