6 photos

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

David Kldiashvili St, 11
$‍‍600,000
$‍3,077 per m2
commission-free
$
195 m2
total area
area
1 floor
out of 8
out of 8
Listed
Listed
17 days ago
Updated
Updated
17 days ago

Description

Commercial space for sale – a turnkey investment asset with income from day one 📍 Kldiashvili, 11 – one of the most valuable locations in Old Batumi. Just minutes away – May 26 Park, Batumi Boulevard, Nurigeli Lake, the sea, Rustaveli Avenue, and all essential urban infrastructure. This area combines high traffic density with a prestigious residential environment. The commercial space is already leased to a supermarket chain for 10 years. 💰 Guaranteed rental income – $36,000 per year. 🏢 Elite club house 📈 Long-term tenant – minimum hassle and predictable cash flow. 📐 195 m2 💵 $600,000
Property ID: 857824

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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