Hotel For Sale – Luxury and Budget Hotels in Top Locations

  • $195,000

Overview

Property ID: HZ31273
  • Commercial Sales
  • Property Type
  • 125 mΒ²
  • Area Size

Description

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πŸ’Ό A ready-made mini-hotel by the sea πŸ“ 1 Sheriff Khimshiashvili St., Batumi The apartment is 125 m2, professionally redeveloped into 4 separate studios. Each studio has a fullβ€”fledged room: β€” bathroom β€” living room and sleeping area β€” separate counters β€” new furniture and appliances β€” high-quality repairs β€” fire extinguishing sensors πŸ’° Finmodel β€” Income per season (June–September): β€’ $40/day for downloads from 50% to 65% β€’ From 4 apartments: $11,200 β€” Off-season income (8 months): β€’ Average $300/month/apartment β€’ From 4 apartments: $9,600 πŸ“Š TOTAL annual income: $19,360 excluding expenses β€’ Price: $195,000 β€’ Payback period: 10 years β€’ ROI: ~10% per annum πŸ“¦ Total financial result for 10 years: β€’ Rental income: $193,600 β€’ Minimum cost growth forecast: + $97,500 β€’ Total: $291,100 net profit β€’ ROI: +149% β€’ Average annual return: ~14.9% βœ… Why it is profitable: β€’ Starting a business from the first day β€’ 1st line β€” liquidity and demand all year round β€’ Maximum tourist traffic – City center β€’ 4 separate studios – more flexibility and income

  • Address: Sherif Khimshiashvili St, 1
  • City: Batumi
  • Country: Georgia

Details

Updated on July 24, 2025 at 4:19 pm
  • Property ID HZ31273
  • Price $195,000
  • Property Size 125 mΒ²
  • Year Built 2016
  • Property Type Commercial Sales
  • Property Status For Sale, New Listing
  • Price per mΒ² 1 560
  • Developer Gumbati Group
  • Floors 20
  • Floor No. 3

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