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Commercial property for sale: 71.2 m² in Batumi, Horizon Grand Residence – $71,200

Angisa 1st Lane, 72 (Block B)
‍‍193 000 ₾
‍2 710 ₾ per m2
$
Hotel
property type
property type
71.2 m2
total area
area
6 floor
out of 27
out of 27
Developer
Developer
Year of construction
Year of construction
2027
Listed
Listed
19 August 2025
Updated
Updated
19 August 2025

Description from the seller

Two apartments for sale (35.6 m² each, 6th floor) in the Horizon Grand Residence complex under construction, Batumi. Completion — 2027. A great option for investors looking to earn passive rental income. 📍 Location: Batumi, a prestigious tourist area 🏠 The area of each apartment: 35.6 m² 🏢 Floor: 6 Why this is beneficial: • Batumi is one of the most popular resorts on the Black Sea with a high tourist flow all year round; • Full range of services: reception, swimming pool, fitness room, SPA, restaurant, security; • The hotel management company takes care of rent and maintenance — passive income; • During the construction phase, the price is significantly lower than it will be after delivery. Financial offer: The price per square meter is 1,000 USD. The cost of one apartment (35.6 m²) is 35,600 USD, two — 71,200 USD. At current rental rates in Batumi, the estimated annual income after delivery is 3,900—5,700 USD per apartment, which corresponds to ~11-16% per annum in foreign currency. Actual profitability depends on season, occupancy and management conditions. In addition, the cost may increase by the time of delivery in 2027. Terms of the deal: • Resale under an agreement with the developer; • The documents have been completed; • It is possible to sell one apartment or both. 💼 Ideal for investors who want to earn income in foreign currency without personal involvement.
Ринат Байгобатов
Ринат Байгобатов
Owner
Owner
Speaks: русский

More about the house

Angisa 1st Lane, 72
Block B
27 floors
Under construction
Start in Q4 2022
Completion in Q4 2027
Developer’s apartments
from ‍139 941 ₾

Contact seller

Ринат Байгобатов
Ринат Байгобатов
Owner
Owner

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 ‍164 050 ₾ from the bank
years
months
Mortgage from TBC Bank
from
12,9
%
interest
rate
from
15,02
%
effective interest
rate
14 645
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 — TIBR1M.
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