Hotel For Sale β Luxury and Budget Hotels in Top Locations
- $195,000
Hotel For Sale β Luxury and Budget Hotels in Top Locations
- $195,000
Overview
- Commercial Sales
- 125 mΒ²
Description
Advantages Of Buying Properties Through AGI
πΌ A ready-made mini-hotel by the sea π 1 Sheriff Khimshiashvili St., Batumi The apartment is 125 m2, professionally redeveloped into 4 separate studios. Each studio has a fullβfledged 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 π° Finmodel β Income per season (JuneβSeptember): 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 π TOTAL annual income: $19,360 excluding expenses β’ Price: $195,000 β’ Payback period: 10 years β’ ROI: ~10% per annum π¦ 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% β 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
Open on Google Maps- 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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