Georgia Boutique Hotel — 78% Occupancy, 12% ROI For Sale

Rare opportunity to acquire a fully operational designer boutique hotel in the prestigious Vera district of Tbilisi, Georgia — one of the fastest-growing economies in the region (GDP +9.4% in 2024, +7.5% in 2025).
The property was conceived and built by an award-winning architect-owner. Every detail reflects genuine passion: original Georgian murals, handpicked tiles, freestanding baths with panoramic city views, passenger lift, full HVAC, modern fire safety.
Key Investment Metrics:
— Asking Price: $1,600,000 (share purchase structure)
— Further flexibility to $1,500,000 depending on terms
— Verified NOI: $181,067/year
— Cap Rate: 12.1% at $1.5M entry
— Average Occupancy: 78% | Peak: 95%
— Average Daily Rate: $70/night
— Annual Revenue: $378,612
— Rooms: 22 en-suite, individually styled
Guest Reviews:
— Booking.com: 8.2/10 "Very Good" (730 reviews)
— 58% of guests rated it "Superb" (9+)
— Staff score: 8.7 | Cleanliness: 8.3
Transaction Structure:
Acquisition via share purchase (operating company). Ideal for co-investment through a single acquisition vehicle. Full P&L, occupancy reports and tax documentation available under NDA.
Why Georgia:
— GDP growth among the highest in the region
— Inflation below 2%
— Tourism revenues at all-time high
— Foreign ownership 100% permitted
— Comparable assets in Western Europe cost 3–5× more per key