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Commercial property for sale: 492 m² in Batumi, Aleksandre (Shoshia) Chkheidze St, 48 – $550,000

Aleksandre (Shoshia) Chkheidze St, 48
$‍‍550,000
$‍1,118 per m2
commission-free
$
Hotel
property type
property type
492 m2
total area
area
Additional
Additional
Balcony
Listed
Listed
Today, 10:26
Updated
Updated
Today, 10:26

Description from the seller

Urgent sale of a turnkey business – a 3-story hotel in the private sector and a small residential house, located on the same plot in the Boni district on Chkheidze St. Total land area: 337 m2 Free land area (not occupied by buildings): 170 m2 Non-agricultural land status! Hotel: 422 m2 Residential house: 70 m2 Hotel: 10 rooms, including 8 guest rooms + a 2-story lobby with internal balconies and a staircase, a lounge with a fireplace, a separate shared kitchen, 8 bathrooms, and 1 laundry room. Residential house: Duplex. • first floor: living room, kitchen, bathroom • second floor: 3 bedrooms
Speaks: english, русский, ქართული

Building location

Batumi, Boni-Gorodok District
, Aleksandre (Shoshia) Chkheidze St, 48

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 $‍467,500 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
41 057
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 — Term SOFR.
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