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Two hotels for sale

Two hotels for sale

With the hotels “Am Berg Oybin” and “Zur alten Toboggan Run”, two long-established properties are for sale – for different reasons. But the Eckartsberger country hotel “Goldene Höhe” is also still available. What happens next in the three cases?

Oybin/Eckartsberg. Conrad Siebert is a committed man. Not only does the man in his early forties sit on the local council, he has also been running the “Am Berg Oybin” hotel for many years. Now, however, we will get rid of it as quickly as possible. It has been available for sale on relevant real estate portals since the end of September. Cost for possible interested parties: 890,000 euros. But there is also a lot on offer: 806 square meters of restaurant space, 15 double and four single rooms, as well as all the amenities that guests expect today. But why the decision to get rid of it all?

“The house was completely renovated in 1996 and is now slowly being renovated again,” explains the owner. He and his wife would have liked to devote themselves to this task, but the Sieberts gave up because of excessive bureaucracy. To understand this, you have to know the whole story. “We wanted to really get started and invest around 2.2 million euros.” Expand capacity and modernize the entire property. We had set ourselves the goal of four-star standards and rooms suitable for disabled people.” However, nothing came of this. It took the district a whopping 19 months to get the building permit, peppered with additional demands and additions – also because of a neighbor who couldn’t get used to the investment. Full of disappointment and with a smug undertone, the Oybin hotelier calls the district office “Mr. Meyer’s enabling authority”. The district administrator has repeatedly emphasized in the past that investments must be made possible through quick action by the authorities. “Unfortunately we didn’t notice anything about it.”

The hotel "On Mount Oybin" is one of the long-established accommodation providers in Oybin. Anyone interested can buy it for a six-figure sum.

The hotel “Am Berg Oybin” is one of the oldest accommodation providers in Oybin. Anyone interested can buy it for a six-figure sum.

When the okay from Görlitz was finally on the table, the general conditions were no longer right. “Between 2021 and 2023, construction prices and interest rates rose so much that we have to add half a million more.” In return, the funding rate in the selected program fell from 45 to 35 percent. “None of that happened anymore,” is how Siebert sums up the past few years. The conclusion he and his wife came to: Sell! “We’re still relatively young now, but we don’t want to keep chasing forever until this project is implemented.” Given the current circumstances, we wouldn’t tackle it anyway.”