Luxury hotel in Düsseldorf.The object includes:
Financial performance
The absolute annual income is €8,235,106.
The current yield is 3.29 %.
Renter
The hotel was leased until 2040.
Transaction costs
Notary (state registration) – 1.5-2 %.
Real estate transfer tax – 6.5 %.
Broker commission – 5 % + VAT 19 % (total 5.95 %).
Location
The hotel is located in the center of Düsseldorf.
Düsseldorf is the administrative center of the state of North Rhine-Westphalia. The city's population is over 610,000 people. By 2030, the city's population is expected to grow to 645,600 people.
Due to its location in the center of the largest metropolitan region, the presence of Germany's third largest international airport and the exhibition center, Düsseldorf is one of the most economically developed cities in the Rhine-Ruhr area.
The headquarters of many large companies are here, including E.ON, Henkel Group, Vodafon Deutschland Metro AG, Rheinmetall, Degussa, NRW. Bank, WestLB, E-Plus. Daimler produces Mercedes-Benz Sprinter in Düsseldorf, Volkswagen AG produces VW Crafter.
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