51 room Hotel For Sale. Batumi

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.