1/5
Commercial property for sale: 1,000 m² in Kutaisi, Nikea St – $950,000
$950,000
$950 per m2
₾
$
1 000 m2
total area
area
1 floor
out of 1
out of 1
Listed
Listed
9 days ago
Updated
Updated
9 days ago
Description
Commercial space for sale in Kutaisi on Nikea Street with its own parking zone.
The land area is 1000 sq. m, of which the building occupies 500 sq. m. The property is already rented out and generates income.
A project for a second floor is also approved, which can be built immediately after purchase. It is currently rented for 11,000 GEL, which is below market value.
Property ID: 976134ID specified by the author: 26370457
Building and location
Kutaisi
, Nikea StMortgage 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
Mortgage from TBC Bank
from
7,4
%
interest
rate
from
8,3
%
effective interest
rate
≈ $
70 019
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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