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Commercial property for sale: 693 m² in Batumi, Nestor Malazoni St – $1,500,000

Nestor Malazoni St
$‍‍1,500,000
$‍2,165 per m2
$
Office
property type
property type
693 m2
total area
area
4 floor
out of 4
out of 4
Number of bathrooms
Bathrooms
3 bathrooms
Living area
Living area
693 m2
Ceiling height
Ceiling height
3 m
Additional
Additional
Balcony
Listed
Listed
Today, 11:47
Updated
Updated
Today, 11:47

Description from the seller

A 4-story commercial space for sale in Batumi, at 59, 26 May St. The total area of the building is 562.48 sq. m, with an auxiliary building area of 131 sq. m. Construction details: reinforced concrete frame, 30 cm walls insulated with 5 cm XPS, finished with decorative (Munich) plaster. The courtyard features industrial concrete flooring. 1st floor: 134.16 sq. m area including an 18.39 sq. m entrance, 66.34 sq. m hall, bathroom, storage room, and a 49.43 sq. m office. 2nd, 3rd, and 4th floors: each floor features four isolated rooms with private bathrooms. The 2nd floor is equipped with a kitchen containing all necessary appliances. The building is equipped with central heating, cooling, and ventilation systems (with individual controls), as well as hot water. New sewage networks are installed. It also features an uninterruptible power supply system with a central 20 kVA UPS. Fire safety, surveillance systems, and internet communication networks are fully installed throughout the building. The property is suitable for a hotel, medical facility, banking/financial institution, or various types of office use.
Speaks: ქართული

Building and location

Nestor Malazoni St
Batumi, Bagrationi District
All listings for sale

Contact seller

გია კომახიძე
გია კომახიძე
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 $‍1,275,000 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
111 974
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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