1/12

7-room apartment for sale in Batumi, Zviad Gamsakhurdia St, 17 — 197 m² for $480,000

$‍‍480,000
$‍2,437 per m2
$
7-room
apartment
apartment
197 m2
total area
area
2 floor
out of 3
out of 3
Number of bedrooms
Bedrooms
5 bedrooms
Number of bathrooms
Bathrooms
3 bathrooms
Living area
Living area
180 m2
Kitchen area
Kitchen area
20 m2
Additional
Additional
Balcony
Listed
Listed
Today, 17:07
Updated
Updated
Today, 17:07

Description from the seller

Investment opportunity in Old Batumi 📍 Zviad Gamsakhurdia St. Located in the historical center of Batumi, this property offers a total area of 196,6 sq. m (107 sq. m + 89,6 sq. m) with a view of St. Nicholas Church — one of the city's main architectural landmarks. Due to its location, size, and the unique atmosphere of Old Batumi, the property has high investment potential and is suitable for various business formats. 🏛 Potential uses: • boutique hotel or guest house • apartments for short-term rent • representative office • art space or creative studio • language or educational center • atmospheric restaurant, cafe, or wine bar Property advantages: ✔ Total area — 196,6 sq. m ✔ High ceilings — 3,20 m ✔ 3 spacious balconies overlooking Old Batumi + a large veranda in the courtyard ✔ High tourist traffic year-round ✔ Unique location with a limited number of similar properties Layout: • 5 bedrooms • 2 living rooms, one with a fireplace • 2 kitchens • 3 bathrooms + 1 bathtub Cosmetic repairs have been completed on 89,63 sq. m. The 107 sq. m area requires renovation. Real estate in Old Batumi traditionally enjoys high demand due to its location, architecture, and tourist appeal. Large properties in the city center are extremely rare, making this offer particularly attractive for both developing your own business and generating stable rental income. A rare opportunity to acquire nearly 200 sq. m of real estate in one of Batumi's most recognizable and sought-after neighborhoods. ID: 335886
Speaks: ქართული, русский, english

Building and location

Zviad Gamsakhurdia St, 17
Batumi, Old City
All listings for sale

Contact seller

BD Realty
BD Realty
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 $‍408,000 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
35 454
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.
Do you like this apartment?
Add to favorites so you will not lose it or send a link to someone who helps you with the choice of housing
How can we improve this page?