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Hotel 8 825 m² in Tbilisi, Georgia

Georgia, Tbilisi
Archive cost $19,99M
Sold or out of date
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Hotel 8 825 m² in Tbilisi, Georgia
29
Updated at: 22/04/2021

Location

Country: Georgia
City: Tbilisi
Address: Petre Melikishvili Avenue

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, Tbilisi
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