Property for sale in libatse

8/17/2006 - Amity Estates OU

libatse Parnumaa Estonia Commercial for sale, with 11 bedrooms and 11 bathrooms only 949,000 EUR . Size of Commercial is 1,430 sq m this listing by Amity Estates OU on 17 August 2006. Quote ref. WILDENAU. Front view Bar/restaurant Main bar Function room bar Bedroom Kitchen

Commercial in libatse Parnumaa, Estonia

Property in Parnumaa | Property in Estonia | Back

Bedrooms: 11

Bathrooms: 11

Size: 1,430 sq m

Price: 949,000 EUR

(EUROS) € 949,000
(GBP) £ 755,024
(US) $ 1,402,622

Finance this property from 2823.27 EUR (€ 2823.27/ £ 2246.2/ $ 4172.8) per month - see our Estonia mortgages info

Commercial Description

Business open all year

16 rooms

2 bars

300 person capacity hall

This medium-sized hotel is in an attractive location with good access to Parnu and Tallinn, there is scope to build up the trade in Estonia's growing tourist market.

This property gives a rare chance to buy into Estonian tourism, one of the country’s main industries.

The hotel is situated a few hundred metres from the main road between Tallinn (90 km) and Parnu (35 km), in a small community set among trees.
The rooms are furnished and decorated to Western standards, while the wood panelled public areas are in a more traditional style.

In summary, the hotel has the following;

16 en-suite rooms, 10 twin, 6 single .
Bar/Restaurant with 50 covers.
Further bar 25 seats, with large hall up to 300 person capacity.
Pool room.
Sauna.
Spacious reception area.
Outside terrace for dining, BBQ’s etc.
Ample parking outside front door.
Year-round trade.
22 000 sqm plot.

The hotel is offered as a going concern.

Amity Estates OU
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Estonia Mortgages: Example for REF WILDENAU

( Commercial in libatse Parnumaa, Estonia )

Interest only mortgage

Example APR = 5.1 %
Example Mortgage Term = 30 years
30% Deposit = 284,700 EUR
70 % Financed = 664,300 EUR
Monthly mortgage repayment = 2823.27 EUR (€ 2823.27/ £ 2246.2/ $ 4172.8)

Capital repayment mortgage:

Example APR = 5.1 %
Example Mortgage Term = 30 years
30% Deposit = 284,700 EUR
70 % Financed = 664,300 EUR
Monthly mortgage repayment = 3606.82 EUR (€ 3606.82/ £ 2869.59/ $ 5330.88)

Correct as at Saturday, October 11, 2008