Advantages Of Buying Properties Through AGI

Introducing a rare investment opportunity to acquire a 5-storey luxury hotel within the iconic Alley Palace, one of Batumi’s most recognizable high-rise buildings, located on the elite Zhuli Shartava Avenue, in the heart of the city’s vibrant entertainment and tourist district.

Strategically positioned near the city’s main boulevard and within walking distance to dancing fountains, high-end restaurants, cafes, and entertainment hubs, this hotel offers both visibility and prestige—key ingredients for a thriving hospitality business. With a total area of 9,250 square meters spanning five fully functional floors, the property is offered for sale at $12,000,000, representing an incredible value in one of the fastest-growing tourism destinations on the Black Sea coast.

Key Features & Layout

This turnkey property includes:

• Full operational hotel business transfer including hotel rooms, suites, spa, lobby, reception, swimming pool, casino, and restaurant
• Located between floors 1–5 in a 35-storey premium tower
• Three private elevators dedicated to hotel operations
• Isolated reception area with a private car ramp for smooth guest arrivals and VIP handling
• Flexible interior layout—buyer may redesign or refurnish the space with their own hospitality vision
• Ceiling height of 3 meters, offering a spacious, airy feel throughout the hotel

Each floor is carefully planned and allocated as follows:

• 1st Floor – 756.5 m² (ideal for reception, lobby, or retail)
• 2nd & 3rd Floors – 2,817.7 m² each (guest rooms, spa, restaurant, or event space)
• 4th Floor – 1,029.2 m²
• 5th Floor – 1,843.2 m²
• Total Functional Area – 9,264.3 m² (rounded as 9,250 m² in official listing)

Location Advantages

• Prime address in Khimshiashvili District – the heart of modern Batumi
• Located on Zhuli Shartava Avenue, known for its luxury developments and tourist appeal
• Surrounded by new high-rise residential and commercial towers, fountains, and pedestrian zones
• 5 minutes from the beachfront, Batumi Boulevard, and major casino zones
• Ideal for attracting international tourists, business travelers, and leisure guests

Investment Highlights

• Ready-to-operate hotel in a landmark building with infrastructure already in place
• Potential to rebrand or reposition as a luxury boutique hotel, casino hotel, or extended-stay suites
• High tourism growth in Batumi driven by infrastructure, nightlife, international events, and tax advantages
• Situated in a free economic zone with investor-friendly policies and growing demand for hotel rooms

Project Overview

• Property Type: Hotel
• Floors: 5 out of 34
• Total Area: 9,250 m²
• Ceiling Height: 3 meters
• Developer: H Group
• Project: Alley Palace
• Price: $12,000,000
• Price per m²: $1,297
• Address: Zhuli Shartava Ave 7, Batumi, Khimshiashvili District
• Listing Date: November 3, 2024
• Last Updated: Today

Whether you are an international hospitality brand seeking expansion in the Caucasus region, a visionary developer looking for a trophy asset in Batumi, or a private investor entering Georgia’s booming tourism market—this 5-storey hotel offers unmatched location, scale, and potential.

Contact now for additional documents, business performance insights, or to schedule a private tour.