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2-room apartment for sale in Batumi, Noe Zhordania St, 10 — 65 m² for $104,000

$‍‍104,000
$‍1,600 per m2
commission-free
$
2-room
apartment
apartment
65 m2
total area
area
3 floor
out of 3
out of 3
Number of bedrooms
Bedrooms
1 bedroom
Number of bathrooms
Bathrooms
1 bathroom
Listed
Listed
Yesterday, 11:46
Updated
Updated
Yesterday, 11:46

Description from the seller

Attic space with a separate entrance for sale in Old Batumi In one of the city's most atmospheric and sought-after areas, Old Batumi, an attic space with a separate entrance is for sale. It offers great potential for an interesting residential or investment project. This is a rare format for the city center: the space is located in the historic part of Batumi, in a building with a cozy Italian-style courtyard, creating a unique atmosphere of tranquility and privacy. For residents, this is not just a walk-through courtyard, but a pleasant interior space for quiet relaxation. A significant advantage is that the building boasts calm, intelligent neighbors from various countries, which is especially valuable for those seeking not only a successful property but also a high-quality surrounding environment. Key Features: • registered floor area: 65 sq m • actual usable area: up to 103 sq m • ceiling height: 2.75 to 3.1 m • separate entrance • premises without renovation • estimated turnkey renovation estimate: $36,000 Due to the high ceilings and actual usable area, the property offers more possibilities than the documents suggest. This space can be intelligently adapted to a modern, stylish, and highly marketable real estate format in the center of Old Batumi. Location Advantages Old Batumi is a district consistently popular with both buyers and renters. It is here that Batumi's prized urban environment is concentrated: beautiful historical buildings, cozy streets, a walkable atmosphere, proximity to the city's main attractions, and high demand from tourists and those seeking central living. Advantages: • walking distance to the promenade and sea • top cafes, restaurants, wine bars, pastry shops, and city services nearby • prestigious historical part of the city • high real estate liquidity • comfortable environment for living, recreation, and rentals • stable interest from foreign buyers and tenants These properties are especially attractive to those who understand the value of the city center not only as a beautiful address but also as a strong long-term investment opportunity. Possible uses The property is suitable for several scenarios: 1. Apartments for personal use After renovation, you can create a very atmospheric European-style home here — with a private entrance, high ceilings, and the character of the old town. This property is perfect for those who want to live in the center of Batumi but appreciate the quiet and tranquility and don't want a standard apartment in a new complex. 2. Apartments for rent Old Batumi is one of the best areas for short- and medium-term rentals. Unusual properties with character, a separate entrance, and a good location are especially in demand here. 3. Boutique Studio / Creative Space The space can be adapted for an art studio, private office, design space, or workshop. The location and atmosphere make this format a very natural fit. 4. Investment Project The property can be purchased, renovated with a clear estimate, and marketed as a ready-made, liquid product in the center of Old Batumi for resale or subsequent rental. Why this is an attractive offer This property is not for the mass buyer, but for those who understand the value of rare formats in the right location. It combines: • Old Batumi • separate entrance • actual area is larger than the documented area • good ceilings • quiet courtyard • clear budget for completion of renovations • high potential for value appreciation after completion After a quality renovation, this could be a very attractive and unique property in one of the city's most desirable locations. Details and viewings available upon request.

Building location

Batumi, Old City
, Noe Zhordania St, 10

Contact seller

Welcome Real Estate
Welcome Real Estate
Agent
Agent

Mortgage for buying real estate

Please note that all calculations provided are approximate. For the final figures, we recommend consulting with both the bank and the seller
GEL
USD
You borrow $‍88,400 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
7 764
monthly payment, a life/property insurance fee is added to the monthly
payment
The provided Nominal and Effect Interest Rates represent the minimum credit facility amount. The actual values will be specified at the time of credit approval. The interest rate given in the table is linked to the public index — Term SOFR.
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