Commercial property for sale: 195 m² in Batumi, Colorit Palace – $600,000

David Kldiashvili St, 11
$‍‍600,000
$‍3,077 per m2
$
195 m2
total area
area
1 floor
out of 8
out of 8
Facade property
Facade
Yes
Listed
Listed
4 days ago
Updated
Updated
4 days ago

Description

Commercial space with long-term tenant in Old Batumi Commercial space for sale in Old Batumi at 11 Kldiashvili St. Excellent investment property with an active long-term lease agreement ensuring stable income. ✅ Prestigious location in Old Batumi ✅ Already leased under a 12-year contract (1 year passed) ✅ Ready-made rental business with stable income ✅ VAT included in the price ✅ Individual air conditioning and ventilation system with roof exhaust — a major advantage for restaurants, cafes, salons, clinics, and other commercial projects An excellent option for investors looking for a turnkey commercial property with a long-term tenant. ID: 7264051
Property ID: 821533ID specified by the author: 7264051

Building and location

David Kldiashvili St, 11
Batumi, Rustaveli District, Colorit Palace
8 floors
Completed in 2024
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 $‍510,000 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
44 317
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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