Mercury Group
Hotel in the old town
- Georgia, Batumi
- Vakhtang Gorgasali street N 1
- Georgia, Batumi
- Vakhtang Gorgasali street N 1
Property description
A hotel for sale in the old town, with an area of 225 m2 according to documents (in reality 280 m2). There are 7 rooms (4 with balconies). On the ground floor there is a reception, a bar, a separate room (fast food). On the 4th floor there is a terrace with a beautiful view. Gas, heating, air conditioning, Wi-Fi. Price 392,000 euros.
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Location on Map
- Georgia, Batumi
- Vakhtang Gorgasali street N 1
** After rental period you check out, own your property, and:
1. give it for rent and get the loan covered keeping real estate till the highest market to resell, or
2. resell and get the invested money + capitalization profit
In both cases, your rental costs when purchasing real estate are reduced by an average of three times.
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