Best Western Plus Celebrity Suites

Best Western Plus Celebrity Suites Vienna offers an exceptional long-term rental opportunity for aparthotels in Vienna’s hotel market. The property comprises 54 fully equipped apartments and is located in one of Europe’s most stable and internationally recognized urban tourism destinations. The property combines the operational advantages of a serviced-apartment concept with the security of a long-term rental structure.

Demand for long-term accommodation in Vienna remains high, driven by tourism, business travel, relocations and international corporate activities.

The owner is seeking an experienced hotel or serviced-apartment operator for a long-term lease with Austrian inflation indexation.

The property is ideally suited for:

• Serviced-apartment operators
• Long-stay brands
• International hotel groups
• Furnished-living concepts
• Lifestyle aparthotel operators

Key Facts:

• Asset class: Aparthotel / Serviced Apartments
• Location: Vienna, Austria (Leopoldstadt, near the Prater and Danube)
• Capacity: 54 fully equipped apartment units
• Lease structure: Long-term operator lease agreement for 20 years with an additional extension option
• Financial details: Requested base rent of 1.200 EUR per apartment/month, indexed according to the Austrian Consumer Price Index (VPI)
• Security: 6 to 12 months’ deposit, accepted as a bank guarantee
• Operating model: Lease operation

Best Western Plus Celebrity Suites Vienna is a modern apartment hotel accommodating both short- and long-term guests. The operating structure enables efficient management and scalable profitability through:

• Long-term stays by business travelers
• Corporate relocations
• Tourism and leisure
• Accommodation for digital nomads and project travelers
• Long-term stays for medical and academic reasons

The hotel’s apartment structure offers an extremely flexible hotel product with high resilience to market fluctuations compared with pure hotel concepts.

Apartment overview/Apartment type Estimated average size Number

• Studio apartments approx. 25–30 m² Various
• One-bedroom apartments approx. 35–45 m² Various
• Long-stay apartments approx. 45+ m² Various
• Total of 54 apartments
• Fully furnished apartments
• Kitchenette or fitted kitchen
• Private bathroom
• Wi-Fi
• Modern interior
• Cleaning service
• Reception and operating facilities

Deviations from the stated areas within the meaning of the Surveying Ordinance are possible. Errors, changes, typesetting and printing errors excepted.

Rent calculation:

• Net rent: EUR 64.800, -- plus operating costs and 20% VAT.
• Fixed term: 20 years with extension option
• Deposit: 6 to 12 gross monthly rents / bank guarantee
• Brokerage commission 3 BMM = gross monthly rent (total rent including operating costs excluding VAT) plus statutory VAT.

We point out that a family or economic relationship exists between the broker and the third party to be brokered.

The broker acts as a dual agent.