A two-level shell and core apartment is for sale in Gudauri 🏔️
📍 Four Seasons Block 1
🏢 5th floor
📐 Area — 136 m²
This property has great potential for creating a spacious family apartment or a high-yield rental property.
The layout allows for:
✔️ First level — a large kitchen-living room with a fireplace, a bathroom, and additional bedrooms;
✔️ Second level — bedrooms and a bathroom;
✔️ The apartment can accommodate up to 5 separate bedrooms.
💰 Price — $184,000
💵 Price per m² — approx. $1,353
Estimated renovation cost — approx. $800 per m², or roughly $108,800.
The total purchase and renovation budget is approximately $292,800.
📈 Investment Potential
The high season lasts approximately four months — from December 15th to April 15th (around 120 days).
A large five-bedroom apartment can rent for approximately $350–$500 per night.
At full occupancy, the potential gross revenue for the season is:
• $42,000 at $350 per night
• $60,000 at $500 per night
At 95% occupancy, the apartment can generate approximately:
• from $39,900
• up to $57,000 per season
The estimated gross return on the total investment budget is approximately 13.6–19.5% for one winter season.
The figures shown are before management costs, utilities, cleaning, booking platform fees, and taxes.
Ideal for a large family, a group of friends, or as a rare rental option with a high nightly rate.
📞 To receive a floor plan, a video tour, or to arrange a viewing, call or message us