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Commercial Property for Sale: 670m² in Kvariati, Ioane Lazi Street, 2 – $1 200 000

Ioane Lazi Street, 2
‍‍3 277 176 ₾
‍4 891 ₾ per m2
0% commission
$
Hotel
property type
property type
670 m2
total area
area
5 floor
out of 5
out of 5
Listed
Listed
11 May 2025
Updated
Updated
26 May 2025

Description from the seller

A ready-made business is for sale - a five-story hotel in an ecologically clean area of the Black Sea coast, near Batumi. Close to the coastline, 4 minutes' walk away, with sea views The building has 12 apartments with their own kitchens and bedrooms, furniture and appliances 3 studio apartments 7 family apartments with 1 separate bedroom 2 large family apartments with 2 bedrooms High-quality repair! An ideal investment option!

Building location

Kvariati,
Ioane Lazi Street, 2

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 ‍2 785 600 ₾ from the bank
years
months
Mortgage from TBC Bank
from
12,9
%
interest
rate
from
15,02
%
effective interest
rate
248 672
payment for
month
3 475 640
total for real
estate
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. An additional fee for life/property insurance is added to the monthly payment.
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