🏛️ 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!