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3-room apartment for sale in Batumi, Palm Apartments — 164 m² for $360,000

$‍‍360,000
$‍2,195 per m2
commission-free
$
3-room
apartment
apartment
164 m2
total area
area
5 floor
out of 8
out of 8
Number of bedrooms
Bedrooms
2 bedrooms
Number of bathrooms
Bathrooms
1 bathroom
Living area
Living area
150 m2
Kitchen area
Kitchen area
15 m2
Ceiling height
Ceiling height
2.8 m
Additional
Additional
Balcony
Project
Project
Developer
Developer
Year of construction
Year of construction
2015
Listed
Listed
31 March 2026
Updated
Updated
31 March 2026

Description from the seller

Palm Apartments is a low-rise premium complex of curved white architecture set on a landscaped seafront plot 100 metres from the beach, with an outdoor pool, eucalyptus grove, and dedicated recreation areas visible from the aerial view. The apartment on the 5th floor of 8 is offered in shell condition: partition walls are framed in moisture-resistant drywall with plumbing and ventilation roughed in; the layout is open and ready for a custom fit-out. The complex includes a multi-level underground parking garage, and the sale price includes one parking space. Investment Potential A 164 sq m shell apartment in an established low-rise premium complex 100 metres from the Batumi seafront – with pool, grounds, and underground parking included in the price – is positioned for buyers targeting the upper tier of the furnished rental market. The scale of the unit and the infrastructure of the complex support long-term corporate and family tenants as well as high-value short-term rental formats, both of which show sustained demand in Batumi's central districts. Georgia's rental income tax is 5%, and capital gains tax is 5%. Infrastructure: • outdoor swimming pool • eucalyptus grove and landscaped recreation areas • multi-level underground parking (1 space included in price) • central utilities connected • central air conditioning system • 100 m to beach • shell condition – ready for custom fit-out Specifications: • total area: 164 sq m • condition: shell • floor: 5 of 8 • parking: underground (included)
Speaks: ქართული, русский, english

Building location

Batumi, Old City, Palm Apartments
, Suliko Zghenti St, 1

Contact seller

George Polyakov
George Polyakov
Agent
Agent

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 $‍306,000 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
26 874
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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