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Commercial property for sale: 2,000 m² in Kobuleti, Tamar Mepe Sanapiro – $1,950,000

$‍‍1,950,000
$‍975 per m2
commission-free
₾
$
Hotel
property type
property type
2 000 m2
total area
area
1 floor
out of 4
out of 4
Additional
Additional
Balcony, Terrace
Listed
Listed
1 hour ago
Updated
Updated
1 hour ago

Description

🏨 Urgent Sale | Operational Hotel and Land Plot on the Beachfront | Kobuleti, Georgia 💰 Price: $1,950,000 📍 Location: Kobuleti, Tamar Mepe St — first shoreline 🔑 Property Features: • land plot — 2,000 m² • land status — non-agricultural • operational 4-story hotel • capacity — 23 rooms • on-site cafe • first line from the sea • hotel is in working condition and ready for the tourist season ✅ Rental income — $90,000 per season ✅ Rental period — from June to the end of September ✅ Established seasonal rental history ✅ Property is operational and requires no major reconstruction to continue hotel activities A small cosmetic renovation is needed to refresh the building's exterior. The estimated budget, according to the owner, is approximately 20,000 GEL. 🏗️ Development Potential The plot is valuable not only as a turnkey hotel asset but also as a site for new development. Preliminary concepts include: • construction of two 13-story residential buildings • potential total development area — approx. 13,000 m² • possibility of an alternative project with higher floor count • realization of a residential or multifunctional beachfront complex Future construction parameters are subject to confirmation in accordance with urban planning requirements and permits. 📈 Why is this interesting for an investor? ✔️ Two investment scenarios: continuing the hotel business with seasonal rentals or launching a development project. ✔️ Existing income: the property already has a rental history, allowing it to be treated as an active business asset. ✔️ Beachfront land: prime location for tourist and residential real estate. ✔️ Project scale: potential to develop a residential complex of approx. 13,000 m² upon confirmation of permitted construction parameters. 🔥 Urgent Sale until the end of November 2026 Current price — $1,950,000. 📩 For detailed specifications, land documents, additional information about the hotel business, or to arrange a viewing, please contact:
Property ID: 1028944ID specified by the author: 601705
MARGO BATUMI REAL ESTATE
MARGO BATUMI REAL ESTATE
Agent
Agent
Speaks: ქართული

Building and location

Kobuleti
, Tamar Mepe Sanapiro

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 $‍1,657,500 from the bank
years
months
Mortgage from TBC Bank
from
7,4
%
interest
rate
from
8,3
%
effective interest
rate
≈ $
143 724
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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