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3-room house for sale in Batumi, Parnavaz Mepe St, 82 — 95 m² for $575,000

$‍‍575,000
$‍6,053 per m2
$
95 m2
house area
house
235 m2
land area
plot
1 floor
in the house
in the house
Number of rooms
Rooms
3 rooms
Number of bedrooms
Bedrooms
2 bedrooms
Number of bathrooms
Bathrooms
1 bathroom
Listed
Listed
132 days ago
Updated
Updated
11 days ago

Description

A plot of land with a house in the heart of Old Batumi – a rare property with income and development potential. In the very historical center of Batumi, a residential house with a 235 m² land plot is for sale. Such properties rarely appear in this part of the city: there is practically no vacant land left, and the demand for real estate in the center is sustained by limited supply. Property details: • plot – 235 m² • residential house – 95 m² • kitchen – 20 m² • 2 bedrooms • living room • combined bathroom • separate storage room An additional advantage is a 13 m² commercial space currently operating as a flower shop. The premises are already rented out and generate income for the owner. The main value lies in the development potential. The owner is currently undergoing the second stage of approval for a multi-functional building project up to 6 floors. Thus, the buyer receives not only a ready-to-use house and commercial income but also the opportunity to implement a larger-scale project in one of Batumi's most sought-after locations. Perfect for an investor, developer, or buyer looking for a rare property in the center with an additional source of income and capital growth potential. This property is all about location, land, and perspective. Such offers are a great rarity in Old Batumi. ID: 274159
Property ID: 597191
BD Realty
BD Realty
Agent
Agent
Speaks: ქართული, русский, english

Building and location

Parnavaz Mepe St, 82
Batumi, Rustaveli District
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 $‍488,750 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
42 470
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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