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Commercial property for sale: 250 m² in Ureki, Gabriel Episkoposi St – $270,000

$‍‍270,000
$‍1,080 per m2
$
Hotel
property type
property type
250 m2
total area
area
Listed
Listed
Today, 12:52
Updated
Updated
Today, 12:52

Description from the seller

Apart-hotel in Ureki, Georgia (the world's only resort with healing black magnetic sand). New building (250 sq. m), gasified, 4 fully equipped apartments: furniture, Smart TV, air conditioning (winter-summer) – everything is ready for rent from day one. • land: 400 sq. m Non-Agricultural – privately owned, available for purchase by foreigners • 70/30 mortgage available for Russian citizens Ready-to-go rental business with a 15% annual foreign currency yield. Price: $270,000

Building location

Ureki
, Gabriel Episkoposi St

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 $‍229,500 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
20 155
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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