Commercial property for sale: 1,991 m² in Kobuleti, Tamar Mepe Sanapiro, 128 – $1,830,000

For Sale: 4-Story Hotel in Kobuleti — First Line by the Sea A plot of land with an existing 4-story hotel is for sale in Kobuleti, directly on the Black Sea coastline. The property offers an attractive opportunity for hotel business development or a real estate investment project. A permit can be obtained for the construction of a 13-story building. Property Details: • Total land area: 1,991 sq. m • Building area: 557.6 sq. m • Building: 4-story hotel • Courtyard: landscaped and equipped with outdoor amenities • Parking: located in the rear courtyard of the hotel The hotel features a landscaped courtyard with a small bungalow, relaxation areas, ornamental trees, a lawn, outdoor lighting, benches, and paved walkways. The rear section of the courtyard is designated for vehicle parking. The courtyard landscaping, paving, and renovation work were completed some time ago. Therefore, certain areas would benefit from refurbishment and modernization to meet contemporary standards. Price and Investment Potential: • Estimated property value: at least USD 3,000,000 • Asking price: USD 1,830,000 Located on the first line of the seafront, this property presents an appealing opportunity for investors seeking real estate for hotel operations or a potential redevelopment project in a sought-after location in Kobuleti. For further information or to arrange a viewing, please contact us.