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Commercial property for sale: 2,400 m² in Batumi, 26 May St, 10 – $3,940,800

26 May St, 10
$‍‍3,940,800
$‍1,642 per m2
$
Hotel
property type
property type
2 400 m2
total area
area
7 floor
out of 7
out of 7
Listed
Listed
11 April 2023
Updated
Updated
14 January 2026

Description from the seller

Newly built, fully furnished and equipped 40-room hotel for sale on 26 May St, Batumi. The hotel is situated in a prime location, just a 5-minute walk from the sea, next to the Sheraton Hotel. The property is in brand-new, unused condition. Area: 2400 sq. m. Spacious rooms can accommodate up to 4 guests. Excellent city center location. 5 minutes to the beach and Europe Square. Surrounded by full infrastructure: city parks with attractions, convenient transport links, restaurants, and casinos. • Renovated in 2022 • Never operated since renovation • Fully equipped for hotel business operations • Ready-to-use restaurant with complete kitchen equipment • SPA area and space for a gym • 170 kW backup power generator • Backup water supply • Numerous utility and storage rooms Please quote the identification number for inquiries: LOT 1533СК

Building location

Batumi, Rustaveli District
, 26 May St, 10

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 $‍3,349,680 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
294 179
monthly payment, a life/property insurance fee is added to the monthly
payment
The provided Nominal and Effect Interest Rates represent the minimum credit facility amount. The actual values will be specified at the time of credit approval. The interest rate given in the table is linked to the public index — Term SOFR.
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