9 photos
Commercial property for sale: 310 m² in Batumi, Colorit Palace – $395,000
$395,000
$1,274 per m2
commission-free
₾
$
310 m2
total area
area
1 floor
out of 8
out of 8
Listed
Listed
6 days ago
Updated
Updated
6 days ago
Description
Basement commercial space for sale – a turnkey investment asset with income from day one
📍 Kldiashvili, 11 – one of the most prestigious locations in Old Batumi.
Just minutes away from May 26 Park, Batumi Boulevard, Nurigeli Lake, the sea, Rustaveli Avenue, and all essential city infrastructure. This area combines high foot traffic with a premium residential environment.
The commercial space is leased for 5 years.
💰 Guaranteed rental income – $33,600 per year.
🏢 Elite club-style house
📈 Long-term tenant – minimum hassle and predictable cash flow.
A property that requires no tenant search and generates income immediately.
Apartments are also available for sale in this building.
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Property ID: 852260
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
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
29 175
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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