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50-room house for sale in Batumi, Tamar Mepe 4th Lane, 4 — 4,315.3 m² for $950,000

Tamar Mepe 4th Lane, 4
$‍‍950,000
$‍220 per m2
commission-free
$
4 315.3 m2
house area
house
2 082 m2
land area
plot
11 floors
in the house
in the house
Number of rooms
Rooms
50 rooms
Number of bedrooms
Bedrooms
50 bedrooms
Number of bathrooms
Bathrooms
50 bathrooms
Parking space
Parking space
Courtyard
Listed
Listed
10 January 2025
Updated
Updated
28 September 2025

Description from the seller

For Sale: Apartment Building Project in Makhinjauri (Approved by City Hall) 📍 Address: 4 Tamar Mepe Lane, Makhinjauri 📏 Land Area: 2,082 m² 🏢 Number of Floors: 11 (total building area: 4,315.3 m²) 🏗 Total Area including other facilities: 5,320.3 m² 🏠 Number of Apartments: 50 💰 Price: $950,000 Project Description: For sale is a fully approved apartment building project consisting of 50 residential units. The first floor includes 5 apartments, and the 10th and 11th floors have 3 apartments each. The design also provides for a basement, restrooms, and commercial spaces. The project includes two elevators and a non-smoking stairwell. The rooftop is designed for either a sauna or an open terrace for leisure. Expansion Potential: The project has the potential to increase the number of floors, allowing the investor to significantly expand the living area and boost profitability by utilizing the existing structure. Parking: The design provides for 42 parking spaces, 14 of which are open-air, including 2 spaces for people with disabilities. The remaining parking spots are located within two autonomous smart parking systems for 14 cars each. Utilities: • Electrical wiring, water supply, and sewage systems are included in the project. • Ventilation shafts are provided. • Gas supply is not included in the project but can be added upon request. 📲 Contact: WhatsApp / Telegram

Building location

Batumi
, Tamar Mepe 4th Lane, 4

Contact seller

Екатерина Гончарова
Екатерина Гончарова
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 $‍807,500 from the bank
years
months
Mortgage from TBC Bank
from
9,9
%
interest
rate
from
11,93
%
effective interest
rate
≈ $
70 955
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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