Commercial Property For Sale: 196 M² In Batumi, Vakhtang Gorgasali St – $550,000
Old City, Batumi
About the area's usual price
Listed on Korter.
Updated Sep 9, 2026
Price comparison
Listings compared: 118
This listing
$2,807/m²
Average
$2,851/m²
196 m² total
$558,787
Neighborhood comparison
Old City · Highest-priced nearby area
$1,586
Bagrationi
$2,689
Airport (District)
$2,890
Old City
Layout
Floor
1 of 6
Area
196 m²
100 m²100 m²
200 m²200 m²
196 m²196m²
Location
Batumi · Old City · Vakhtang Gorgasali St
Compare mortgage estimates
Your assumptions
- Upfront down payment
- $110,037
- Loan amount
- $440,148
Mortgage offers from Georgian banks
- Effective rate (total cost)
- from 8.30%
- Estimated total interest
- $184,055
- Published loan range
- ≥ $1 · ≤ $500,000
- Published term
- 12–120 months
- Issuance fee
- $2,641 · 0.60%
- Minimum down payment
- 15.00%
- Rate basis
- USD · Term SOFR · indexed
Rates checked Oct 20, 2026
- Effective rate (total cost)
- from 9.10%
- Estimated total interest
- $200,677
- Published term
- 6–120 months
- Issuance fee
- $1,761 · 0.40%
- Minimum down payment
- 0.00%
- Rate basis
- USD · Term SOFR · indexed
Rates checked Oct 20, 2026
- Effective rate (total cost)
- from 10.32%
- Estimated total interest
- $204,871
- Published loan range
- ≥ $1,500 · ≤ $500,000
- Published term
- 12–120 months
- Issuance fee
- $1,761 · 0.40%
- Minimum down payment
- 0.00%
- Rate basis
- USD · Term SOFR · indexed or fixed
Rates checked Oct 20, 2026
- Effective rate (total cost)
- from 11.00%
- Estimated total interest
- $227,496
- Published term
- 6–120 months
- Issuance fee
- $2,201 · 0.50%
- Minimum down payment
- 0.00%
- Rate basis
- USD
Rates checked Oct 20, 2026
- Effective rate (total cost)
- from 16.15%
- Published loan range
- ≥ ₾10,000 · ≤ ₾500,000
- Published term
- 7–180 months
- Issuance fee
- 0.50%
- Rate basis
- GEL · indexed
Rates checked Oct 20, 2026
$550,184
$2,807/m²