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Hotel Complex On The Banks Of Lake..Hotel Complex On The Banks Of Lake.. - 2

Hotel Complex On The Banks Of Lake..

Location Europe › Latvia Date Added: 05.04.2017 at 23:19 Expiration Date: 17.02.2031 at 11:23 Page Views: 143 Listing ID 539780

Technical data

Purpose
Sale
Living space
741 m²
Bedrooms
8
Bathrooms
8

Description

We offer for sale a Guest house complex 'Europe', which is located in a quiet and exclusive location next to

lake and river just 30 min drive from Riga center. It consists of 4 guest houses and a

club house with fish restaurant and 4 rooms. Guest house complex has stable

income from both local and foreign tourists mainly during summer season. Complex

offers various water related activities.

The main hotel building has 4 rooms, restaurant and kitchen. Also on the lakeside there are 4 two-storey houses, each with bathroom, shower, kitchen, each can accommodate 4 people.

The main income: renting houses and rooms in short-term or long-term lease, a restaurant (with a unique fish cuisine), a variety of events from weddings, seminars, and memorial services in winter time, renting out boats.

Total area of buildings: 741, 9 m2 (673, 94 € / m2)

Club house: 501, 10 m2 (4 rooms each around 25, 00 m2)

Guest houses: 240, 80 m2 (4 houses each with 60, 20 m2)

Total area of land plot: 3 300 m2

Additional land plot of 8 512 m2 is rented till 2025 for 1 000 € / year

(optional for acquisition from government for € 207 000)

Yearly income: around € 100 000, 00NOI: around €50 000, 00 (10, 0%rentability)!

* Balcony / Terrace
* Internet
* Parking
* Sauna
* Security
* TV

Equipment and extras +

Loan Calculator +

Monthly Payment

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