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Commercial property for sale: 1,300 m² in Batumi, Ilia Chavchavadze Street, 10 – $3,500,000

Ilia Chavchavadze Street, 10
Batumi, Old City
‍‍9 490 425 ₾
‍7 299 ₾ per m2
$
Hotel
property type
property type
1 300 m2
total area
area
4 floor
out of 4
out of 4
Ceiling height
Ceiling height
3.1 m
Additional
Additional
Balcony, Terrace 87 m2
Year of construction
Year of construction
2004
Listed
Listed
14 ივლისის 2025
Updated
Updated
14 ივლისის 2025

Description from the seller

CURRENT BUSINESS FOR SALE (HOTEL) IN BATUMI, I. CHAVCHAVADZE N10-12. THE LOCATION OF THE HOTEL IS ONE OF THE MOST OUTSTANDING, AS IT IS THE CENTER OF THE CITY, WHERE THOUSANDS OF TOURISTS GATHER DAILY. 5 MINUTES WALK FROM THE HOTEL: CABLE CAR, SHOPPING CENTER, SUPERMARKET, PHARMACY, BANK, ENTERTAINMENT CENTER, RESTAURANTS, BARS, CURRENCY EXCHANGE FACILITIES, ETC. ETC. THE HOTEL IS 4-STOREY, WHICH COMBINES A TOTAL OF 1300 SQUARE METERS AND COSTS $3,500,000. DETAILED INFORMATION: LOCATION: BATUMI, I. CHAVCHAVADZE STREET N10-12; CADASTRAL CODE: 05.01.48.005.01.005; TOTAL AREA: 1 300 (TWO OPEN VERANDAS, BAR AND 280 SQ. M COMMERCIAL AREA) SQ. M; NUMBER OF FLOORS: 4 FLOORS; NUMBER OF ROOMS: 36 ROOMS; COST OF 100% OF THE BUSINESS: 3 500 000 USD; IF YOU ARE INTERESTED, PLEASE CONTACT US AT THE NUMBER INDICATED IN THE APPLICATION.
Speaks: русский

Building location

Batumi, Old City,
Ilia Chavchavadze Street, 10

Contact seller

Giorgi bolkvadze
Giorgi bolkvadze
Agent
Agent

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 ‍8 066 861 ₾ from the bank
years
months
Mortgage from TBC Bank
from
12,9
%
interest
rate
from
15,02
%
effective interest
rate
720 132
monthly payment, a life/property insurance fee is added to the monthly
payment
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.
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