1/19

Commercial property for sale: 461 m² in Batumi, Subtropic City – $1,200,000

Sherif Khimshiashvili St, 1
$‍‍1,200,000
$‍2,603 per m2
commission-free
$
Hotel
property type
property type
461 m2
total area
area
17 floor
out of 25
out of 25
Listed
Listed
Yesterday, 20:42
Updated
Updated
Yesterday, 20:42

Description

Operating premium hotel for sale on the 1st line in Batumi The property is a luxury split-level penthouse. 📍 Location: 1 Sh. Khimshiashvili st, (New Boulevard, by the sea) 📊 Key parameters: • Floor: 17 and 18 • Area: 461 sq. m (actual area is larger) • Rooms: 9 turnkey designer rooms (7 Standard, 2 Suite) 💎 Key advantages: • private parking • top-tier location: beach across the road, McDonald's, restaurants, and fountains within walking distance. Stable foot traffic • rooftop terrace (217 sq. m) • 360° views: breathtaking sea, mountain, and city panoramas from all rooms and the terrace (high ratings on Booking/Airbnb) • turnkey format: fully equipped with premium furniture, appliances, and textiles ⚖️ Security and deal terms: • 1 adult owner. No debts, mortgages, liens, or encumbrances • double benefit: ultra-premium real estate with growing value + high passive ROI (can be managed by a management company) Price: $1,200,000 non-negotiable
Property ID: 857129ID specified by the author: АП 2408

Building and location

Sherif Khimshiashvili St, 1
Batumi, Rustaveli District, Subtropic City
19 floors
Completed in 2016
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 $‍1,020,000 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
88 634
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.
Do you like this property?
Add to favorites so you will not lose it or send a link to someone who helps you with the choice of housing
How can we improve this page?