1-bedroom hotel room, 44.5 m², 11 floor in "Novotel Living"

Batumi, Makhinjauri, 62 Tamar Mepe Avenue, 2 Iberia Street
1-bedroom hotel room, 44.5 m², 11 floor, Novotel Living in Batumi

About apartment

Article : 13,535,930
Numeration : 1101a
Floor : 11
Roominess : 1-room
Price : $158,650
Price / m² : $3,565.2
Total area : 44.5 m²

About project

Studios : $93,960
1-room apartments : $119,070
2-room apartments : $207,654
Cost per m² : $2,285
Apartments : from 34.3 to 67.3 m²
Floors : 13
Number of apartments : 79
Features : pool
Completion of construction : December 1, 2024
Distance to the sea : 100 m
District : Makhinjauri

Description

Property value growth in completed Batumi projects is due to limited supply of completed premium-class apartments available on the local real estate market. The Novotel brand attracts guests who trust international standards while the Makhinjauri location ensures proximity to the sea with a calm atmosphere. The management company guarantees stable maintenance and occupancy making this format attractive for passive income seekers. The investment horizon for such a format is logically considered from three years allowing completion of a full cycle.

In the Batumi market compact formats demonstrate high turnover in rental which is related to the tourist profile of the city. An apartment with an area of 44.5 square meters provides enough space for remote workers who consider Georgia as a country for long-term living. The simple purchase procedure for foreigners and ready apartments simplify the relocation process for this category. This size supports the investment logic built on brand location and professional management for stable rental demand.

Upper levels of the building provide enhanced privacy and an expansive view of the coastal zone of Batumi. An apartment on the 11 floor maximizes the view characteristics which form the main demand for rentals in the summer season. This height distinguishes the property from standard new buildings by offering a premium perspective of the sea and city. Upper levels provide enhanced privacy and an expansive view of the coastal zone.

The cost per square meter starts from a competitive level reflecting the completed status of the facility. A price of $158,650 for this apartment accounts for the Novotel brand ensuring tenant trust and competitive rates. This valuation includes the professional management company from Accor which guarantees stable maintenance and occupancy for investors. The cost per square meter starts from a competitive level reflecting the completed status.

This residential unit provides a balance between tranquility and infrastructure accessibility in the coastal zone. The project solves the long-term capital investment task through the brand and location advantages. Buyers receive a ready property without unfinished construction risks and with full ownership rights. This residential unit provides a balance between tranquility and infrastructure accessibility.

Price dynamics

Installment without price increase
Down payment, $Monthly payment:Duration, month
30% - $47,595$9,255up to 12 months

Map

Studio, 37.5 m², Floor 10
Studio, 37.5 m², Floor 10

from $131,648

Hotel Room, 44.5 m², Floor 9
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Hotel Room, 37.5 m², Floor 13
Hotel Room, 37.5 m², Floor 13

from $98,625

2-room, 66 m², Floor 10
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