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Commercial property for sale: 670 m² in Kvariati, Ioane Lazi St, 2 – $1,200,000

$‍‍1,200,000
$‍1,791 per m2
commission-free
$
Hotel
property type
property type
670 m2
total area
area
5 floor
out of 5
out of 5
Listed
Listed
11 მაისის 2025
Updated
Updated
2 თებერვალის 2026

Description from the seller

Ready-to-run business for sale – a five-story hotel in an eco-friendly area of the Black Sea coast, near Batumi. Located just a 4-minute walk from the shoreline with a sea view. The building features 12 apartments equipped with private kitchens, bedrooms, furniture, and appliances: • 3 studio apartments • 7 family apartments with 1 separate bedroom • 2 large family apartments with 2 bedrooms High-quality renovation! An ideal investment opportunity!
Speaks: english, русский, ქართული

Building location

Kvariati
, Ioane Lazi St, 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 $‍1,020,000 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
89 579
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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