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
$
310 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 on the basement 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 hassle and predictable cash flow. 💸 $395,000 🔥 Location: just a few minutes from May 26 Park, Batumi Boulevard, Lake Nurigeli, the sea, Rustaveli Avenue, and all necessary city infrastructure. This is an area where high traffic density meets a prestigious residential environment.
Property ID: 857828

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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