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Commercial property for sale: 9,250 m² in Batumi, Alley Palace – $12,000,000
Zhiuli Shartava Ave, 7
$12,000,000
$1,297 per m2
₾
$
Hotel
property type
property type
9 250 m2
total area
area
5 floor
out of 34
out of 34
Ceiling height
Ceiling height
3 m
Listed
Listed
3 November 2024
Updated
Updated
10 February 2026
Description from the seller
A 5-story hotel is for sale in the 35-story Alley Palace building, located on the prestigious and attractive Shartava Avenue. Situated in the heart of the city's entertainment district, it is close to the boulevard, dancing fountains, and numerous restaurants and cafes.
The sale price includes the transfer of a fully operational facility: hotel rooms, spa, lobby, swimming pool, restaurant, and casino. It features 3 private elevators, an isolated reception area, and a vehicle ramp for guests.
The new owner has the option to change the design and furniture in coordination with the contracting company.
Floor area breakdown:
• Floor I: 756.5 sq. m
• Floor II: 2817.7 sq. m
• Floor III: 2817.7 sq. m
• Floor IV: 1029.2 sq. m
• Floor V: 1843.2 sq. m
Total area: 9264.3 sq. m
Building location
Batumi, Khimshiashvili District, Alley Palace
, Zhiuli Shartava Ave, 7Contact seller
Dani Group
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
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
895 794
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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