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Commercial property for sale: 185 m² in Batumi, Aqua Hotel & Apartments – $299,999

Lech and Maria Kaczynski St, 23 (Block 1)
$‍‍299,999
$‍1,622 per m2
commission-free
$
Hotel
property type
property type
185 m2
total area
area
3 floor
out of 12
out of 12
Ceiling height
Ceiling height
2.8 m
Additional
Additional
Balcony
Listed
Listed
9 days ago
Updated
Updated
9 days ago

Description

🏨 Turnkey hotel business for sale in Batumi 6 fully equipped studio apartments on the beachfront in the Aqua Batumi Hotel & Apartments complex. 📍 Key features: • location: first line, within walking distance to the beach • inventory: 6 studios with a total area of 185 sq. m (ranging from 28 to 32 sq. m each) • floor distribution: • 5 apartments occupy the entire 3rd floor of Block B (ideal for corporate rentals or large groups) • 3 apartments with sea views, 2 facing a quiet courtyard • 1 apartment on the 9th floor of the second building – for high-floor enthusiasts 💰 Financial performance: • occupancy: up to 95% during peak season • yield: up to 8% per annum • supporting data and financial reports are available 🌟 Advantages: • [link hidden] rating: 9.3 • option to purchase along with a high-rated, long-standing Booking account • many repeat clients, including long-term corporate rentals • apartments are equipped with ergonomic electric heating, ensuring demand during the winter season
Property ID: 818362
Liana Sea & Sky Suites
Liana Sea & Sky Suites
Agent
Agent
Speaks: ქართული, русский, english

Building and location

Lech and Maria Kaczynski St, 23
Batumi, Airport District, Aqua Hotel & Apartments, Block 1
12 floors
Completed in 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 $‍254,999 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
22 158
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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