5 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
$
Shop
property type
property type
310 m2
total area
area
1 floor
out of 8
out of 8
Facade property
Facade
Yes
Listed
Listed
Today, 06:25
Updated
Updated
Today, 06:25

Description

Commercial space for sale on the ground floor with a tenant. An investment asset with income from day one. 📍 Kldiashvili, 11 – one of the most valuable locations in Old Batumi. The commercial space is already leased for 5 years. 💰 Guaranteed rental income – $33,600 per year. 🏢 Elite club house 📐 310 m2 📈 Long-term tenant – minimum worries and predictable cash flow. 💸 $395,000 🔥 Location: just a few minutes away from May 26 Park, Batumi Boulevard, Lake Nurigeli, the sea, Rustaveli Avenue, and all necessary urban infrastructure. This is an area where high traffic density meets a prestigious residential environment. A property that requires no tenant search and can generate income immediately.
Property ID: 853257
Михаил
Михаил
Agent
Agent
Speaks: ქართული

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.
Do you like this property?
Add to favorites so you will not lose it or send a link to someone who helps you with the choice of housing
How can we improve this page?