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Commercial property for sale: 1,080 m² in Batumi, Angisa St – $800,000

$‍‍800,000
$‍741 per m2
$
Hotel
property type
property type
1 080 m2
total area
area
Listed
Listed
Yesterday, 13:17
Updated
Updated
Yesterday, 13:17

Description

Investment cottage cluster for sale on New Boulevard A ready-made foundation for multiple revenue strategies. 📍 New Boulevard 🌿 Plot: 1054 sq. m 🏠 8 cottages: • 5 × 120 sq. m • 1 × 130 sq. m • 1 × 250 sq. m • 1 × 100 sq. m 📐 Total area (including terraces): 1080 sq. m 🌊 On-site facilities: • swimming pool ~11 m / 4 m • landscaping with unique plants • gated, private environment ⚠️ Cottages require renovation — which is precisely the main growth potential 💰 Price: $800,000 💡 Business opportunities: 1️⃣ Rental project (cash flow) Stylish renovation → daily or mid-term rentals Format: "seaside villas" 👉 high rates + seasonal demand 2️⃣ Flip (resale) Update interiors → brand/package → sell individually 👉 profit from the increase in price per sq. m 3️⃣ Boutique hotel / apart-hotel 8 units + pool = a nearly finished product 👉 can be self-managed or handed to a management company 4️⃣ Private club project Unified design, concept, and management company 👉 selling a lifestyle product rather than just square meters 5️⃣ Hybrid model Sell some units → keep others for rent 👉 recoup investment + retain the asset Don't forget to ❣️ save and share with anyone looking for investment opportunities
Property ID: 823233
Svetlana Orlenko
Svetlana Orlenko
Agent
Agent
Speaks: русский

Building and location

Batumi, Airport District
, Angisa St

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 $‍680,000 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
59 089
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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