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29 Oct, 16:02
22
ID - 37172791

4 room Flat For Sale. Batumi

Boni-Gorodok District

226,000
₾$
1 m² - 2825 ₾
TBC
2,182₾ / month
HBG
2,055₾ / month
80m²

Area

4

Room

3

Bedroom

3/5

Floor

Area

80m²

Room

4

Bedroom

3

Floor

3/5

Description

🔥 INVESTMENT OFFER IN THE CENTER OF BATUMI! An apartment for those considering real estate not only for living but also as an investment with growth potential. 📍 Batumi, Akaki Tsereteli St. 🏛 Old town - across the street 📐 Area - 80 m² 🛏 3 bedrooms 🚪 4 rooms 🏠 Old housing stock 🔨 Requires major repairs 📊 Purchase price - only about $1,088 per m² in the central part of Batumi. Why is this property interesting for investors? ✅ Large area - 80 m² ✅ Central location ✅ Old Batumi in immediate proximity ✅ Clean documents ✅ There are bank valuations for mortgages ✅ Price significantly lower than many offers in new buildings in the center 🔥 The main investment potential is the possible renovation of the building. According to the owner's information, the house may fall under the renovation/demolition program in the future. In the event that such a scenario is realized, the compensation orientation is stated at around $2,000 per m². 80 m² × $2,000 = $160,000 Current purchase price - $87,000 Potential difference - $73,000. That is, potential growth - about 84% of the purchase price. ⚠️ Important: The building's inclusion in the renovation program, timelines, and the amount of future compensation are not guaranteed. This is an investment scenario that the buyer needs to assess separately. At the same time, the apartment remains a full-fledged asset: it can be renovated, used for living, rented out, or resold.

Details information

Bathroom

1

Condition

Old renovated

Status

Old built

Project

Non standard

Additional information

Balcony

Basement

Elevator

Furniture

Built-in Kitchen

Garage

Central heating

Last floor

Natural gas

Storage room

Comment

Urgent

Urgent

Mortgage calculator
TBC
HBG
Property value226,000 ₾
Down payment 20%
45,200₾
Loan term
15Year

Benchmark interest rate from 12.1% / Benchmark effective rate from 14.21%. The nominal and effective interest rate tied to a public index represents the minimum amount for the credit product. The actual data will be specified at the time of loan approval. The interest rate shown in the table is linked to a public index - TIBR1M

Interest

Down payment

Base

Monthly payment2,182 ₾
Total payment437,879 ₾
TBC

Choose a house of any value and get full financing

The diagram shows the dynamics of price changes per m² of flats for sale in Boni-Gorodok District
The price of m²
Real EstateFlatFor SaleBatumiBoni-Gorodok District
22
29 Oct, 16:02
ID - 37172791

4 room Flat For Sale. Batumi

80 m²

Total area

4

Room

3

Bedroom

3/5

Floor

Total area

80 m²

Room

4

Bedroom

3

Floor

3/5

Description

🔥 INVESTMENT OFFER IN THE CENTER OF BATUMI! An apartment for those considering real estate not only for living but also as an investment with growth potential. 📍 Batumi, Akaki Tsereteli St. 🏛 Old town - across the street 📐 Area - 80 m² 🛏 3 bedrooms 🚪 4 rooms 🏠 Old housing stock 🔨 Requires major repairs 📊 Purchase price - only about $1,088 per m² in the central part of Batumi. Why is this property interesting for investors? ✅ Large area - 80 m² ✅ Central location ✅ Old Batumi in immediate proximity ✅ Clean documents ✅ There are bank valuations for mortgages ✅ Price significantly lower than many offers in new buildings in the center 🔥 The main investment potential is the possible renovation of the building. According to the owner's information, the house may fall under the renovation/demolition program in the future. In the event that such a scenario is realized, the compensation orientation is stated at around $2,000 per m². 80 m² × $2,000 = $160,000 Current purchase price - $87,000 Potential difference - $73,000. That is, potential growth - about 84% of the purchase price. ⚠️ Important: The building's inclusion in the renovation program, timelines, and the amount of future compensation are not guaranteed. This is an investment scenario that the buyer needs to assess separately. At the same time, the apartment remains a full-fledged asset: it can be renovated, used for living, rented out, or resold.

View on the street

Details information

Bathroom

1

Condition

Old renovated

Status

Old built

Project

Non standard

Additional information

Balcony

Basement

Elevator

Furniture

Built-in Kitchen

Garage

Central heating

Last floor

Natural gas

Storage room

Mortgage calculator
TBC
HBG
Property value226,000 ₾
Down payment 20%
45,200₾
Loan term
15Year

Benchmark interest rate from 12.1% / Benchmark effective rate from 14.21%. The nominal and effective interest rate tied to a public index represents the minimum amount for the credit product. The actual data will be specified at the time of loan approval. The interest rate shown in the table is linked to a public index - TIBR1M

Interest

Down payment

Base

Monthly payment2,182 ₾
Total payment437,879 ₾
TBC

Choose a house of any value and get full financing

The diagram shows the dynamics of price changes per m² of flats for sale in Boni-Gorodok District
The price of m²