Verified listing
Hotel in Milan

Hotel in Milan

Italy

Hotels & Resorts

€9.000.000

29 Jan 2019

226

Property Details

#226

3041 m²

3750 m²

Freehold

Under management

80

5

3

5.20 %

X

Fees

0.00 %

3.00 %

1.25 %

1.50 %

0.25 %

Investment Overview

Sale price: €9 million Lease: revenue: € 470,000 per year Lease contract: 20 years with option for a further 5 years starting from 30/9/2017 Yield: 5.2% Taxes about € 40,000 charged to the owner Operator: a German group active in economic hospitality with presence in several European countries.

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Market data