🏛️ Unique investment property for sale in Old Batumi — ideal for residence, hotel, or commercial use! ✨
📍 Address: 9 Alexandre Kazbegi St, Old Batumi
💰 Price: $1,450,000
This is an exceptional opportunity for those seeking a large-scale investment property in the historical and tourist heart of Batumi.
📐 Key features:
🏙️ Total building area: 670 sq. m
🌳 Land plot: 375 sq. m
🌿 Backyard: 200 sq. m
🏠 Floors: 4
🚪 Total rooms: 12
🛌 Bedrooms: 5
📏 Ceiling height: 3.8–4 m
🌅 Balconies on both front and back sides on all floors
✨ Property highlights:
🏨 Perfect for a boutique hotel! The layout, number of rooms, large veranda, and prime tourist location provide excellent potential for a hotel or apart-hotel business.
🏠 Multi-functional space:
The building includes:
• 12 rooms
• 5 bedrooms
• additional study/office
• kitchen with dining area
• large 50 sq. m hall
• 4th floor: 70 sq. m studio-style living room and 2 bedrooms
• 90 sq. m veranda in the yard
• isolated kitchen on the first level of the veranda
• 7 bathrooms
🛁 One floor features a spacious 36 sq. m bathroom with a jacuzzi.
💼 Additional investment benefit:
💰 A 67 sq. m commercial space on the ground floor is currently rented for $1,000. It has a separate street entrance, providing immediate rental income.
🏗️ Expansion potential:
Possibility to add two additional floors. A structural plan exists, and according to the owner, the foundation is designed for extra load. Expansion is subject to technical inspection and permit confirmation.
📍 Prime location — Old Batumi
Situated in the city's most historical and tourist-friendly neighborhood, maximizing potential for hospitality or other commercial projects.
🔑 A rare opportunity for investors — high-potential real estate in the heart of Old Batumi!