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4-room apartment for sale in Batumi, 1 Chavchavadze St, 1 — 114 m² for $259,000

$‍‍259,000
$‍2,272 per m2
commission-free
$
4-room
apartment
apartment
114 m2
total area
area
2 floor
out of 5
out of 5
Number of bedrooms
Bedrooms
2 bedrooms
Number of bathrooms
Bathrooms
2 bathrooms
Additional
Additional
Balcony
Listed
Listed
Yesterday, 21:13
Updated
Updated
Yesterday, 21:13

Description

🔥 $31,000 Instant Equity: Premium 2BR Apartment at Batumi’s Most Iconic Location Bank Valuation: $290,000 Asking Price: $259,000 Step into unparalleled value in the beating heart of Batumi. Located just steps from the famous Argo Cable Car, this dual-aspect apartment offers an incredibly rare combination of luxurious space, vibrant city life, and immediate financial upside. The Residence Designed for those who appreciate space and comfort, the property features a massive living room perfectly suited for hosting or relaxing. The intelligent layout offers: • 2 spacious bedrooms: quiet, private, and filled with natural light. • 2 full bathrooms: ensuring maximum convenience for residents and guests alike. • Dual-aspect balconies: enjoy the absolute best of both worlds. Sip your morning coffee with sweeping views of the Black Sea, and wind down in the evening overlooking the vibrant, energetic pulse of Batumi's most sought-after streetscape. The Location Positioned in a highly famous, bustling, and secure neighborhood, you are literally at the center of it all. The Cable Car district is historically one of the most high-demand areas in Batumi, guaranteeing excellent liquidity, premium rental yields, and unmatched lifestyle convenience. The Opportunity This isn't just a home; it's a highly calculated investment. With a verified bank appraisal of $290,000 and a motivated initial asking price of $259,000, you are stepping into $31,000 of pure, day-one equity. Properties with this level of verified margin in such a prime, central location rarely hit the open market.
Property ID: 822288
Arik
Arik
Owner
Owner
Speaks: ქართული

Building and location

1 Chavchavadze St, 1
Batumi, Bagrationi District
All listings for sale

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 $‍220,150 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
19 130
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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