5-room townhouse for sale in Batumi, Memed Abashidze St, 13/3 — 464 m² for $1,600,000

Memed Abashidze St, 13/3
$‍‍1,600,000
$‍3,448 per m2
commission-free
$
464 m2
house area
area
3 floors
in the house
in the house
Type of house
Type of house
Townhouse
Number of rooms
Rooms
5 rooms
Number of bedrooms
Bedrooms
4 bedrooms
Number of bathrooms
Bathrooms
2 bathrooms
Listed
Listed
Yesterday, 13:03
Updated
Updated
Yesterday, 13:03

Description from the seller

A standalone building is offered for sale in Old Batumi – in the heart of the city's tourist and commercial center. Total area – 464 m² Layout: 1st floor – 154 m² Commercial space with an existing tenant • Income: $4000 per month • Suitable for a restaurant, café, boutique, shop, or service business 2nd floor – 155 m² Spacious room with a fireplace • Suitable for a restaurant hall, lounge space, office, showroom, or salon 3rd floor – 155 m² 4 separate bedrooms • Can be used for living, apartments, a mini-hotel, or office spaces Location: Old Batumi is one of the city's most prestigious and in-demand areas: • constant flow of tourists and locals • walking distance to the seaside and main attractions • surrounded by top restaurants, cafés, hotels, and shops • high business activity and rental demand Usage options: • restaurant + lounge + guest rooms • boutique hotel / guest house • commercial building with floor-by-floor rental • corporate office with representative function • mixed-use: business + living Property advantages: • immediate rental income from day one • potential to increase profitability using upper floors • flexible layout for various business formats • prime liquid real estate in the city center

Building location

Batumi, Old City
, Memed Abashidze St, 13/3

Contact seller

Welcome Real Estate
Welcome Real Estate
Agent
Agent

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 $‍1,360,000 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
119 439
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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