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2-room apartment for sale in Batumi, Bagrationi Residence Batumi — 44 m² for $68,000

$‍‍68,000
$‍1,545 per m2
commission-free
₾
$
2-room
apartment
apartment
44 m2
total area
area
10 floor
out of 32
out of 32
Number of bedrooms
Bedrooms
1 bedroom
Number of bathrooms
Bathrooms
1 bathroom
Ceiling height
Ceiling height
3 m
Additional
Additional
Balcony
Listed
Listed
Yesterday, 08:38
Updated
Updated
Yesterday, 08:38

Description

Exclusive. Urgent apartment sale in Bagrationi Residence at a very competitive price — only $68,000. Area — 43.7 m². The apartment is in a green frame condition, allowing new owners to design the layout, renovation, and interior completely to their taste. This is a particularly attractive offer for those considering an investment with high value growth potential. Thanks to the low entry price, you can complete a high-quality renovation in your own style and later resell the property at a higher price. The apartment is also perfect for personal residence. You don't overpay for someone else's renovation but create a space tailored specifically to you. For investors, the property is also interesting for rental yields. Bagrationi Residence is in demand for both long-term and short-term rentals. Currently, 1+1 apartments in the complex are rented long-term for approximately $600–650 per month, while well-equipped units go for $700–800. Thus, the apartment fits several strategies: for living, for renovation and resale, or as a rental investment. Bagrationi Residence is a modern residential complex near the Alley of Heroes, the sea, and all essential city infrastructure.
Property ID: 954023ID specified by the author: 4862913
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Building and location

Petre Bagrationi St, 131a
Batumi, Javakhishvili District, Bagrationi Residence Batumi
32 floors
Completed in 2024
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 $‍57,800 from the bank
years
months
Mortgage from TBC Bank
from
7,4
%
interest
rate
from
8,3
%
effective interest
rate
≈ $
5 012
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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