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Commercial property for sale: 612 m² in Batumi, Ilia Chavchavadze Street, 30 – $950,000

Ilia Chavchavadze Street, 30
Batumi, Old City
‍2 586 907 ₾
4 226 ₾ per m2
commission-free
₾
$
Hotel
property type
property type
612 m2
total area
area
5 floor
out of 5
out of 5
Year of construction
Year of construction
2020
Listed
Listed
Yesterday, 14:13
Updated
Updated
Yesterday, 14:13

Description from the seller

Investment Hotel for sale in Batumi 📍 Location: Near Chavchavadze Street 🏨 Type: Newly renovated hotel 📐 Area: 612m² (497m² building + 115m² veranda) 🏡 Land area: 93m² 🛏️ Rooms: 16 fully equipped rooms with balconies 💼 Commercial space: Rented space on the first floor - monthly income 1000$ 💰 Price: 1000000$ (excluding VAT) 📞 Contact: [phone hidden]
Geo House
Geo House
Agent
Agent

Building location

Batumi, Old City,
Ilia Chavchavadze Street, 30

Contact seller

Geo House
Geo House
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 2 198 871 ₾ from the bank
years
months
Mortgage from TBC Bank
from
12,9
%
interest
rate
from
15,02
%
effective interest
rate
≈
196 294
₾
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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