20 photos

2-room apartment for sale in Batumi, Alley Palace — 40.4 m² for $78,000

$‍‍78,000
$‍1,931 per m2
commission-free
$
2-room
apartment
apartment
40.4 m2
total area
area
28 floor
out of 36
out of 36
Feature of the layout
Layout
Multilevel
Number of bedrooms
Bedrooms
1 bedroom
Number of bathrooms
Bathrooms
1 bathroom
Additional
Additional
Balcony
Listed
Listed
75 days ago
Updated
Updated
24 days ago

Description

🏠 FOR SALE: Brand-New, Never-Lived-In Premium Apartment in Batumi — Directly from the Owner 📍 Address: Batumi, 7 Jiuli Shartava Street, Alley Palace, near Heroes Alley. ✨ A brand-new apartment that has never been occupied, featuring modern design and high-quality renovation. The property is fully furnished and equipped with appliances and all essentials for comfortable living. 📊 Main Features: • total area: 40.4 m² • floor: 28th • 1 separate bedroom • fully furnished • built-in kitchen appliances • fully equipped with essential household items • high-quality modern renovation • brand-new condition 🔥 Heating & Gas Connection The apartment is currently not connected to the gas supply. Gas connection is planned according to the building project; pipes have already been installed inside the apartment, but the supply is not yet active. The property is prepared for heating with radiator pipes already in place. The planned solution is an electric boiler connected to the radiator system. 🚿 An electric heated towel rail is installed in the bathroom. 📈 Investment Information The apartment is already rented under a one-year lease agreement, providing the new owner with stable rental income. 💰 Monthly rental income: $700 📅 Lease period: 24 August 2027 – 24 August 2028 ⏳ Rental term: 1 year 💵 Annual rental income: $8,400 🏷️ Sale Price: $78,000 📉 Based on current income, the apartment generates approximately 10.8% annual gross rental yield (before expenses and taxes). 📍 Location Located in one of Batumi’s most sought-after and rapidly developing areas, close to the sea, Heroes Alley, shopping facilities, cafés, restaurants, and main city infrastructure. An excellent opportunity for both personal residence and investors looking for a turnkey rental property with stable returns. 📋 Cadastral Code: 05.24.08.139.01.01.520 📞 For more information or to arrange a viewing, please contact us.
Property ID: 727028
Geo House
Geo House
Realtor of the agency Geo House
Realtor of the agency Geo House
Speaks: ქართული, русский, deutsch, español, français, italiano, türkçe, українська, العربية

Building and location

Zhiuli Shartava Ave, 7
Batumi, Khimshiashvili District, Alley Palace
36 floors
Completed in 2020
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 $‍66,300 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
5 761
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?