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Commercial Property for Sale: 400m² in Ureki, Sanapiro – $700 000

Sanapiro
‍‍1 973 601 ₾
‍4 934 ₾ per m2
0% commission
$
Hotel
purpose
purpose
400 m2
total area
area
1 floor
out of 4
out of 4
Feature of the layout
Layout
Hotel
Listed
Listed
18 April 2024
Updated
Updated
17 December 2024

Description from the seller

Selling the Hotel in an hour from Batumi. 18 Rooms, 4 floors, swimming pool, 400 sq. m. parking made out of concrete with video camera and security gate. High earning restaurant on the venue which gets similar revenue to the hotel itself. The hotel is working since 2008 and is famous for large number of tourists and high rating on travel websites. 9.4/10 on booking.com for the last 15 years. Hotel is working very well and due to our reputation we meet start of each season with lots of prebooking from booking.com and private bookings, which always creates guaranteed income. Hotel has its own yard and it’s all covered mosaic stone and it has an artificial waterfall built in in the entrance of the restaurant. There is option to use additional 400 square meter land next the hotel (that is currently used for parking) for cottages or smaller hotel. Additionally, Hotel has a pool which is located above the restaurant on the second level of the restaurant.

Building location

Ureki,
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 ‍1 677 561 ₾ from the bank
years
months
Mortgage from TBC Bank
14,5
%
annual interest
rate
151 018
payment for
month
16,97
%
effective interested rate that linked to a public
index
2 108 256
total for real
estate
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