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

Ioane Lazi Street, 2
‍‍3 255 012 ₾
‍4 858 ₾ 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 мая 2025
Updated
Updated
Today, 10:38

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 ‍2 766 760 ₾ from the bank
years
months
Mortgage from TBC Bank
from
12,9
%
interest
rate
from
15,02
%
effective interest
rate
246 990
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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