Commercial property 3 191 m² in Batumi, Georgia

Georgia, Batumi
€2,33M
€731/m²
;

Location

  • Country
    Georgia
  • State
    Autonomous Republic of Adjara
  • City
    Batumi

Property characteristics

Property parameters

  • Price per m²
    Price per m²
    €731/m²
  • Total area
    Total area
    3 191 m²

Building parameters

  • The year of construction
    The year of construction
    2013
  • Number of floors
    Number of floors
    9

Description

Unique Investment Opportunity in Batumi! ?
 Operating Business Hotel with Restaurant, Cafe and Commercial Areas:
 A separate 9-story hotel building, located in a convenient location with excellent transport accessibility, always attracts the attention of tourists and city guests.
A large restaurant with a banquet hall for 200 people, offering the possibility of organizing various events and banquets, will not leave either guests or visitors indifferent.
 On the ground floor of the building there are many commercial spaces that can be rented or used for business expansion, which makes this place not only a hotel, but also an attractive commercial facility.
 Main parameters:
9 floors, total area 3191 m²
2378 m² - hotel area
827 m² - commercial areas
69 cozy rooms (it is possible to add 11 rooms)
Restaurant for 200 people, cafe-bar for 35 people
 Investment Advantages:
Business payback up to 5 years, the opportunity to expand and increase capital due to growth in the value of the property.
An asset that increases its price by more than 15% annually provides excellent investment opportunities.
 Quality Repairs and Equipment:
Well-established business with regular customers and opportunities for further growth and development.

Posted at: 13/08/2024
Updated at: 13/08/2024

Location on the map

Georgia, Batumi
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