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Commercial Property for Sale: 410m² in Batumi, Alexander Kazbegi Street, 4 – $1 500 000

Alexander Kazbegi Street, 4
Batumi, Rustaveli District
‍‍4 110 524 ₾
‍10 026 ₾ per m2
0% commission
$
Hotel
purpose
purpose
410 m2
total area
area
1 floor
out of 4
out of 4
Feature of the layout
Layout
Hotel
Listed
Listed
3 February 2025
Updated
Updated
13 May 2025

Description from the seller

A former hotel building is for sale in the heart of Batumi, the Old Town. The building is located on a plot of 616 square meters. You can use the indoor restaurant, hotel, kindergarten, private club. The status of the land plot allows the construction of a larger building. This part of the city has the most expensive and popular real estate.! It's a great investment. Lot K008DL

Building location

Batumi, Rustaveli District,
Alexander Kazbegi Street, 4

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 ‍3 493 945 ₾ from the bank
years
months
Mortgage from TBC Bank
from
12,9
%
interest
rate
from
15,02
%
effective interest
rate
311 906
payment for
month
4 359 451
total for real
estate
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. An additional fee for life/property insurance is added to the monthly payment.
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