Studio, 34.9 m², 31 floor in "7th Heaven Residence"

Batumi, Airport, 53 Sherif Himshiashvili Street
Studio, 34.88 m², 31 floor, 7th Heaven Residence in Batumi

About apartment

  • Article

    57,030
  • Numeration

    3113
  • Floor

    31
  • Roominess

    Studio
  • Price

    $87,200
  • Price / m²

    $2,500
  • Total area

    34.9 m²

About project

7th Heaven Residence

53 Sherif Himshiashvili Street
53 Sherif Himshiashvili Street

2 buildings, 260 apt.

260 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.

The 34.88 square meter format responds directly to tourist accommodation needs in the Airport district. Most liquid for rental are studios and one-bedroom apartments due to their affordability and practical layout. This size category forms the backbone of Batumi’s short-term rental economy, ensuring consistent occupancy throughout the year.

The 31 floor placement ensures enhanced privacy and reduced street-level noise for residents. Higher apartments create separation from ground activity while offering expansive perspectives of the coastal area. This positioning appeals to tenants valuing quiet living environments within the developed infrastructure zone.

Pricing at $87,200 supports object liquidity through alignment with market expectations for completed sea-side properties. The deficit of first coastline proposals sustains value regardless of broader market conditions. This cost position enables flexible exit strategies for investors within the three to five year investment horizon.

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% - $26,160$1,696up to 36 months

Price dynamics

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