Studio, 45.1 m², 11 floor in "Novotel Living"

Batumi, Makhinjauri, 62 Tamar Mepe Avenue, 2 Iberia Street
{{roomApartmentOrStudio}}, 45.1 m², 11 floor, Novotel Living in Batumi

About apartment

  • Article

    13,535,931
  • Numeration

    1115
  • Floor

    11
  • Roominess

    Studio
  • Price

    $111,264
  • Price / m²

    $2,467.1
  • Total area

    45.1 m²

About project

Novotel Living

62 Tamar Mepe Avenue, 2 Iberia Street
62 Tamar Mepe Avenue, 2 Iberia Street

2 main_info.buildings_count.building, 66 apt.

66 apartments in
  • Studios

    $96,256
  • 1-room apartments

    $119,070
  • 2-room apartments

    $207,654
  • Cost per m²

    $2,285
  • Floors

    13
  • Features

    pool
  • Completion of construction

    December 1, 2024
  • Distance to the sea

    100 m
  • District

    Makhinjauri

Description

The investment horizon for such a format is logically considered from three years allowing completion of a full cycle of seasonal rental and fixing property value growth. Current construction status means the facility is completed so the buyer receives ready property without unfinished construction risks or delays. The ownership format assumes full ownership rights with simplified purchase procedure for foreigners in Georgia. The Novotel Living residential complex is suitable for buyers seeking completed premium-class property with professional management.

The property format assumes apartments with ready-made finishes and the possibility of connecting to the hotel management program. A medium-sized unit of 45.1 square meters allows tenants to value tranquility while enjoying the developed embankment nearby. This option is attractive for buyers seeking a place for seasonal living or rental to vacationers in the stable tourist flow. One-room apartments from forty-four point five square meters are in demand among couples and small families.

The top floors of the thirteen-floor architecture ensure less noise and greater separation from the street environment. A unit on the 11 floor benefits from the environmental sustainability concept with improved air circulation. This location is highly attractive for buyers seeking a place for seasonal living with superior visual qualities and light. The top floors ensure less noise and greater separation from the street environment.

Investment attractiveness is supported by the price point which considers the limited supply of completed premium-class properties. Paying $111,264 allows entry into a format with managed rental and reduced risks for buyers. The cost reflects the location in the coastal Makhinjauri district with proximity to the sea and developed embankment. Investment attractiveness is supported by the price point which considers limited supply.

The property stands out in the city’s new construction market through its partnership with Accor. This apartment ensures managed operations and stable rental demand in a stable tourist flow area. It addresses the needs of investors seeking passive income and residents valuing a quiet district. The property stands out in the city’s new construction market through its partnership.

Map

Installment without price increase
Down payment, $Monthly payment:Duration, month
30% - $33,379$6,490up to 12 months

Price dynamics

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Khimshiashvili
Why exactly in Batumi?
  1. Prices for any budget. A studio by the sea can cost as little as €15–20 thousand, and a spacious apartment with a sea view — €40–50 thousand.
  2. Convenient purchase conditions. Developers offer installments and favorable prices at the construction stage. This is an opportunity to save money and choose a convenient payment schedule.
  3. Investment benefit. Batumi receives hundreds of thousands of tourists annually. Apartments by the sea are in high demand and bring a stable rental income.
How to choose an apartment?
  1. First, define your goal — for living, renting, or investment.
    For living, quiet areas with infrastructure are suitable; for renting — closer to the sea and the boulevard.
  2. Check the developer and documents, and clarify the installment terms.
  3. Compare options by location, view, condition, and budget, and, if possible, inspect the apartment in person before purchasing.
How much does an apartment in Batumi cost?

Apartment prices in Batumi highly depend on the area, view, and condition of the property. On average:

In the economy segment (more remote areas, no sea view) — approximately $900 – 1,200 per m².
In popular areas near the sea or in new buildings — about $1,500 – 2,000 per m².
In premium properties with a sea view, high level of service, and design — can be $2,500+ per m².

Why do clients choose us?
  • We are an aggregator of new developments in Batumi: all developers in one place.
  • We compare prices, installment plans, and terms — quickly and honestly.
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