4-room apartment for sale in Gudauri, New Gudauri Resort Residence — 136 m² for $184,000

Duplex apartment for sale (shell & core) in Gudauri 🏔️ 📍 Four Seasons 1, Block 🏢 5th floor 📐 Area — 136 m² A spacious duplex apartment in shell & core condition with excellent potential to create a large family residence or a high-income rental property. Layout potential: ✔️ first floor — a spacious open-plan living room with kitchen and fireplace, a bathroom, and additional bedrooms; ✔️ second floor — bedrooms and a bathroom; ✔️ up to five separate bedrooms in total. 💰 Price — $184,000 💵 Price per m² — approximately $1,353 The estimated renovation cost is approximately $800 per m², or around $108,800. The estimated total investment (purchase + renovation) is approximately $292,800. 📈 Investment potential The high season lasts approximately four months, from December 15 to April 15 (around 120 days). A five-bedroom apartment of this size can typically be rented for $350–500 per night. Potential gross seasonal revenue at full occupancy: • $42,000 at $350/night • $60,000 at $500/night With an average occupancy rate of 95%, the estimated seasonal income is: • from $39,900 • up to $57,000 The estimated gross return on the total investment (purchase plus renovation) is approximately 13.6–19.5% during one winter season. The calculation is provided before management fees, utilities, cleaning, booking platform commissions, and taxes. An excellent choice for a large family, a group of friends, or as a unique high-value rental property. 📞 Contact us for the floor plan, video tour, or to schedule a viewing.