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Commercial Property for Sale: 940m² in Batumi, Zurab Gorgiladze St, 118-120 – $550 000

Batumi, Downtown
‍‍1 550 686 ₾
‍1 649 ₾ per m2
$
940 m2
total area
area
25 floor
out of 25
out of 25
Feature of the layout
Layout
Commercial property, free layout
Developer
Developer
Listed
Listed
20 February 2024
Updated
Updated
10 December 2024

Description from the seller

An operating hotel with a restaurant is for sale, a ready-made business for investment, located in the heart of the central district of Batumi. The total area of the hotel is 940 square meters and includes: The hotel has an area of 250 square meters and includes 6 ready-made rooms for rent. Each room has a shower and toilet, a work area (which is important in the current environment, when most people work remotely), a balcony, air conditioning, a wardrobe, and beds. If you wish, you can update repairs, furniture and household appliances. The restaurant has an area of 250 square meters — fully equipped with all suitable equipment to maintain an active restaurant business. The total area of the terrace is 440 square meters and can be converted into an additional resting place for restaurant visitors and hotel guests. In warm weather, all vacationers can enjoy panoramic views of the sea and the old boulevard, a cozy atmosphere reigns throughout the hotel; in the evenings, guests play board games, poker, and smoke hookah. The hotel is located in one of the central districts of Batumi, the distance to the public beach is about 200 meters. The main advantages of this part of the city are the proximity of not only entertainment, but also all the necessary social infrastructure. In the immediate radius of the new building, there is a large selection of establishments offering services in various fields. You can shop near your home in Black Sea Mall supermarkets. A big advantage is the proximity of medical institutions - Batumi Hospital Clinic, Referral hospital. Just next door are the main attractions of Batumi - the Black Sea Gate and the Dancing Fountains. Nearby entertainment venues include the Dynamo Central Stadium, the Old Boulevard with walking areas, recreation and leisure facilities. There are plenty of cafés and fast food restaurants in the immediate vicinity. Why is buying a property by the sea in Georgia the right decision and why is it better to do it in Batumi? Batumi is the best place to live and relax by the sea in a “green zone” with notes of a European resort town, and Palm Island, which is being built nearby, like Dubai, makes this location even more attractive in the near future. The central district allows guests to enjoy their vacation in one of the most prestigious areas of the city, at the same time all the necessary infrastructure (shops, pharmacies, cafes). For more information, please contact us in more detail about this gorgeous project. Price $550,000

Building location

Mortgage for buying real estate

Please note that all calculations provided are approximate. For the final figures, we recommend consulting with both the bank and the seller
GEL
USD
You borrow ‍1 318 083 ₾ from the bank
years
months
Mortgage from TBC Bank
14,5
%
annual interest
rate
118 657
payment for
month
16,97
%
effective interested rate that linked to a public
index
1 656 487
total for real
estate

Contact seller

Niko
Niko
Realtor of the agency Nko
Realtor of the agency Nko
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