Real Estate for Sale: Th ringen, Germany, 4/5 Star Wellness Hotel for sale in Germany 13000m² - south of Hannover

Asking Price: $295,000
Location: south of Hannover
City: Ilfeld
State/Province: Th ringen
Country: Germany
Type: Business

4/5 Star Hotel project for sale
Why is this project ideal for you?
1. The property is beautifully located in the Harz, the biggest national park in Germany and one of the most well-developed and most visited walking regions in Europe.
2. The national Park ‘Harz’ is very attractive in all 4 seasons, due to its very attractive and diverse landscape, flora, water and winter sports.
3. Close to important big cities such as Hannover, Kassel, Göttingen
4. The property borders both the river ‘Behre’ and Europe’s longest railroad track of the historical steam train. The property offers direct access to the train station.
5. The healing water spring of Ilfeld is available if combined hotel/spa, wellness is to be realised on this property.
6. German authorities recognize this area as tourism and recreation ‘TOP Location’. For this project, 22% subsidy of the total construction cost is feasible.
7. The property is very attractively priced at euro 295,000.00.
General Information:
Investment project in Ilfeld, Germany. A historical Royal Convent School dating from……… Around 13000 m², includes six big buildings counting for over 3000m ². The property is situated in a top central location right beside the church of Ilfeld. The area is recognized by the German authorities as tourism and recreation ‘TOP location’. For a 4 or five star hotel on this location, a subsidy of 22% of the total construction costs is available.
The buildings are to be developed into, and can serve as, accommodation rooms, wellness, spa, physiotherapy practice, health treatment, sauna, mansion, house, gastronomy and restaurant, fast-food chains, riding school, stables etc.
Surrounding:
Ilfeld is situated at the south east of the famous National Park Harz. Breathtaking mountains, valleys, brooks are all over. Walking routes of 8000km and bicycle routes are largely present in the area. Ilfeld is at the point of three federal German states; Thüringen, Niedersachsen und Sachsen Anhalt.
Characteristic:
Monumental, with great tax advantages for investors. This object is offered on the basis of long lease, which means you own the buildings and pay rent for using the ground. The annual costs are only Euro 7,500.00