House in Batumi, Georgia, 95 m²

A plot with a house in the heart of Old Batumi is a rare property with income and development potential.

In the very heart of Batumi's historic center, a residential building with a 235 sq. m. plot is for sale. Such properties are extremely rare in this part of the city: there is practically no available land, and demand for real estate in the center is supported by limited supply.

Included in the property:

— Plot - 235 sq. m

— Residential building - 95 sq. m

— Kitchen - 20 sq. m

— 2 bedrooms

— Living room

— Combined bathroom

— Separate storage room

An additional advantage is the 13 sq. m. commercial space, which houses a flower shop. The space is already rented out and generates income for the owner.

The main asset is the development potential.

The owner is currently undergoing approval for the second phase of the project for a multifunctional building up to 6 stories high.

Thus, the buyer receives not only a finished home and commercial income, but also the opportunity to implement a larger project in one of Batumi's most sought-after locations.

Suitable for an investor, developer, or buyer seeking a rare property in the center with an additional source of income and potential for value appreciation.

This property is all about location, land, and future prospects. Such offers are extremely rare in Old Batumi.

ID: 274159