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Commercial Property for Sale: 600m² in Poti, Adjara Street – $300 000

Adjara Street
‍‍818 319 ₾
‍1 363 ₾ per m2
commission-free
$
Warehouse
property type
property type
600 m2
total area
area
1 floor
out of 1
out of 1
Listed
Listed
21 January 2025
Updated
Updated
13 May 2025

Description from the seller

A hangar with a plot of land is for sale in the port of Poti. The property is being sold as a ready-made rental business. The industrial zone is free to lease for 10 years, with the right to extend it for 25 years. The annual rent for the hangar is $48,000, the plot is $4,000. The facility is under initial construction, land has been prepared for filling the foundation, and utilities have been connected. The completion date is May 2025. Lot 2785OE

Building location

Poti,
Adjara Street

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 ‍695 571 ₾ from the bank
years
months
Mortgage from TBC Bank
from
12,9
%
interest
rate
from
15,02
%
effective interest
rate
62 094
payment for
month
867 876
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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