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Real Estate

Eng
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ss.ge logo

Real Estate

Eng
26 Jun, 17:37
178
ID - 35967840

10 room Hotel For Sale. Batumi

K. Gamsakhurdia st.

20,000,000
$
1 m² - 4652 $
506,950 / month
477,534 / month
4300m²

Area

10

Room

Area

4300m²

Room

10

Description

Golden Palace Batumi is a premium-class multifunctional commercial property located in the central part of Batumi, which combines a hotel, a casino, and restaurant space in one concept. The complex includes 51 fully equipped rooms, a casino with an area of approximately 700 m² including a VIP zone, a restaurant, and approximately 4,300 m² of total area. The property is fully equipped and ready for quick operational renewal, allowing the investor to start business operations and generate income in the shortest possible time. One of the main advantages of the project is the potential tenant for the casino, who is ready to pay 100,000 USD monthly in case a lease agreement is concluded. This creates a predictable and stable cash flow, which means a potential annual income of approximately 1.2 million USD just from the casino lease. 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 in the real estate market in Georgia. 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

Mortgage calculator
Property value52,518,000
Down payment 20%
10,503,600
Loan term
15Year

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

Monthly payment506,950
Total payment101,754,524

Choose a house of any value and get full financing

10 room Hotel For Sale. Batumi

4300 m²

Total area

10

Room

Total area

4300 m²

Room

10

Description

Golden Palace Batumi is a premium-class multifunctional commercial property located in the central part of Batumi, which combines a hotel, a casino, and restaurant space in one concept. The complex includes 51 fully equipped rooms, a casino with an area of approximately 700 m² including a VIP zone, a restaurant, and approximately 4,300 m² of total area. The property is fully equipped and ready for quick operational renewal, allowing the investor to start business operations and generate income in the shortest possible time. One of the main advantages of the project is the potential tenant for the casino, who is ready to pay 100,000 USD monthly in case a lease agreement is concluded. This creates a predictable and stable cash flow, which means a potential annual income of approximately 1.2 million USD just from the casino lease. 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 in the real estate market in Georgia. 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

Mortgage calculator
Property value52,518,000
Down payment 20%
10,503,600
Loan term
15Year

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

Monthly payment506,950
Total payment101,754,524

Choose a house of any value and get full financing