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Commercial Property for Sale: 1143m² in Batumi, Alliance Palace – $3 200 000
Sherif Khimshiashvili St, 5
Batumi, Khimshiashvili District
8 769 120 ₾
7 672 ₾ per m2
0% commission
₾
$
Hotel
purpose
purpose
1 143 m2
total area
area
1 floor
out of 41
out of 41
Feature of the layout
Layout
Hotel
Year of construction
Year of construction
2019
Listed
Listed
9 ნოემბერის 2024
Updated
Updated
15 მაისის 2025
Description from the seller
Hotel for sale. The total area of the hotel is 1143 m2 and consists of 23 apartments as well as an office and laundry. Of the 23 apartments, there is 1 duplex, 7 apartments with 1 bedroom (1+1), 11 studios, and 4 deluxe studios (spacious studios with Jacuzzi). The hotel has been in operation since summer 2022, and due to the presence of a casino in the complex, the apartments are in demand all year round.
Building location
Batumi, Khimshiashvili District,
Sherif Khimshiashvili St, 5Mortgage 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
Mortgage from TBC Bank
from
12,9
%
interest
rate
from
15,02
%
effective interest
rate
≈
665 399
₾
payment for
month
9 300 156
₾
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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