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Commercial Property for Sale: 900m² in Batumi, Vakhtang Gorgasali Street – $2 200 000

Vakhtang Gorgasali Street
Batumi, Old City
‍‍6 028 770 ₾
‍6 697 ₾ per m2
$
Office
purpose
purpose
900 m2
total area
area
4 floor
out of 4
out of 4
Feature of the layout
Layout
Office
Listed
Listed
13 May 2025
Updated
Updated
13 May 2025

Description from the seller

Commercial building for sale in Old Batumi A unique opportunity for investors and businesses: In the heart of Old Batumi, a detached commercial building with modern architecture is for sale — a rare find in this area where it is almost impossible to find large properties. The total area of the building is 900 m². Each of the four floors ranges from 140 to 148 m². In addition, there is a high, comfortable basement and a roof terrace that can be arranged as you wish. The ceiling height is 3 meters. The building was built from scratch using modern technologies — a reinforced concrete frame with round columns, earthquake-resistant diaphragms and an elevator. The property is sold with tenants. Two well-known brand companies have already rented several floors. Price: USD 2,200,000 (VAT included) VAT can be refunded: $356,000. USA Estimated return on investment: about 9 years For any questions please call or email: [phone hidden]

Building location

Batumi, Old City,
Vakhtang Gorgasali 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 ‍5 124 454 ₾ from the bank
years
months
Mortgage from TBC Bank
from
12,9
%
interest
rate
from
15,02
%
effective interest
rate
457 462
payment for
month
6 393 860
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.

Contact seller

Tsurkava Property
Tsurkava Property
Agent
Agent
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