Studio, 37.7 m², 22 floor in "Ramada Residences"

Batumi, Khimshiashvili, 10, Pirosmani
Studio, 37.7 m², 22 floor, Ramada Residences in Batumi

About apartment

  • Article

    13 550 159
  • Numeration

    2212
  • Total floors

    39
  • Roominess

    Studio
  • Price

    $144,062
  • Price / m²

    $3,821.2732
  • Total area

    37.7 m²

About project

“Ramada Residences”

10, Pirosmani
10, Pirosmani

260 apt.

260 apartments in
  • Cost per m²

    $3,175
  • Class

    premium
  • Floors

    39
  • Elevator

    yes
  • Number of elevators

    4
  • Features

    pool, gym
  • Distance to the sea

    356 m
  • District

    Khimshiashvili

Description

A residence of 37.7 m² provides a balance between compact efficiency and living comfort. Mid-sized formats with kitchens are most versatile for investors and residents. These are easier to rent to tourists expats and mid-term tenants in the city. Ramada Residences has an advantage over classic hotel rooms because the unit is closer to housing. Thus it covers broader demand than standard hotel accommodations in the area. The branded residences format ensures high service standards even for smaller living spaces. Such units are easier to rent to tourists expats and mid-term tenants.

The unit spanning 37.7 m² represents a versatile asset for passive income generation. Compact and mid-sized formats with kitchens are most versatile for investors. These are easier to rent to tourists expats and mid-term tenants in the city. Ramada Residences has an advantage over classic hotel rooms because the unit is closer to housing. Thus it covers broader demand than standard hotel accommodations in the area. Rental demand is driven by the brand plus service plus location combination. Branded residences in central Batumi are chosen because they scale more easily in rentals.

The apartment on the 22 floor offers a balance of height and comfort. View-oriented features are part of the modern urban format of the building. Architecturally the project follows a modern urban format with view-oriented features. The complex features branded interiors according to Ramada by Wyndham standards. Management is entrusted to River Rock enhancing the service component for all residents. This infrastructure set practically increases the property value for every owner. Tenants receive a format close to a hotel while owners get a product.

The cost of $144,062 reflects the branded residences format under Ramada by Wyndham. Price per square meter starts from market rates for this segment. Payment terms available upon request for interested buyers. From a liquidity perspective in Batumi compact and mid-sized formats with kitchens are versatile. These are easier to rent to tourists expats and mid-term tenants. Ramada Residences has an advantage over classic hotel rooms because the unit is housing. Thus it covers broader demand than standard hotel accommodations in the area.

Full hotel-grade infrastructure within the complex supports the living experience. Kitchens in residences expand rental scenarios beyond standard hotel rooms. Scarcity of similar branded residential projects in the city center drives demand. This makes the location more resilient than purely seasonal coastal areas. Service management by River Rock ensures operational stability for owners. Approximately 356 meters to the sea adds significant value to the asset. Investing secures an address on Heroes Avenue one of Batumi’s most sought-after areas.

Map

Price dynamics

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