Commercial Property For Sale: 490 M² In Batumi, Merab Kostava St, 17 – $1,670,000
Old City, Batumi
$274k over the area's usual price
Listed on Korter.
Updated Sep 9, 2026
Price comparison
Listings compared: 118
This listing
$3,409/m²
Average
$2,851/m²
490 m² total
$1,396,968
Layout
Floor
4 of 5
Area
490 m²
100 m²100 m²
200 m²200 m²
490 m²490m²
Location
Batumi · Old City · 17 Merab Kostava St
Compare mortgage estimates
Your assumptions
- Upfront down payment
- $334,112
- Loan amount
- $1,336,448
Mortgage offers from Georgian banks
- Effective rate (total cost)
- from 8.30%
- Published loan range
- ≥ $1 · ≤ $500,000
- Published term
- 12–120 months
- Issuance fee
- 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
- $609,328
- Published term
- 6–120 months
- Issuance fee
- $5,346 · 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%
- Published loan range
- ≥ $1,500 · ≤ $500,000
- Published term
- 12–120 months
- Issuance fee
- 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
- $690,762
- Published term
- 6–120 months
- Issuance fee
- $6,682 · 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
$1,670,559
$3,409/m²