Investment opportunity: An established city centre hotel with significant potential for expansion in the west of Vienna
Key data
| Address | 1140 Vienna |
|---|---|
| Orientation | N |
| Type of use | For sale |
| Condition | Well kept |
| Property number | 22795 |
Costs
| Land register entry | 1.10 % |
|---|---|
| Property transfer tax | 3.50 % |
| Commission | 3% of the purchase price plus 20% VAT. |
Spaces
| Living space | 1,238 m² |
|---|---|
| Usable floor space | 1,238 m² |
Furnishings
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Description of property
An established city centre hotel in Vienna is being offered for sale as part of a discreet marketing campaign. The property combines an ongoing, financially successful accommodation business with an extension that is already under way, thereby offering an attractive opportunity for investors and operators.
The hotel currently has around 50 beds and enjoys consistently high occupancy rates. As part of an expansion of the premises currently underway, a significant increase in accommodation capacity is planned. The current plans envisage not only additional hotel rooms but also the addition of apartments to the offering. The business description confirms the expansion of the existing hotel operations.
The well-established business has the necessary hotel infrastructure and is set to undergo further organisational optimisation as part of the expansion. Among other things, plans include increased digitalisation of processes and a more efficient reception concept.
Attractive operational performance
With a recent occupancy rate of around 78% to 86%, the business has a very strong operational foundation.
In addition to its existing profitability, the planned expansion of accommodation capacity in particular offers interesting future potential for revenue growth and optimisation.
Established Vienna hotel location
The property is situated in a well-established Viennese neighbourhood and combines a peaceful setting with easy access to city centre destinations.
Tourist attractions and public transport links are within easy reach. As a result, the location appeals to a diverse range of guests – from traditional city tourists and business travellers to families and guests staying for longer periods.
The combination of ongoing hotel operations, high occupancy rates, existing profitability and additional development potential makes the property an attractive investment opportunity in the Viennese accommodation market.
Investment Highlights
- Established, ongoing hotel operation in Vienna
- Approximately 50 beds in the portfolio
- High occupancy rate of approx. 78–86%
- Expansion of the premises currently underway
- Significant increase in accommodation capacity planned
- Expansion of the offering to include additional rooms and apartments
- Potential for further growth in turnover and profits
- Good accessibility and an attractive tourist environment
- Purchase price on enquiry
Discreet marketing:
For reasons of confidentiality, the exact location, property address and further details regarding the hotel’s operations will not be made public. We are happy to provide qualified prospective buyers with detailed information on the property, key operating figures and the planned expansion upon request.
Additional costs
For the sake of clarity, we note that, unless otherwise stated in the offer, a commission will be payable upon successful completion, in accordance with the rates set out in the Estate Agents’ Ordinance (BGBI. 262 and 297/1996 – that is, 3 per cent of the purchase price plus 20 per cent VAT, or 2 months’ gross rent plus 20 per cent VAT. This obligation to pay commission also applies if you pass on the information provided to you to third parties.
All details provided to you herewith have been disclosed to us by the vendor. We cannot guarantee their accuracy or completeness.
Note in accordance with the Energy Performance Certificate (EPC) Presentation Act: An energy performance certificate has not yet been provided by the owner or seller, despite our having informed them of the generally applicable obligation to present one and having requested its preparation. Therefore, it is deemed to have been agreed that the overall energy efficiency corresponds at least to that appropriate for the age and type of the building. We accept no warranty or liability whatsoever for the actual energy efficiency of the property on offer.
We would like to point out that there is a close family or business relationship between the estate agent and the third party for whom the property is being marketed.
The estate agent is acting as a dual agent.
This text has been translated automatically. No liability is assumed for the accuracy and completeness of the translation. Changes and typographical errors reserved.
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Your inquiry relates to the following property: 1140 Vienna
Information on commission fees: For the sake of good order, we note that a commission must be paid to 3SI Makler GmbH in the case of a successful transaction in the amount previously specified. The amount of commission is consistent with the provisions of the current Ordinance of the Federal Minister for Economic Affairs on the Professional Ethics and Rules of Practice for Real Estate Agents. The obligation to pay the commission shall also exist if you pass on the information provided to you to third parties. Finally, we would like to point out that we are acting as dual brokers and that there is a close familial or economic relationship between 3SI Makler GmbH and the seller.