Studio with a balcony for sale in Dar Tower, Batumi — renovation required
Price: $52,000
Address: 8 Zhiuli Shartava Avenue
Area: 35.4 m²
Floor: 7 of 35
Layout: studio
The apartment is located in the Dar Tower complex, in an area with well-developed infrastructure. The sea, beach, cafés, restaurants and shops are within walking distance. The balcony offers views of the sea and mountains.
The studio has an equipped kitchen area, furniture and household appliances. These include a double bed, wardrobe, dining table, TV, air conditioner, refrigerator, microwave and washing machine.
Apartment condition
The apartment has remained closed up for an extended period and is being sold in its current condition, requiring an inspection and repairs.
There is significant moisture-related damage to the finishes in the main room, hallway and washing machine alcove: the wallpaper has bubbled and peeled in places, and mould has been found beneath some sections.
The price reflects the current condition. The latest photos and videos show the existing damage. You are welcome to view the apartment with your own specialist to assess its condition and the anticipated costs.
Potential use
The studio was previously used for short-term rentals. Once the moisture problem has been resolved and the necessary work completed, it may be considered for personal use or rental. The apartment currently requires renovation and is not being offered as move-in ready.
Documentation and sale terms
The apartment is subject to a registered mortgage in favour of Bank of Georgia. The proposed arrangement is to repay the loan using part of the purchase funds and release the mortgage as part of the transaction. Payment and transfer procedures will be agreed in advance with the involvement of the bank and a lawyer.
For further information, an up-to-date video or to arrange a viewing, please message or call me on WhatsApp.