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Hotel for sale in Rimini, Italy, 2100 m²

Hotel for sale in Rimini, Italy, 2100 m² - photo 1
Price€7,500,000
TypeHotel
Covered area2100 m²
Rooms60
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3 STAR HOTEL ON THE PROMENADE OF RIMINI

Puctures are for illustrative purpose only

A 3+ star hotel situated next to the building of Congress and exebition center and promenade in Rinimi is for sale. The are of the buiding is 2 100 sqm. The hotel consists of 60 rooms, a swimming-pool, a restaurant for 150 persons, a parking for 25 cars. The hotel was renovated in 2004.

On the ground floor a meeting room or a fitness center can be equipped.
The hotel works throughout the year.

Extra Сosts when Buying Property

Notary fees, of the declared price 2.5 - 4%
PURCHASES FROM A COMPANY
*dwellings sold within five years of completion of construction or restoration.
Registration fee from €200
Mortgage tax from €200
Cadastral tax from €200
VAT:
- for first-home resident buyers 4%
- for second-home and non-resident buyers 10%
- on luxury homes 22%
IN OTHER CASES
Registry Tax, of the declared value 3-7%
Registration fee from €50
Mortgage tax from €50
Cadastral tax from €50

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Ongoing Ownership Costs

Water supply €15-20 /month
Electricity (in condominium) €0,2-0,3 kw/h
Property tax, on the cadastral value 0,4-0,7%

Additional Services Costs

Real Estate Agent’s Fee 1.5%-4% +22%VAT
Legal fees 1-2%

Return on Investment

Property Price
Rental Cost
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Amina
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