Hotel For Sale. Batumi
K. Gamsakhurdia st.
Area
Area
4300m²Description
Golden Palace Batumi is a premium-class multifunctional commercial property in the central part of Batumi that combines a hotel, a casino, and restaurant space in one concept. The complex includes 51 fully equipped rooms, a casino of approximately 700 m² with a VIP area, a restaurant, and roughly 4,300 m² of total area. The facility is fully equipped and ready for rapid operational reactivation, which allows an investor to start the business and begin generating revenue in the shortest possible time. One of the project's main advantages is a potential tenant for the casino who is ready to pay USD 100,000 per month upon signing a lease agreement. This creates a predictable and stable cash flow, which from the casino rent alone represents approximately USD 1.2 million per year. The strategic location in the center of Batumi, developed tourist infrastructure, high demand for hotels and the entertainment industry, ready infrastructure, and significant development potential make Golden Palace Batumi one of the most attractive investment opportunities on Georgia's real estate market. Contact me for details; the price is negotiable.
Details information
Condition
Newly renovated
Status
New building
Additional information
A/C
Balcony
Fridge
Furniture
Hot water
TV
Wi-Fi
Urgent
Urgent
Benchmark interest rate from 12.1% / Benchmark effective rate from 14.21%. The nominal and effective interest rate tied to a public index represents the minimum amount for the credit product. The actual data will be specified at the time of loan approval. The interest rate shown in the table is linked to a public index - TIBR1M
Interest
Down payment
Base
Choose a house of any value and get full financing
Hotel For Sale. Batumi
Total area
Total area
4300 m²Description
Golden Palace Batumi is a premium-class multifunctional commercial property in the central part of Batumi that combines a hotel, a casino, and restaurant space in one concept. The complex includes 51 fully equipped rooms, a casino of approximately 700 m² with a VIP area, a restaurant, and roughly 4,300 m² of total area. The facility is fully equipped and ready for rapid operational reactivation, which allows an investor to start the business and begin generating revenue in the shortest possible time. One of the project's main advantages is a potential tenant for the casino who is ready to pay USD 100,000 per month upon signing a lease agreement. This creates a predictable and stable cash flow, which from the casino rent alone represents approximately USD 1.2 million per year. The strategic location in the center of Batumi, developed tourist infrastructure, high demand for hotels and the entertainment industry, ready infrastructure, and significant development potential make Golden Palace Batumi one of the most attractive investment opportunities on Georgia's real estate market. Contact me for details; the price is negotiable.
Details information
Condition
Newly renovated
Status
New building
Additional information
A/C
Balcony
Fridge
Furniture
Hot water
TV
Wi-Fi
Benchmark interest rate from 12.1% / Benchmark effective rate from 14.21%. The nominal and effective interest rate tied to a public index represents the minimum amount for the credit product. The actual data will be specified at the time of loan approval. The interest rate shown in the table is linked to a public index - TIBR1M
Interest
Down payment
Base
Choose a house of any value and get full financing
Total area
4300 m²Condition
Newly renovatedStatus
New building