Commercial property for sale: 490 m² in Batumi, Merab Kostava St, 17 – $1,670,000

An active hotel is for sale in a prestigious area of Old Batumi, just a few meters from the sea. Built in 2013, the hotel has been consistently rented out ever since. The building has 4 floors, with an open terrace on the 5th floor offering stunning panoramic views of the sea and mountains. Additionally, rooms feature direct views of the square, adding a special charm to the property. The hotel consists of 15 rooms. It currently requires major renovation, providing the new owner with the opportunity to update it according to their vision and standards. 📍 Total area: 490 sq. m 💰 Price: $1,670,000 📅 The hotel is leased until late September 2026, which serves as an additional benefit for investors. Location: • Holy Mother Virgins Nativity Cathedral — 5-minute walk • Neptune Fountain — 10-minute walk • Dolphinarium — a couple of minutes walk from the hotel • Gogebashvili St., Restaurant on the beach bus stop — just 400 meters from Ponto Vechio hotel ID: 331992