The Seaside Park Hotel in Batumi
The hotel is developed and operated by Ruebush Hospitality Group, a leader in the hotel industry in Batumi. Since 2013 we have managed 9 out of 10 of the most profitable properties in Batumi. There are hotel room investments for any budget. The rooms comes fully equipped and ready for nightly rentals. All rooms are well appointed and designed by experts in the hotel industry. Investments start from $41,000 and up. You can get started buying a luxury hotel room with as little as $4100 today.
The hotel is planned to open in 2024 and is projected to return more than 20% yearly ROI to hotel room investors. We selected to place the hotel in a building being constructed by GWG Development because they have many years of experience constructing high-rise buildings in Tbilisi and other parts of Georgia. The project is 100% fully funded and does not rely upon sales in order to reach completion.
Building and Location
The building is located only a few minutes walk from the beach, the biggest casino in Batumi, a large shopping mall, a riverside retreat, and a beautiful seaside park.
Unit Types and prices with option for a share purchase
Standard 35.9m2 $54,500 $5,450 $1,363 x 36 months
King 36.9m2 $56,000 $5,600 $1,400 x 36 months
Superior 37.5m2 $57,000 $5,700 $1,425 x 36 months
Deluxe 42.5m2 $64,500 $6,450 $1,613 x 36 months
Executive 50.2m2 $76,000 $7,600 $1,900 x 36 months
Family 65.3m2 $98,500 $9,850 $2,463 x 36 months
Every guest will experience comfort and luxury when they stay at Seaside Park Hotel
24 hour lobby and concierge
Guest services are available anytime, day or night
Restaurant and Bar
Highly skilled chefs and prepare your drinks and meals for dine-in or room service
Free and fast internet
Free internet is available throughout the hotel
Our hotel features a spa with several treatments and services to help you relax and rejuvenate
Fitness and Yoga
Keep your daily fitness or yoga routine in our well equipped fitness center
We are located at the best part of the city and are near best shopping malls, casinos, and the beach
Over the past 8 years the developer has established itself as a dominant player in the market by offering the best product.
They invest hundreds of dollars per meter more than their competition when it comes to finishing, furniture, appliances, and components. They employ a team of in-house professional architects and designers who custom tailor each property for maximum quality and guest appeal. And this produces amazing results!
Booking channels feature our properties on their 1st page over 56% of the time
98% of our guests give our properties 5-star ratings
100% ratings of 5-stars for comfort
100% ratings of 5-stars for cleanliness
Interested in this property? Enquiry today!
FORBES NAMES BATUMI A TOP CITY TO INVEST IN EUROPE
Low taxes, growing industry, double-digit yearly tourist growth, and many other factors make Batumi a place anyone should seriously look at investing in hotel rooms. With only 5% tax rate on rental income, and no capital gains tax if you hold your property at least 2 years, Batumi is an extremely attractive investment location.
Recently Forbes ranked Batumi #3 among the best cities to invest in Europe.
Investors are attracted to the 2,000-year history and culture as well as the favorable prices compared to other more well-known European coastal hubs
According to Colliers International both the occupancy and average nightly rate of boutique hotel rooms in Batumi have been rising steadily over the past 6 years. More than 400,000 guests per year are seeking boutique hotel rooms in Batumi but unable to find them because there is an undersupply of 1,000 rooms.
Share purchase pricing for The Seaside Park Hotel
Standard 35.9 $5,450 $454 x12 months
King 36.9 $5,600 $467 x12 months
Superior 37.5 $5,700 $475 x12 months
Deluxe 42.5 $6,450 $538 x12 months
Executive 50.2 $7,600 $633 x12 months
Family 65.3 $9,850 $821 x12 months
Receive the following information:
Full Investment Pack
Current Availability Report
You can simply call and speak with your expert Portfolio Manager on +44 (0)203 807 0406
If you prefer to email or would like us to call you back please fill out the enquiry form.