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Real Estate

Eng
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ss.ge logo

Real Estate

Eng
15 Sep, 10:37
595
ID - 36453184

51 room Hotel For Sale. Batumi

K. Gamsakhurdia st.

20,000,000
$
1 m² - 4652 $
503,320 / month
474,115 / month
4300m²

Area

51

Room

Area

4300m²

Room

51

Description

Golden Palace Batumi is a premium-class multifunctional commercial property in the central part of Batumi that combines a hotel, casino and restaurant space in one concept. The complex includes 51 fully equipped rooms, a casino with a VIP area of approximately 700 m², a restaurant and approximately 4,300 m² of total area. The property is fully equipped and ready for quick resumption of operations, giving an investor the opportunity to start operating the business and 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 US$100,000 per month upon signing a lease agreement. This creates a predictable and stable cash flow, which from the casino rent alone represents an annual revenue potential of approximately US$1.2 million. Its strategic location in the center of Batumi, the 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

Mortgage calculator
Property value52,142,000
Down payment 20%
10,428,400
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 payment503,320
Total payment101,026,018

Choose a house of any value and get full financing

51 room Hotel For Sale. Batumi

4300 m²

Total area

51

Room

Total area

4300 m²

Room

51

Description

Golden Palace Batumi is a premium-class multifunctional commercial property in the central part of Batumi that combines a hotel, casino and restaurant space in one concept. The complex includes 51 fully equipped rooms, a casino with a VIP area of approximately 700 m², a restaurant and approximately 4,300 m² of total area. The property is fully equipped and ready for quick resumption of operations, giving an investor the opportunity to start operating the business and 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 US$100,000 per month upon signing a lease agreement. This creates a predictable and stable cash flow, which from the casino rent alone represents an annual revenue potential of approximately US$1.2 million. Its strategic location in the center of Batumi, the 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

Mortgage calculator
Property value52,142,000
Down payment 20%
10,428,400
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 payment503,320
Total payment101,026,018

Choose a house of any value and get full financing