Studio, 40.9 m², 40 floor in "7th Heaven Residence"

Batumi, Airport, 53 Sherif Himshiashvili Street
Studio, 40.89 m², 40 floor, 7th Heaven Residence in Batumi

About apartment

  • Article

    57111
  • Numeration

    4006
  • Floor

    40
  • Roominess

    Studio
  • Price

    $102,225
  • Price / m²

    $2,500
  • Total area

    40.9 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.

Apartments of 40.89 square meters combine practical living space with efficient investment characteristics. The medium format allows comfortable permanent residence while generating rental income during tourist seasons. Buyers appreciate this size for its ability to serve dual purposes within the completed residential complex by the sea.

The 40 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 $102,225 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% - $30,668$1,988up to 36 months

Price dynamics

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