Studio, 42.1 m², 24 floor in "7th Heaven Residence"

Batumi, Airport, 53 Sherif Himshiashvili Street
Studio, 42.15 m², 24 floor, 7th Heaven Residence in Batumi

About apartment

  • Article

    57,067
  • Numeration

    2424
  • Floor

    24
  • Roominess

    Studio
  • Price

    $71,655
  • Price / m²

    $1,700
  • Total area

    42.1 m²

About project

7th Heaven Residence

53 Sherif Himshiashvili Street
53 Sherif Himshiashvili Street

2 main_info.buildings_count.building, 261 apt.

261 apartments in
  • Cost per m²

    $1,700
  • Floors

    40
  • Distance to the sea

    60 m
  • District

    Airport

Description

Rental opportunity is formed due to tourist flow of the Airport district, with main tenants being transit guests, aviation industry specialists, and airport tourists. Batumi’s tourist potential remains stable as the city attracts visitors year-round. This allows maintaining apartment occupancy throughout different seasons, supporting consistent rental income for property owners.

An apartment measuring 42.15 square meters provides balanced space for both rental income and personal use. One-bedroom units in this range offer comfortable living while remaining attractive to tourists seeking quality accommodation near the sea. The medium format suits investors wanting flexibility between rental operations and occasional personal stays.

Apartments positioned on the 24 floor attract diverse tenant profiles in Batumi’s rental market. Middle levels satisfy both tourists seeking views and permanent residents preferring moderate elevation. This floor range represents versatile appeal within the two-building complex completed in 2024.

The $71,655 valuation accounts for rental income potential in Batumi’s tourist-driven Airport district. Compact formats requiring smaller investments demonstrate faster tenant placement among visitors. This pricing enables investors to achieve quicker exit to rental income compared to higher-priced alternatives in the coastal market.

This property serves both rental business and personal residence needs within the resort zone. Foreign ownership without restrictions expands investment options while management company minimizes owner participation. The format addresses diverse buyer objectives in Batumi’s tourist accommodation market.

Map

Interest-free installment
Down payment, $Monthly payment:Duration, month
30% - $21,497$1,393up to 36 months

Price dynamics

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