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10-room townhouse for sale in Batumi, Alexander Kazbegi St, 9 — 670 m² for $1,270,000

$‍‍1,270,000
$‍1,896 per m2
commission-free
₾
$
670 m2
house area
area
4 floors
in the house
in the house
Type of house
Type of house
Townhouse
Number of rooms
Rooms
10 rooms
Number of bedrooms
Bedrooms
6 bedrooms
Number of bathrooms
Bathrooms
3 bathrooms
Living area
Living area
670 m2
Additional
Additional
Balcony
Listed
Listed
29 days ago
Updated
Updated
4 hours ago

Description

🏛️ Unique investment property for sale in Old Batumi — suitable for residential, hotel, or commercial use! ✨ 📍 Address: Alexander Kazbegi st, 9, Old Batumi 💰 Price: $1,270,000 This is an exceptional opportunity for those seeking a large-scale investment property in the historical and most active tourist district of Batumi. 📐 Key features: 🏙️ Total building area: 670 m² 🌳 Land plot: 375 m² 🌿 Backyard: 200 m² 🏠 Floors: 4 🚪 Total rooms: 12 🛌 Bedrooms: 5 📏 Ceiling height: 3.8–4 m 🌅 Balconies on both front and back sides on every floor ✨ Building advantages: 🏨 Perfect for a hotel or boutique hotel! The layout, room count, large veranda, and prime location in the tourist zone create excellent potential for a hotel, apart-hotel, or other tourism-related development. 🏠 Multi-functional space: The building includes: • 12 rooms • 5 bedrooms • additional study/office • kitchen with dining area • a 50 m² grand hall • fourth floor: 70 m² studio-style living room and 2 bedrooms • 90 m² veranda in the courtyard • separate kitchen on the first level of the veranda • 7 bathrooms 🛁 One floor features a spacious 36 m² bathroom with a jacuzzi. 💼 Added investment value: 💰 A 67 m² commercial space on the ground floor is currently rented for $1,000. It has a private street entrance, providing the owner with immediate rental income. 🏗️ Expansion potential: There is potential to add two additional floors. A structural plan exists, and according to the owner, the foundation is designed for the extra load. This possibility is subject to technical verification and official permits. 📍 Prime location — Old Batumi Located in the heart of the historic district, the property offers high potential for hotel development, tourist accommodation, or other commercial projects. 🔑 A rare find for investors — a high-potential property in the center of Old Batumi!
Property ID: 963632

Building and location

Alexander Kazbegi St, 9
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 $‍1,079,500 from the bank
years
months
Mortgage from TBC Bank
from
7,4
%
interest
rate
from
8,3
%
effective interest
rate
≈ $
93 605
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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