Hotel 8 825 m² in Batumi, Georgia
Georgia, Batumi
Archive cost €18,68M
Sold or out of date
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29
Updated at: 22/04/2021
Location
Country: Georgia
State: Autonomous Republic of Adjara
City: Batumi
Address: Melikishvili
Building parameters
Number of floors:
5
Property parameters
Floor:
5
Total area:
8 825 m²
Description
In the center of Tbilisi, a monumental Stalin building is sold, which houses a hotel, restaurant and casino (currently not in operation).
The average planned hotel load for the year is 70% (calculated on the basis of the data of existing hotels of this type). According to unconfirmed reports, the official "dirty profit" of the casino for 10 years was $400,000 per month. In addition to the physical casino, the owner of the facility may operate an online casino. Download the full object description from the link on the right.
Location
Georgia, Batumi
