A ready-made block of three apartments for sale in the heart of Old Batumi.
Address: Dmitri Tavdadebuli Street, 11
Building completed in 2010, 5th floor of 5. Underground parking.
Block composition:
• studio 39.8 sq. m
• 2-room apartment (1 bedroom) 80.4 sq. m
• 3-room apartment (2 bedrooms) 94 sq. m
• corridor 20.5 sq. m
Total area: 234.7 sq. m
Price: 2,150 $ per sq. m
Total cost: 505,000 $
For the center of Old Batumi, this is below market value.
Nearby: Rustaveli Street, Derfacto, Bern and Lumi restaurants. Within walking distance to the seaside boulevard, Europe Square, and major attractions.
Usage strategies:
1️⃣ Rental investment
• can be rented out separately
• boutique format: a mini apart-hotel with management. Prime tourist location ensures a high occupancy rate.
2️⃣ Family residence
Live next to each other yet independently. Parents, children, guests – everyone has their own space.
This is more than just "three apartments." It is a turnkey investment instrument in the historic city center.
If you’re interested in projected returns and exit scenarios – I’ll be happy to discuss them personally.