Features:
- 4**** hotel
- City centre location
- Fully managed and operated
- Magnificent interior
- 10% yield on long-term lease
This 18th century 4**** hotel, is located in the heart of Meißen city centre and has been fully refurbished in 2006 to a very high standard. The hotel comprises of 31 single, double and king size rooms and has a total area of 1,851m². The plot of land it is built on has a size of 860m². The meticulous furnishings and design evoke the Victorian times. The hotel features a very large restaurant. The hotel itself is very known in Meißen and across Germany and attracts every year thousands of tourists to stay over and explore this lovely city. Parking facilities are available to all hotel guests in the surrounding area. Shopping facilities and cultural venues such as theatres are located within a short walking distance. This wonderful 4**** hotel is achieving an amazing yield of 10%. Meißen is situated on the steep slopes of the Elbe valley lays the smallest vineyard in Germany where the grapevine ripens, which is used for producing the distinctive Meißen wine. A recent survey report done by an independent surveyor values the property at ' 3,500,000. For further information, please contact properties24 any time. Alternatively you can register free on our website www.properties24.org to receive regular email updates on new properties as well as latest price updates.
Daft Property Shortcode:
www.daft.ie/7814958
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