1/8

Commercial Property for Sale: 550m² in Ureki, Grigoleti – $550 000

Grigoleti
‍‍1 501 676 ₾
‍2 730 ₾ per m2
$
Hotel
property type
property type
550 m2
total area
area
3 floor
out of 3
out of 3
Listed
Listed
2 June 2025
Updated
Updated
2 June 2025

Description from the seller

🏨 Boutique hotel for sale — 11 rooms 📍 The popular seaside resort of Grigoleti 💰 Price: $550,000 📈 Projected income per year: $324,000 🌊 A few steps from the sea — an ideal option for investing in the tourism business! The hotel is sold in a black frame on the beachfront — with direct access to the beach! 📐 The total area of the building is 550 m² 📍 Plot — 333 m² (non-agricultural purpose) 🏨 11 rooms + 2 restaurants 🔹 The hotel is being sold in the following condition: ▪ Facade works have been completed: ▪ Perimeter walls have been built ▪ The facades are plastered and painted ▪ Windows, doors, balcony railings are installed ▪ Electricity (10 kW), gas (without boiler), water (well), sewerage (septic tank) are connected ▪ Stormwater ladders have been installed and the terrace has been waterproofed (1 layer) ⚠ An object without internal dust, decoration, partitions, furniture, equipment and landscaping.

Building location

Ureki,
Grigoleti

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 ‍1 276 425 ₾ from the bank
years
months
Mortgage from TBC Bank
from
12,9
%
interest
rate
from
15,02
%
effective interest
rate
113 947
payment for
month
1 592 615
total for real
estate
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 — TIBR1M. An additional fee for life/property insurance is added to the monthly payment.

Contact seller

Tsurkava Property
Tsurkava Property
Agent
Agent
Do you like this property?
Add to favorites so you will not lose it or send a link to someone who helps you with the choice of housing
How can we improve this page?