🔥 Investment opportunity in the center of Batumi!
An apartment for those who view real estate not just as a place to live, but as an investment with significant capital appreciation potential.
📍 Batumi, Akaki Tsereteli St.
🏛 Old City — right across the road
📐 Area — 80 sq. m
🛏 3 bedrooms
🚪 4 rooms
🏠 Old housing stock
🔨 Requires major renovation
📊 Purchase price — only about $1,088 per sq. m in the central part of Batumi.
Why is this property interesting for an investor?
• large area — 80 sq. m
• central location
• Old Batumi in the immediate vicinity
• clean documents
• bank appraisals available for mortgage
• price is significantly lower than many offers in new buildings in the center
🔥 Main investment potential — possible renovation of the building.
According to information from the owner, the building may eventually fall under a renovation/demolition program. If this scenario is realized, the estimated compensation is approximately $2,000 per sq. m.
80 sq. m × $2,000 = $160,000
Current purchase price — $87,000
Potential difference — $73,000
This represents a potential growth of about 84% of the purchase price.
⚠️ Important: the inclusion of the building in the renovation program, the timeline, and the amount of future compensation are not guaranteed. This is an investment scenario that the buyer should evaluate independently.
At the same time, the apartment remains a solid asset: it can be renovated, used for living, rented out, or resold.