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7-room house for sale in Batumi, 1st St — 247.7 m² for $198,000

$‍‍198,000
$‍799 per m2
$
247.7 m2
house area
house
600 m2
land area
plot
2 floors
in the house
in the house
Number of rooms
Rooms
7 rooms
Number of bedrooms
Bedrooms
5 bedrooms
Number of bathrooms
Bathrooms
2 bathrooms
Kitchen area
Kitchen area
24.2 m2
Additional
Additional
Balcony, Terrace 32 m2
Listed
Listed
7 days ago
Updated
Updated
7 days ago

Description

Key Parameters: Location: Feria (promising area, 15 minutes to Batumi) House area: 247.7 m² (2 floors) Dimensions: 9.0 × 19.2 m Plot: 600 m² (privately owned) Layout: 5 bedrooms, 2 bathrooms, spacious kitchen-living room, balconies, terraces Technology: premium frame construction Transparent Terms: Final turnkey price: $198,000 Everything is included: construction, land plot, project management, legal support, and geodesy. No hidden fees. The price is fixed in the contract and does not change during the process. A detailed estimate and financial model are available upon request. ⚡ Why it is profitable: • speed: move-in or start of rental within 60–90 days after launch (5–8 times faster than concrete) • yield: net yield of 8.4% per annum after all operating expenses • space for family: 5 bedrooms — ideal for a large family or a boutique hotel business • growth potential: Feria is an actively developing district with a projected land value increase of +4% per year • savings: A+ energy class reduces heating and cooling costs by up to 40% Location (Feria): A promising district just 15 minutes from Batumi. A calm, quiet area with excellent transport accessibility. Feria is developing rapidly, showing steady growth in land and property values. Perfect for those seeking a profitable investment with growth potential and a spacious family home.
Property ID: 789340

Building and location

1st St
Batumi
2026
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 $‍168,300 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
14 625
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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