Commercial Property for Sale: 700m² in Batumi, Mikhail Lermontov Street, 4 – $1 819 000

Mikhail Lermontov Street, 4
Batumi, Rustaveli District
‍‍4 993 027 ₾
‍7 134 ₾ / m2
GEL
USD
Hotel
purpose
purpose
700 m2
total area
area
Feature of the layout
Layout
Hotel
Ceiling height
Ceiling height
3 m
Listed
Listed
23 August 2024
Updated
Updated
23 August 2024

Description from the seller

A ready-made four-story hotel with 16 rooms is for sale — a total area of 700 sq.m. in the center of old Batumi at ul. Lermontova 4a, 300 meters from the sea! The hotel is fully equipped to receive guests. Each room has been beautifully renovated with high-quality materials and is equipped with beds, equipped bathrooms, air conditioning and TVs, refrigerators, electric kettles and everything you need for a comfortable stay on vacation. The hotel consists of rooms of different sizes, equipment and layouts, which allows us to provide a wide range of rooms for guests with different requests. The hotel has 11 balconies, 2 fireplaces and a private landscaped courtyard with an outdoor cafe. The hotel also has a separate office space for a manager, an equipped reception, a private laundry room and a dry basement for a warehouse. The green courtyard has recreation areas, children's playgrounds and sports grounds. There is an outdoor parking lot. All rooms have panoramic windows overlooking the streets of the old town and the sea, which is especially beautiful in the evening! This is a place with high tourist traffic in the center of old Batumi. Before going to bed, you can take a walk along the city's main attractions. The hotel is close to Piazza Square, Theatre Square and Europe Square. Such a good neighborhood, combined with a developed local infrastructure, creates excellent living conditions for guests - transport interchanges, pharmacies, kindergartens and schools. Various social and shopping and entertainment facilities are within walking distance, namely restaurants serving European and local cuisine, cafes, an amusement park, shops, and bank branches. This is an investment project created both for renting out and making a profit, and for building your own business.

Building location

Batumi, Rustaveli District,
Mikhail Lermontov Street, 4

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
‍4 244 073 ₾ is the amount you borrow from the bank
years
months
I am a citizen of Georgia or have a residence permit
Mortgage from TBC Bank
12,5
%
annual interest
rate
378 074
payment for
month
14,14
%
effective interested rate that linked to a public
index
5 285 842
total for real
estate

Contact seller

Алексей
Алексей
Agent
Agent
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