๐ฅ Investment offer in the center of Batumi! An apartment for those who consider real estate not only for living, but also as an investment, the value of which has the potential to increase. ๐ Batumi, Akaki Tsereteli Street ๐ Old Batumi โ directly across the road ๐ Area โ 80 mยฒ ๐ 3 bedrooms ๐ช 4 rooms ๐ Old housing stock ๐จ Requires major renovation ๐ Purchase price โ only about $ 1,088 / mยฒ in the central part of Batumi. Why is this object interesting for an investor? โ
Large area โ 80 mยฒ โ
Central location โ
In the immediate vicinity of Old Batumi โ
Ordered documentation โ
There are bank assessments for a mortgage loan โ
The price is significantly lower than the offers in many new buildings in the center ๐ฅ The main investment potential โ possible renovation of the building. According to the owner's information, the building may be included in the renovation or demolition program in the future. In the event of this scenario, the estimated compensation amount indicated is approximately $2,000/mยฒ. ๐ Investment scenario calculation: 80 mยฒ ร $2,000 = $160,000 ๐ฐ Purchase price today โ $87,000 ๐ Potential difference โ $73,000, i.e. the potential increase in value is approximately 84% of the purchase price. โ ๏ธ Important: The building's inclusion in the renovation program, the timing of its implementation, and the amount of future compensation are not guaranteed. This is only a possible investment scenario that the buyer must independently evaluate. At the same time, the apartment remains a full-fledged real estate: it can be renovated, used for living, rented out, or subsequently sold.