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Commercial Property for Sale: 1300m² in Batumi, Ilia Chavchavadze Street, 6 – $3 500 000

Ilia Chavchavadze Street, 6
Batumi, Old City
‍‍9 663 920 ₾
‍7 432 ₾ per m2
$
Hotel
purpose
purpose
1 300 m2
total area
area
Feature of the layout
Layout
Hotel
Listed
Listed
24 March 2025
Updated
Updated
24 March 2025

Description from the seller

✔️Area - 1300 sq.m. ✔️4-storey ✔️On the top floor there is an open terrace. ✔️There are 34 rooms in the hotel. ✔️The cable car is a 5-minute walk away. ✔️The hotel has an old renovation that requires updating. ✔️Previously there was a casino on the ground floor, but there are currently no slot machines, as the casino is closed.

Building location

Batumi, Old City,
Ilia Chavchavadze Street, 6

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 ‍8 214 332 ₾ from the bank
years
months
Mortgage from TBC Bank
14,5
%
annual interest
rate
739 475
payment for
month
16,97
%
effective interested rate that linked to a public
index
10 323 288
total for real
estate

Contact seller

Luka
Luka
Agent
Agent
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