Hotel

Karlovy Vary, Karlovy Vary, Krále Jiřího

Unique hotel in a quiet residential area of "Westend" in Karlovy Vary from the 19th century, just a few steps from the center, shops and restaurants.

Property description:
- last reconstruction was in 2017
- detox hotel
- a historical villa surrounded by forests in a quiet part of the city
- parking
- 24/7 reception
- 18 rooms
- restaurant
- wellness, fitness & spa
- therapeutic procedures

Location:
- 7 minutes from the center
- a quiet part of Karlovy Vary, known as "Westend" (the most prestigious part of the town)
- parks and forests nearby
- Karlovy Vary airport is 4km away

Key investment highlights
- price EUR 3.9.000.000 (including the loan EUR 1.400.000)
- average occupancy for 2018 is 54%
- annual turnover CZK 17.917.320
- share deal