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Commercial property for sale: 700 m² in Batumi, Ivane Meskhi 3rd Dead End, 5 – $650,000

Ivane Meskhi 3rd Dead End, 5
$‍‍650,000
$‍929 per m2
$
Hotel
property type
property type
700 m2
total area
area
3 floor
out of 3
out of 3
Listed
Listed
16 December 2024
Updated
Updated
Yesterday, 07:31

Description

Turnkey Hotel Business 700 sq. m (17 rooms) on a 1000 sq. m plot near the Airport – $650,000 A fully equipped operating hotel with a total area of 700 sq. m is for sale on a spacious 1000 sq. m land plot in the Batumi International Airport district – at 5 Ivane Meskhi 3rd Lane. Looking for a profitable commercial property with high ROI and ready-made infrastructure? The hotel is fully furnished and ready for operation: the building includes 17 comfortable rooms with necessary furniture and appliances, as well as utility and administrative premises. The spacious 1000 sq. m plot offers excellent opportunities for parking, developing a lounge area with a pool, or further expanding the room capacity. Location: Batumi, Airport district, 5 Ivane Meskhi 3rd Lane (easy highway access, high transport accessibility). Plot area: 1,000 sq. m. Building area: 700 sq. m. Room count: 17 fully equipped rooms. Condition: ready business, requiring no additional capital investment. Price: $650,000 (excellent price for a capitalized commercial asset including land). Property advantages: • strategic location near the airport. Proximity to Batumi International Airport guarantees a steady flow of transit tourists, business travelers, and organized tour groups. • ready infrastructure. The property is fully functional – you acquire an active commercial asset with an established room inventory. • high scaling potential. The 1000 sq. m land plot allows for hotel infrastructure development (adding a restaurant, terrace, pool, or relaxation zones) or building additional blocks. The full document package is verified, the property is legally clear and ready for a quick transaction at the Public Service Hall. Cadastral codes are available upon request. WhatsApp / Telegram Call or message us for detailed information, floor plans, and to schedule a viewing.
Property ID: 55577
Niko
Niko
Realtor of the agency Niko
Realtor of the agency Niko
Speaks: ქართული, русский

Building and location

Ivane Meskhi 3rd Dead End, 5
Batumi, Airport District
All listings for sale

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 $‍552,500 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
48 010
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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