Commercial property 3 191 m² in Batumi, Georgia

Georgia, Batumi
€3,35M
€1,051/m²
;

Location

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

Property characteristics

Property parameters

  • Price per m²
    Price per m²
    €1,051/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 Spaces:
 A separate 9-storey hotel building, located in a convenient place with excellent transport accessibility, always attracts the attention of tourists and guests of the city.
A large restaurant with a banquet hall for 200 people, offering the opportunity to organize various events and banquets, does not leave indifferent either guests or visitors.
 On the ground floor of the building there are many commercial areas that can be rented out 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 of ​​3191 m²
2378 m² - hotel area
827 m² - commercial areas
69 cozy rooms (possible addition of 11 rooms)
Restaurant for 200 people, cafe-bar for 35 people
 Investment Advantages:
Business payback period up to 5 years, possibility of expansion and increase of capital due to growth of the property value.
An asset increasing its value by more than 15% annually provides excellent investment opportunities.
 High-Quality Repair and Equipment:
Established business with regular customers and opportunities for further growth and development.

Updated at: 17/11/2024

Location on the map

Georgia, Batumi
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