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Land for sale in Batumi, 3,298 m² for $1,500,000

Oltisi St, 2
$‍‍1,500,000
commission-free
$
3 298 m2
land area
area
Listed
Listed
13 February 2025
Updated
Updated
4 February 2026

Description from the seller

Land for sale in Batumi, ideal for building a modern residential house or complex. The project has already been submitted to the Public Service Hall and will be converted to non-agricultural status within a few months. The plot is designed for the construction of a 12-story residential building with underground parking. The plot is located in the Airport district, in a quiet and cozy area away from city noise, making it an excellent choice for comfortable living. Price: $1,200,000 without the project, $1,500,000 with the project Price per m2: $364 / $455 Lot 2862ОВ

Plot location

Batumi, Airport District
, Oltisi St, 2

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 $‍1,275,000 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
111 974
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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