4 photos

Commercial property for sale: 310 m² in Batumi, Colorit Palace – $395,000

David Kldiashvili St, 11
$‍‍395,000
$‍1,274 per m2
commission-free
$
310 m2
total area
area
1 floor
out of 8
out of 8
Listed
Listed
16 days ago
Updated
Updated
2 days ago

Description

Commercial space with a tenant for sale in Old Batumi This 310 m² commercial space is located on the ground floor of an elite club house. The property is already leased for 5 years and generates a guaranteed rental income of $33,600 per year. An excellent investment asset with income from day one and a long-term tenant. The location on Kldiashvili Street is one of the most sought-after in Old Batumi. Within a few minutes are 26 May Park, Batumi Boulevard, Nurigeli Lake, the sea, Rustaveli Avenue, and all necessary urban infrastructure. Location: Kldiashvili st, 11, Old Batumi Price: $395,000
Property ID: 853250
Анастасия Бутчик
Анастасия Бутчик
Agent
Agent
Speaks: русский, english, українська

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 $‍335,750 from the bank
years
months
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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