Service Area, 285m², Capital Renovated

For Sale: Fully Operational and Renovated Hostel Business in the Heart of Yerevan

We are pleased to present an exceptional investment opportunity in the hospitality sector - a fully functioning hostel business located in the very heart of Yerevan, on Khorenatsi Street. This lucrative commercial property occupies 285 square meters on the ground floor of a solid stone building, offering an outstanding investment opportunity for hospitality industry professionals or investors seeking a stable income-generating asset.

The hostel has been meticulously designed for maximum comfort and operational efficiency. It successfully accommodates 16 high-quality hotel rooms, 6 of which are equipped with private bathrooms offering guests enhanced privacy. For the remaining guests, there are dedicated sanitary facilities including 4 bathrooms for women and 4 for men, allowing efficient service for a large number of visitors simultaneously.

The modern kitchen area is equipped with high-quality appliances and all necessary amenities, where guests can prepare their own meals. The professionally designed reception area ensures quick and efficient service for all visitors, creating a welcoming atmosphere from the moment guests arrive.

The property boasts an exceptional location in downtown Yerevan, just minutes away from major tourist attractions, restaurants, cafes, and cultural sites. Due to this strategic position, the hostel consistently maintains high occupancy rates and a steady flow of customers, including both locals and tourists throughout the year.

The hostel comes equipped with modern amenities including:

• Contemporary security system
• Centralized heating system
• Air conditioning in all main areas
• High-speed internet connection
• Constant water supply and hot water
• Gas supply
• Satellite television

This represents an exceptional investment offer: the hostel is currently an operating business leased out with a stable monthly income of 800,000 AMD (approximately 2,000 USD). The buyer has the option to continue the existing lease agreement, securing a steady passive income, or to personally manage the business to achieve even higher returns.

, offering an extraordinary opportunity to acquire a stable income-generating commercial property in one of Yerevan's most sought-after locations. With tourism in Armenia continuously growing and Yerevan becoming an increasingly popular destination, this investment has significant potential for value appreciation while providing immediate returns. The current ROI makes this an attractive proposition for investors looking to diversify their portfolio with a tangible asset in an emerging market.