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Commercial property for sale: 780 m² in Batumi, Memed Abashidze Street, 10 – $1,500,000

Memed Abashidze Street, 10
Batumi, Old City
‍‍4 064 085 ₾
‍5 210 ₾ per m2
commission-free
$
Hotel
property type
property type
780 m2
total area
area
1 floor
out of 4
out of 4
Ceiling height
Ceiling height
3 m
Year of construction
Year of construction
2021
Listed
Listed
Yesterday, 09:55
Updated
Updated
Yesterday, 09:55

Description from the seller

For sale in Batumi – a unique 4-storey building in the historical center, just 400 meters from the beach. Perfect for investment, boutique hotel development, or commercial use. About the property: Total area: 780 sq.m 1st floor: 150 sq.m fully equipped and furnished cafe with top-quality repair and appliances 2nd floor: 140 sq.m (black frame) 3rd floor: 240 sq.m (black frame) 4th floor: 250 sq.m (black frame) Monolithic frame construction, flexible layout potential. Location highlights: Surrounded by Batumi’s most iconic landmarks: Piazza Square, Medea Statue, Europe Square, Neptune Fountain, Ali & Nino, Batumi Mosque, Argo Cable Car, Alphabet Tower, and more. Walking distance to shops, clinics, restaurants, stadium, boulevard and tourist hotspots. Ideal for: Hotel or aparthotel project Commercial and office rental Restaurant or concept store Capital preservation and growth Interested? Request full presentation and profit model Book a viewing Explore legal and financial terms Complete the deal remotely Secure your position in Batumi’s premium real estate market Turnkey transaction. Fair terms. Full legal support. You invest — NIKO Real Estate takes care of the rest.

Building location

Batumi, Old City,
Memed Abashidze Street, 10

Contact seller

Niko
Niko
Realtor of the agency Niko
Realtor of the agency Niko

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 ‍3 454 472 ₾ from the bank
years
months
Mortgage from TBC Bank
from
12,9
%
interest
rate
from
15,02
%
effective interest
rate
308 382
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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