OVERVIEW
This investment opportunity involves the conversion of an existing office building into a serviced apartment hotel located in Düsseldorf Stadtmitte, a prime central area with strong business and tourist demand. The project is positioned near major transit hubs and benefits from excellent urban connectivity.
Upon completion, the asset will operate under a long-term lease structure with a reputable operator, providing predictable income and institutional-grade stability.
FINANCIAL OVERVIEW
Land + Existing Building: €12 million
+ Construction/Conversion: ~ €10 million
Total Cost: €22 million
KEY FACTS
Location: Düsseldorf – Stadtmitte, Germany
Property Type: Office-to-hotel conversion
Rooms: 112 rooms / 224 beds
Gross Floor Area: 4,536.41 m²
Rentable Area: approx. 3,458 m²
Total Investment: approx. €22 million
Market Value on Completion: €29–30 million
INCOME & LEASE
Annual Rental Income: €1,477,000
Lease Term: 15 years fixed + 2 × 5-year extensions
Operator: Established hotel operator
ROI / RETURN PROFILE
Return Type: Value-add + long-term income
Strategy: Conversion uplift + contracted lease income
ROI: Driven by value uplift and stabilized rental cashflow (not fixed %)