1-bedroom apartment, 70.2 m², 15 floor in "7th Heaven Residence"

Batumi, Airport, 53 Sherif Himshiashvili Street
1-bedroom apartment, 70.16 m², 15 floor, 7th Heaven Residence in Batumi

About apartment

  • Article

    57184
  • Numeration

    1509
  • Floor

    15
  • Roominess

    1-room
  • Price

    $126,288
  • Price / m²

    $1,800
  • Total area

    70.2 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.

An apartment measuring 70.16 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 15 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 $126,288 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% - $37,886$2,456up to 36 months

Price dynamics

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