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Investment Opportunity: Renowned International Chain – Hotel Development

Price: $3,900,000

Industry: Construction

Location: Georgia, Europe

Project Overview

This prestigious hotel development in Georgia (Eastern Europe) presents a unique investment opportunity in the burgeoning luxury hospitality sector. The project comprises two blocks totaling 30,000 m2, featuring 200 rooms, an open swimming pool, spa, casino, bar and restaurants, conferencing facilities, office, and recreational areas. The property will also include a 65-space basement parking level.

Design Excellence

The hotel’s design is a collaboration between two world-renowned firms. One is a multidisciplinary practice celebrated for its international portfolio and signature aesthetic of refined simplicity. The other, is an award-winning firm specializing exclusively in hotel and resort architecture, with a proven track record in luxury hospitality and destination development. Their combined expertise ensures a seamless interior and exterior design integration, creating an exceptional guest experience.

Investment Highlights

  • Strong Market Potential: Georgia’s tourism industry is experiencing significant growth, creating a demand for high-quality luxury accommodations.
  • Strategic Location: The hotel’s location offers convenient access to major attractions and transportation hubs.
  • World-Class Design: The project’s design and amenities are poised to attract discerning travelers seeking luxurious experiences.
  • Experienced Development Team: The project is led by a team with a proven track record in hotel development and management.

Current Status

The project has already completed 22 million USD worth of work, including land acquisition, and is progressing on schedule.

Area Efficiency

The area efficiency of the saleable/leasable areas to public/common areas/ducts is approximately 74%:26%, which is within standard norms for this type of development.

Financial Summary

  • Total project area: 30,000 m2
  • Saleable/Leasable area: 20,879.90 m2 (Hotel, Casino, and Parking)
  • Technical area: 5,329.81 m2 (Casino)
  • Total completed work: 22 million USD (including land cost)

This project offers a compelling investment proposition with strong potential for attractive returns.

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