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Commercial property for sale: 360 m² in Batumi, Svimon Kananeli St, 49 – $700,000

$‍‍700,000
$‍1,944 per m2
₾
$
Hotel
property type
property type
360 m2
total area
area
1 floor
out of 3
out of 3
Facade property
Facade
Yes
Listed
Listed
Today, 08:08
Updated
Updated
Today, 08:08

Description

Boutique hotel in Gonio | 9 rooms | 600 m² land A turnkey boutique hotel for sale in Gonio, located just minutes from the sea. An excellent investment opportunity in one of the most popular tourist areas on the coast. The hotel features 9 fully furnished rooms, each equipped with a private bathroom. It also includes a fully equipped kitchen and an outdoor lounge area. Built in 2019, the property is renovated and in excellent condition — ready for immediate operation. Key features: ✅ Price — $700,000 ✅ Building area — 360 m² ✅ Land plot — 600 m² ✅ 9 fully furnished rooms ✅ 10 bathrooms ✅ Equipped kitchen ✅ Outdoor relaxation area ✅ Year of construction — 2019 ✅ Minutes from the sea A ready-to-go property in a prime tourist location with the potential to continue the hospitality business without needing large-scale renovation. ID: 0745126
Property ID: 930109ID specified by the author: 0745126

Building and location

Svimon Kananeli St, 49
Batumi
2019
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 $‍595,000 from the bank
years
months
Mortgage from TBC Bank
from
7,4
%
interest
rate
from
8,3
%
effective interest
rate
≈ $
51 593
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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