4-room apartment for sale in Batumi, Iakob Gogebashvili St, 2 — 250 m² for $500,000

Unique 250 m² Apartment for Sale in the Heart of Batumi Old Town A rare opportunity to own a spacious property in one of the city's most beautiful historic buildings – a fully restored Stalin-era residence located at Memed Abashidze Street, 1. The location is one of Batumi's most recognizable landmarks, right above the famous Tajeri (Mangal) Restaurant. The Seaside Boulevard, Europe Square, the city's finest restaurants, casinos, and five-star hotels are all just a few minutes' walk away. Property Features: • Total area: 250 m² • 5th floor • No elevator (however, the building has a designated space for elevator installation, and several owners have already expressed their willingness to participate in the project) • Restored historic Stalin-era building Previously used as: • A private owner's apartment of approximately 100 m² • A 150 m² boutique hotel with 8 guest rooms The hotel is currently not in operation, and the property requires renovation, giving the new owner the opportunity to create a spacious private residence, boutique hotel, apart-hotel, or a high-yield investment property. Price: $500,000 Price per m²: Only $2,000 All images in this listing have been enhanced using AI to illustrate the property's potential appearance after renovation. Schedule a viewing today!