Hotel in Duesseldorf, Germany, 980 m²

Germany. Düsseldorf. Guesthouse-hotel in the city center.
In the center of Düsseldorf, 980 m² (land plot 191 m²)
Property ID: 18040
Online viewing Remote purchase
€4,090,000
€4,173/m²
Year built: 1965
Floors: 1-2-3-4-5-6-7-8-9
Total area: 980 m²
Property status: Rented
30 rooms + 3 apartments
Annual income (actual)
€565,000
Commercial building | Düsseldorf
Investment opportunity in a central city location with a short-term rental concept and an attractive yield structure.
Direct from the owner.
️ Key Features
• Built in 1965
• Reinforced concrete floors
• High ceilings: approx. 3.15 m
• Large entrance hall
• Short-term rental concept (Short Stay / Kurzzeitvermietung)
Location:
• Düsseldorf, central city area
Use:
• Commercial building / Guest accommodation (hotel format)
️ Rooms:
• 30 guest rooms with private bathrooms
Additional:
• 3 apartments with kitchen and bathroom
️ Equipment
• New elevator (needs renovation)
• Shared kitchen
• Executive entrance hall
Areas
• Property area: 980 m²
• Land area: 191 m²
• 2 basements:
o approx. 13 m²
o approx. 52 m²
• Ceiling height in almost all rooms: approx. 3.15 m
• Sizes of residential units:
o approx. 23 m²
o approx. 28 m²
o approx. 40 m²
Purchase Price
• Purchase price: €4,090,000
• Renovation and furniture: €950,000
• Total investment: €4,900,000
• Buyer's commission +3.57%, including VAT
Profitability
• Annual income: approx. €565,000
(at 70% occupancy, after deducting operating expenses)
• Additional income during trade fairs (Messe):
o approx. €120,000 per year
• Rental costs:
o Small rooms: €79 / night
o Large rooms: €99 € / night
• Payback period: approximately 8.7 years (according to the seller)
We will sell your apartment or house.
We have a selection of apartments and houses for various budgets, including commercial properties.