Verified listing
Share:

Vacant hotel in Vienna

Vienna, AustriaUnlock address

82%

€4.300.000

Hotels & Resorts

#16121

Value-Add

25 Feb 2024

Property Details

Broker

Deactivated

5.50 %

44

97,727

Freehold

Parking spaces 10

X

Fees

0.00 %

3.50 %

3.00 %

0.50 %

Investment Overview

Vacant hotel for sale (former hostel). The vacant former hostel has a gross floor area of around 1,300 m² above ground and around 450 m² below ground on 8 levels (basement, ground floor, 6 upper floors). The building is accessed via a modern elevator and a staircase. The property has all accommodation permits and is a 3-minute walk from the U1 station Keplerplatz; here, the U1 takes guests to Stephanplatz in around 10 minutes. There are currently 44 rooms, a garage with 10 parking spaces and a large ground floor area with reception, lounge and garden on the property. The building services are also located in the basement. A selective operator approach took place at the end of 2022 - offers from 2 creditworthy serviced apartment providers are available. GFA 1.750 m2.