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Commercial Property for Sale: 2140m² in Batumi, 26 May Street, 29ა – $2 950 000

26 May Street, 29ა
Batumi, Rustaveli District
‍‍8 054 444 ₾
‍3 765 ₾ per m2
0% commission
$
Hotel
property type
property type
2 140 m2
total area
area
Listed
Listed
1 მაისის 2025
Updated
Updated
13 მაისის 2025

Description from the seller

Hotel for sale in the center of Batumi. With amazing views and lots of potential. The hotel has 42 rooms, a large lobby and a terrace with a canopy where you can arrange a restaurant. Its own heating system, as well as a continuous generator that will provide electricity when the lights are turned off. Top location, you can invest both in the hotel business and sell individual rooms piece by piece. Lot K014EM

Building location

Batumi, Rustaveli District,
26 May Street, 29ა

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 ‍6 846 277 ₾ from the bank
years
months
Mortgage from TBC Bank
from
12,9
%
interest
rate
from
15,02
%
effective interest
rate
611 170
payment for
month
8 542 207
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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