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2-room apartment for sale in Batumi, Alliance Palace — 47.1 m² for $145,000

$‍‍145,000
$‍3,079 per m2
commission-free
$
2-room
apartment
apartment
47.1 m2
total area
area
23 floor
out of 41
out of 41
Number of bedrooms
Bedrooms
1 bedroom
Number of bathrooms
Bathrooms
1 bathroom
Listed
Listed
Yesterday, 12:35
Updated
Updated
Yesterday, 12:35

Description from the seller

An apartment with a panoramic sea view in Batumi is for sale. This isn't just an apartment — it's a ready-made rental business from the first day of ownership. The property is being sold with a reliable tenant who is already living in the apartment and signed a one-year lease starting May 1st. The new owner begins receiving income immediately, without the need to find tenants or incur additional costs. Income: • from May until the end of the season — $900 per month • thereafter — $600 per month The apartment has consistently rented for $850 per month for the past 3.5 years, confirming the high demand for the property. Features: • area — 47.1 sq m • panoramic sea views • modern residential complex • high-speed elevators • backup generators — no power outages • premium ducted heating and air conditioning system One of the key advantages is the low utility costs. Even during the coldest winter months or the hottest summer months, electricity costs never exceeded 170 lari per month, while in normal times they average around 40 lari. This apartment is an excellent choice for both an investor looking to earn a stable passive income from day one and for those planning to live by the sea in a modern home with comfortable amenities. If you're looking for liquid property in Batumi that's already generating income, this offer is worth your consideration.
Konstantin reBatumi
Konstantin reBatumi
Agent
Agent
Speaks: русский, english

Building and location

Sherif Khimshiashvili St, 5
Batumi, Khimshiashvili District, Alliance Palace
41 floors
Completed in 2019
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 $‍123,250 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
10 710
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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