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

Batumi, Makhinjauri, 62 Tamar Mepe Avenue, 2 Iberia Street
Studio, 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

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

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.

Price dynamics

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

Map

Studio, 45.1 m², Floor 13
Studio, 45.1 m², Floor 13

from $112,728

1-room, 52.1 m², Floor 10
1-room, 52.1 m², Floor 10

from $125,244

2-room, 66 m², Floor 9
2-room, 66 m², Floor 9

from $215,490

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

from $131,649

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