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Commercial property for sale: 1,800 m² in Batumi, Airport Highway, 64D – $2,160,000

Airport Highway, 64D
$‍‍2,160,000
$‍1,200 per m2
commission-free
$
Hotel
property type
property type
1 800 m2
total area
area
8 floor
out of 8
out of 8
Additional
Additional
Balcony
Listed
Listed
Yesterday, 12:15
Updated
Updated
Yesterday, 12:15

Description from the seller

0276145 A rare opportunity to own a fully operational hotel in a high-traffic location at an unbeatable price! Operating Hotel for Sale — Ready Business Below Market Price! A rare opportunity to own a fully operational hotel in a high-traffic location at an unbeatable price! 33 rooms, including luxury suites and standard accommodations, all fully furnished and equipped. Prime location on a busy highway, attracting both tourists and corporate guests. Total area: 1,800 m², plus an additional floor under construction for commercial use. 150 m² of commercial space included! Fully renovated with all furniture and appliances included. Unique features: Elevator (a rare find in small hotels!) , gym, reception, private courtyard, and a power generator. Parking available in front of the building and in the backyard. Occupancy rate: 90% in summer with high tourist flow from Tbilisi and Turkey. Winter occupation covered by corporate contracts. Price: Only $1,200 per m²! For comparison: • The price per square meter for an unfinished apartment in this area starts at $800. • The cost of land alone in this location starts at $2,200 per m². This is a turnkey business with stable revenue and huge investment potential. Don't miss out on this below-market deal!
Speaks: русский

Building location

Batumi, Airport District
, Airport Highway, 64D

Contact seller

Roman Tsurkava Properti
Roman Tsurkava Properti
Agent
Agent

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 $‍1,836,000 from the bank
years
months
Mortgage from TBC Bank
from
9,9
%
interest
rate
from
11,93
%
effective interest
rate
≈ $
161 328
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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