51 room Hotel For Sale. Batumi
K. Gamsakhurdia st.
Area
Room
Area
4300m²Room
51Description
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
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
51 room Hotel For Sale. Batumi
Total area
Room
Total area
4300 m²Room
51Description
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
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 m²Room
51Condition
Newly renovatedStatus
New building