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  • $195,000

Overview

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

Description

Advantages Of Buying Properties Through AGI

๐Ÿ’ผ A ready-made mini-hotel by the sea ๐Ÿ“ 1 Sheriff Khimshiashvili St., Batumi The apartment is 125 m2, professionally redeveloped into 4 separate studios. Each studio has a fullโ€”fledged room: โ€” bathroom โ€” living room and sleeping area โ€” separate counters โ€” new furniture and appliances โ€” high-quality repairs โ€” fire extinguishing sensors ๐Ÿ’ฐ Finmodel โ€” Income per season (Juneโ€“September): โ€ข $40/day for downloads from 50% to 65% โ€ข From 4 apartments: $11,200 โ€” Off-season income (8 months): โ€ข Average $300/month/apartment โ€ข From 4 apartments: $9,600 ๐Ÿ“Š TOTAL annual income: $19,360 excluding expenses โ€ข Price: $195,000 โ€ข Payback period: 10 years โ€ข ROI: ~10% per annum ๐Ÿ“ฆ Total financial result for 10 years: โ€ข Rental income: $193,600 โ€ข Minimum cost growth forecast: + $97,500 โ€ข Total: $291,100 net profit โ€ข ROI: +149% โ€ข Average annual return: ~14.9% โœ… Why it is profitable: โ€ข Starting a business from the first day โ€ข 1st line โ€” liquidity and demand all year round โ€ข Maximum tourist traffic – City center โ€ข 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 mยฒ
  • Year Built 2016
  • Property Type Commercial Sales
  • Property Status For Sale, New Listing
  • Price per mยฒ 1 560
  • Developer Gumbati Group
  • Floors 20
  • Floor No. 3

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