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Commercial property for sale: 2,704 m² in Batumi, Ivane Meskhi St, 45 – $460,000

Ivane Meskhi St, 45
$‍‍460,000
$‍170 per m2
commission-free
₾
$
2 704 m2
total area
area
1 floor
out of 1
out of 1
Listed
Listed
56 days ago
Updated
Updated
8 days ago

Description

Investment land plot of 2,704 sq. m for sale in a strategic location on the dynamically developing Ivane Meskhi Street in Batumi. The asset is situated near the airport and the New Boulevard, directly in the premium villas and townhouses neighborhood (Batumi Villas). The city's 4.5 million road infrastructure rehabilitation and a new kindergarten being built nearby make this area an excellent residential ecosystem. The plot's ideal geometric shape and full utilities provide an opportunity for the immediate development of a highly profitable gated community. For developers, this is a unique chance to secure a spot in Batumi's most in-demand suburban area. Cadastral codes: 05.32.24.366 05.32.10.028 05.32.24.122
Property ID: 847418
Anri Turmanidze
Anri Turmanidze
Agent
Agent
Speaks: ქართული

Building and location

Ivane Meskhi St, 45
Batumi, Airport District
All listings for sale

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 $‍391,000 from the bank
years
months
Mortgage from TBC Bank
from
7,4
%
interest
rate
from
8,3
%
effective interest
rate
≈ $
33 904
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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