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Commercial Property for Sale: 2140m² in Batumi, Petre Melikishvili Street – $2 900 000

Petre Melikishvili Street
Batumi, Rustaveli District
‍‍7 922 858 ₾
‍3 701 ₾ per m2
$
Hotel
property type
property type
2 140 m2
total area
area
8 floor
out of 8
out of 8
Listed
Listed
10 April 2025
Updated
Updated
12 May 2025

Description from the seller

Sale: - district of 6 May Park - absolutely new #Hotel - 40 rooms - 8 floors - fully furnished and equipped - Total area of the building is 2140 sq. m. - Gas is available - Price is 2.9 million $

Building location

Batumi, Rustaveli District,
Petre Melikishvili Street

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 ‍6 734 429 ₾ from the bank
years
months
Mortgage from TBC Bank
from
12,9
%
interest
rate
from
15,02
%
effective interest
rate
601 185
payment for
month
8 402 649
total for real
estate
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 — TIBR1M. An additional fee for life/property insurance is added to the monthly payment.
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