This hotel, currently undergoing renovation, features 100 rooms/200 beds and 50 parking spaces on its own property. It is centrally located in Hamburg-Wandsbek with excellent public transport connections. The planned completion date is March/April 2026. An experienced tenant is sought based on a minimum rent of €1,100 per room per month, resulting in a monthly lease including parking spaces of €110,000 or €1,320,000 per year. A minimum lease term of 15 years and appropriate creditworthiness are required. Alternatively, the hotel is also available for purchase for €20 million. The total usable area is approximately 3,375 m², of which approximately 2,280 m² comprises the 100 rooms including bathrooms, and approximately 215 m² is dedicated to the reception and breakfast room on the ground floor. The average size of the double rooms is approximately 25 m². The permit to use the former office building as a hotel has been granted, and all six floors are currently being renovated. The technology of the two elevators was already modernized in 2024, and the heating system was converted to a modern air-source heat pump last year. On floors 1 through 5, the drywall work is largely complete, and the bathrooms are currently being installed. The plan is to fully complete the building as a hotel, but the owner will not be furnishing it. Quotes for the furnishings and complete outfitting of the property have already been received from a German hotel outfitter. Hamburg, a tourist metropolis: With approximately 1.8 million inhabitants, the Hanseatic city of Hamburg is Germany's second-largest city after Berlin. In 2020, there were 14.5 million overnight stays in Hamburg's approximately 400 accommodation establishments. Tourism in Hamburg has experienced almost consistently positive growth since the 1980s. The pandemic led to significant losses, but the tourism market in Hamburg has recovered and appears even more attractive than before.