Unfinished Duplex Apartment 136 m² | New Gudauri
$184000.00
Unfinished Duplex Apartment for Sale in Gudauri
Location: Four Seasons 1 Block
5th Floor
Area: 136 m²
An unfinished duplex apartment with excellent potential to create a spacious family residence or a high-income rental property.
The layout allows for:
First level: a large open-plan living room and kitchen with a fireplace, a bathroom, and additional bedrooms.
Second level: bedrooms and a bathroom.
Up to 5 separate bedrooms can be created in total.
Price: $184,000
Price per m²: approximately $1,353
The estimated renovation cost is approximately $800 per m², or about $108,800.
The estimated total investment, including purchase and renovation, is approximately $292,800.
Investment Potential
The peak ski season lasts approximately four months, from mid-December to mid-April (around 120 days).
A five-bedroom apartment of this size can typically be rented for $350–500 per night.
Estimated gross seasonal revenue at full occupancy:
$42,000 at $350 per night
$60,000 at $500 per night
With an average occupancy rate of 95%, the estimated seasonal gross income is:
From $39,900
Up to $57,000
Based on the total purchase and renovation budget, the estimated gross return for one winter season is approximately 13.6%–19.5%.
These estimates are provided before management fees, utilities, cleaning costs, booking platform commissions, and taxes.
An excellent opportunity for a large family, a group of friends, or investors seeking a unique high-value rental property.
For the floor plan, video tour, or to arrange a viewing, please call or message:
+995 591 101 300
