11 photos

5-room house for sale in Batumi, Apsarosi 2nd Lane, 22 — 600 m² for $350,000

Apsarosi 2nd Lane, 22
$‍‍350,000
$‍583 per m2
commission-free
$
600 m2
house area
house
111 m2
land area
plot
3 floors
in the house
in the house
Number of rooms
Rooms
5 rooms
Number of bedrooms
Bedrooms
4 bedrooms
Number of bathrooms
Bathrooms
2 bathrooms
Living area
Living area
500 m2
Kitchen area
Kitchen area
10 m2
Ceiling height
Ceiling height
3.1 m
Additional
Additional
Balcony, Terrace 20 m2
Parking space
Parking space
Garage
Year of construction
Year of construction
1996
Listed
Listed
Yesterday, 08:52
Updated
Updated
Yesterday, 08:52

Description from the seller

🏠 Investment property in Gonio, Batumi (for mini-hotel / rental) 💰 Price: $350,000 📍 Location: Batumi, Gonio 📐 Area: 600 m² 🛏 Format: 8+4 (can be divided into units) High-yield potential property in a seaside tourist zone. Suitable for a mini-hotel, apartments, or studio rentals. 📊 Financial model (realistic scenario): 🔹 Division: 600 m² → ~12–16 studios / rooms 🔹 Average rental price: • high season (May–September): $50–$80/night • low season: $25–$40/night 🔹 Occupancy: • average annual: 55–65% 💵 Income: Based on 14 units: • average monthly income: $10,000 – $14,000 • annual income: $120,000 – $160,000 📉 Expenses (maintenance, management, utilities): ≈ 25–30% • net profit: $85,000 – $110,000 per year 📈 ROI (yield): ≈ 24% – 31% per annum ⌛ Payback period: 3 – 4 years 🚀 Growth potential: • real estate price growth in Gonio • increasing tourist flow in Batumi • resale potential as a turnkey business 📌 Why it’s a good deal: • price per m² is below market for this volume • flexible format (hotel / apartments / coliving) • quick launch after minor updates Interested in this property? • send a private message • get a detailed turnkey business plan • request a calculation based on your budget and strategy • book a viewing • receive a selection of similar investment properties Turnkey deal. Honest terms. Full support. You just move in — Niko real estate agency takes care of everything else.
Speaks: ქართული, русский

Building location

Batumi
, Apsarosi 2nd Lane, 22

Contact seller

Niko
Niko
Realtor of the agency Niko
Realtor of the agency Niko

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 $‍297,500 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
26 127
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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