City Hotel in Vienna in premium top A1 location

for sale

A lovely city hotel in the central part of Vienna, in a great location. The unique location of the hotel allows you to have the A1 high capacity and good occupancy.

Occupancy: more than 75 %
Turn over: about € 1.200.000.- net
Profit / ROI: more than 10 % per year possible

Neubau is the seventh district of Vienna (German: 7. Bezirk). It is located near the center of Vienna and was established as a district in 1850, but borders changed later. Neubau is a heavily populated urban area, with a major shopping area and residential buildings. It has a population of 30,309 people (as of 2013-01-01) within an area of 1.61 km² (0.62 sq.mi.).

It consists of the former Vorstädte of Neubau, Altlerchenfeld, St. Ulrich, Schottenfeld and Spittelberg. The district borders are formed by Lerchenfelder Straße in the north, Mariahilfer Straße in the south, Neubaugürtel in the west, and Museumstraße and Museumsplatz in the east.

In the 18th century, Neubau was the location of the city`s silk factories. At this time, the area became densely populated. Today, it is an important shopping district, especially in the Mariahilfer Straße and Neubaugasse. Many pubs, popular among the district`s large student population, are located in the Spittelberg neighborhood. The Volkstheater Wien, one of Vienna`s large mainstream theatres, and the Austrian Ministry of Justice are located in Neubau, as well as the Museumsquartier, a centre dedicated to modern art, housing for example the Leopold Collection.

Nearest Airport: Vienna International Airport ~ 22,1km (about 24 min)

Agency commission - 3,6% (incl. 20% VAT) of the purchase price