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Government of Adjara is Looking for an Investor to Build a Hotel in Kobuleti

Government of Adjara is Looking for an Investor to Build a Hotel in Kobuleti

The Government of Adjara is looking for an investor to build a hotel in Kobuleti.

Land plot of 29 322 sq.m, locating in Aghmashenebeli Avenue N277 in Kobuleti, is brought on the auction. The starting price is 1.6 million GEL, trade bid is 48 000 GEL.

According to the condition, the investor must pay the amount gradually in two years and start building a multifunction company in 8 months.

The complex should include at least 200 rooms, open and indoor pool, public and commercial facilities (restaurants, café bars, international brand shopping center), entertainment facilities (including cabaret), casinos under international brand);

At least 20 million USD equivalent of GEL will be invested in this project.