4-room apartment for sale in Batumi, Tapis Rouge Residence — 144 m² for $390,000

A large-format apartment of 144 sqm in a prestigious building in the heart of the Old City, requiring renovation and offered as a blank canvas. The floor plan accommodates up to three bedrooms, a kitchen-living zone, and two bathrooms; the configuration equally suits a high-end residential fit-out or a premium commercial use – showroom, salon, or office. The building has a premium entrance lobby and an established tenant mix consistent with a high-status address. Investment Potential A 144 sqm unit in a well-known central building with premium street presence offers a rare opportunity to create a bespoke asset – residential or commercial – in one of the Old City's most recognised addresses. At renovation-condition pricing, the buyer captures the location premium while controlling the specification entirely. Completed at a high standard, the unit targets either the top tier of the furnished rental market or premium commercial tenants. Georgia's rental income tax is 5%, and capital gains tax is 5%. Infrastructure: • premium entrance lobby • established high-status building • central Old City location • ground-floor retail on premises Specifications: • suitable for: residential, showroom, salon, office