Luxury Hotel Building for Sale in Batumi, Georgia
Financial Details
- Asking Price:
- $6,500,000
- Annual Revenue:
- $6,500,000
- Cash Flow / SDE:
- $350,000
- Profit Metric:
- Cash Flow
- Valuation Multiple:
- 18.6x
- Location:
- Batumi, GE
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This is an exceptional opportunity to acquire a luxury hotel building located in the heart of Batumi, Georgia's historical and touristic center, directly opposite Batumi Port. The property is situated in the vibrant 'Old Batumi' area, known for its charm and accessibility. The hotel has received an award from booking.com, highlighting its quality and guest satisfaction. It features spacious, home-like rooms ranging from 30 to 54 sq. m, offering a unique and comfortable stay for guests. The building itself is a historical structure, meticulously restored with original decorations on its exterior and interior facade, spread across four floors. The ground floor includes a large store space available for rent, adding potential for additional revenue. The sale includes essential assets such as security and management technology, ventilation systems, and all furnishings within the rooms (TVs, beds, tables, carpets, cabinets). The restaurant and terrace areas are also equipped with necessary furniture and systems, including a retractable awning. The business operates debt-free and is self-financing, with 100% ownership held by a single entity. This listing represents a turnkey real estate investment in a prime tourist destination.
Industry Information
- Industry Description:
- Hotel, Property Management
- Classification:
- Travel
Real Estate & Lease
- Status:
- Included
Assets & Inventory
- Includes FF&E:
- Yes
Listing Details
- Listing ID:
- d7dd995a-35f4-487d-a668-cf774a6507a7
- Deal Status:
- For Sale
- Date Posted:
- April 23, 2024
- Last Updated:
- September 15, 2025
- Currency:
- USD