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5-room house for sale in Batumi, Peter Chaikovski St, 59 — 437 m² for $1,880,000

$‍‍1,880,000
$‍4,302 per m2
₾
$
437 m2
house area
house
750 m2
land area
plot
2 floors
in the house
in the house
Number of rooms
Rooms
5 rooms
Number of bedrooms
Bedrooms
4 bedrooms
Number of bathrooms
Bathrooms
3 bathrooms
Listed
Listed
12 hours ago
Updated
Updated
12 hours ago

Description

🏛 Sale: Historic Building 437 sq. m + 750 sq. m Plot Chaykovskogo st, 59, Batumi Price: $1,880,000 Premium lot for an educational, medical, or hotel project in the historic center. 🔹 Location: Petra Chaykovskogo st 🔹 Area: 437 sq. m building + 750 sq. m land plot 🔹 Architecture: High ceilings, decorative moldings, historical value 🔹 Layout: numerous isolated rooms, spacious halls, covered terrace, basement/garage 🔹 Condition: Requires major renovation/reconstruction 💡 Investment potential: The primary value lies in the scarce land (750 sq. m) in the city center. An ideal object for value-add investments: investing in reconstruction will allow you to create a unique space (e.g., a private school with its own campus) and significantly increase capitalization. A liquid asset that maintains its value. 📞 Contact us to receive the document package and schedule a viewing ID: 346623
Property ID: 1010498ID specified by the author: 346623
BD Realty
BD Realty
Agent
Agent
Speaks: ქართული, русский, english

Building and location

Peter Chaikovski St, 59
Batumi, Bagrationi District
1955
All listings for sale

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 $‍1,598,000 from the bank
years
months
Mortgage from TBC Bank
from
7,4
%
interest
rate
from
8,3
%
effective interest
rate
≈ $
138 565
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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