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Studio apartment for sale in Batumi, Mardi Corner Yard — 30 m² for $64,950

$‍‍64,950
$‍2,165 per m2
commission-free
$
1-room
apartment
apartment
30 m2
total area
area
3 floor
out of 5
out of 5
Feature of the layout
Layout
Studio
Number of bedrooms
Bedrooms
1 bedroom
Number of bathrooms
Bathrooms
1 bathroom
Listed
Listed
Today, 12:02
Updated
Updated
Today, 12:06

Description from the seller

Urgent sale of a 1-room apartment in the Old Town, the very heart of Batumi, next to Piazza Square. Prime location. Always in high demand for rent. Every tourist dreams of staying in this area. The urgent sale price is significantly below market value, as prices in this location start from $3,000 per sq. m. Apartment 29.1 sq. m: • main area is a room, small 0.4 sq. m French balcony with space for drying clothes • 2 windows in the apartment • dedicated bedroom area • a huge 3.5-meter built-in wardrobe divides the apartment into 2 parts • brand new renovation, high-end appliances, renovated for personal use, owner-occupied, never rented out • large Samsung double-door refrigerator • microwave • air conditioning • large plasma TV • 2 radiators, heated towel rail • central heating • gas connected, includes a gas stove • 2 workspaces for those working remotely from home • windows overlook a quiet, green shared courtyard • 5 apartments on the floor, elevator available Top location. High rental potential; studios in this area during peak season cost around $100/night on Airbnb. Price is below market due to the owner moving. Residential status, all documents are in order, no encumbrances, quick deal. No agents

Building and location

Stepane Zubalashvili St, 1
Batumi, Old City, Mardi Corner Yard
5 floors
Completed in 2018
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 $‍55,207 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
4 797
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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