Modern Hotel in top location of Munich

for sale

This 4 star business hotel open in the near the city centre in the southern part of Munich. A huge number of big enterprises like Siemens, Mc Donalds, Continental assurances etc. are in the immediate surrounding. The south city part of Munich disposes of only few modern business hotels, so that one may calculate a very high utilisation.

The hotel consists of a restaurant, a lobby bar, 150 high-quality rooms in a modern and bright design and comfortably equipped. All rooms are air-conditioned with the newest and power-saving technology. This modern equipment is also reflected in flat panel display, DSL connection, minibar as well as a design bathroom with milk glass walls, under-floor heating and marble washstands again.

Surroundings:

The hotel offers enough park possibilities directly in the underground parking and disposes of very good binding by car as well as by underground (approx. 200 m) to the city-centre. The Munich city centre is slightly accessible within approx. 15 minutes.

Operator:

The hotel is leased in the long term for 20 years to an international hotel chain. The lease is guaranteed by securities of the parent company.

Return of Investment.: 6,8 % guaranteed

Munich is the capital and the largest city of the German state of Bavaria. It is located on the River Isar north of the Bavarian Alps. Munich is the third largest city in Germany, behind Berlin and Hamburg. About 1.42 million people live within the city limits. Munich was the host city of the 1972 Summer Olympics. Its inhabitants are sometimes called Munichers in English.

Munich is a major European cultural centre and has played host to many prominent composers including Orlando di Lasso, W.A. Mozart, Carl Maria von Weber, Richard Wagner, Gustav Mahler, Richard Strauss, Max Reger and Carl Orff. With the Munich Biennale founded by Hans Werner Henze, and the A*DEvantgarde festival, the city still contributes to modern music theatre.

Munich is a green city with numerous parks. The Englischer Garten, close to the city centre and covering an area of 3.7 km² (larger than Central Park in New York), is one of the world largest urban public parks, and contains a nudist area, jogging tracks and bridle-paths. It was designed and laid out by Benjamin Thompson, Count of Rumford, for both pleasure and as a work area for the city vagrants and homeless. Nowadays it is entirely a park with a Biergarten at the Chinese Pagoda.

Nearest Airport: Munich Airport ~ 38 km (approx. 31 min.)

Agency commission - 3,6% (incl. 20% VAT) of the purchase price