1-bedroom hotel room, 44.5 m², 12 floor in "Novotel Living"

Batumi, Makhinjauri, 62 Tamar Mepe Avenue, 2 Iberia Street
1-bedroom hotel room, 44.5 m², 12 floor, Novotel Living in Batumi

About hotel room

  • Article

    13,535,933
  • Numeration

    1201a
  • Floor

    12
  • Roominess

    1-room
  • Price

    $159,599
  • Price / m²

    $3,586.5
  • Total area

    44.5 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
  • 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 Novotel Living residential complex in Batumi represents a premium real estate format created specifically for buyers who view property as both a place to live and as a solid investment asset. This project stands out significantly in the city’s new construction market through its strategic partnership with the international hotel group Accor, ensuring fully managed operations and stable rental demand. Located in the prestigious Makhinjauri district, the complex effectively addresses the task of long-term capital investment with the real possibility of generating passive income through professional management and global booking systems. The implementation stage affects liquidity as completed new buildings in Batumi are in high demand.

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 12 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.

Current construction status being completed affects liquidity and supports the pricing structure of the residential complex. A unit priced at $159,599 eliminates delay risks and allows assessment of actual property quality before purchase. This financial parameter aligns with the investment horizon logically considered from three years for full cycle rental. Current construction status being completed affects liquidity and supports pricing structure.

The investment logic is built on brand location and professional management ensuring stable occupancy rates. This apartment represents a premium real estate format created for buyers viewing property as an asset. Submit a consultation request to select an apartment for your task and receive current information. The investment logic is built on brand location and professional management ensuring rates.

Map

Interest-free installment
Down payment, $Monthly payment:Duration, month
30% - $47,880$9,310up to 12 months

Price dynamics

Similar apartments

Studio, 42.1 m²
53 Sherif Himshiashvili Street
22 of 40
Studio, 42.1 m²

$71,655

from $1,700

H Group
H Group
Studio, 42.4 m²
Lech and Maria Kaczynski Street, 8
9 of 13
Studio, 42.4 m²

$90,588

from $2,135

Recan Group Georgia
Recan Group Georgia
1-room, 42.8 m²
Demetre Tavdadebuli St, 48
19 of 25
1-room, 42.8 m²

$66,340

from $1,550

Save Development
Save Development
1-room, 42.8 m²
Demetre Tavdadebuli St, 48
17 of 25
1-room, 42.8 m²

$62,060

from $1,450

Save Development
Save Development
Studio, 42.4 m²
Angisis 1st Lane, 72
8 of 27
Studio, 42.4 m²

$45,580

from $1,075

Horizons Group
Horizons Group
Studio, 41.2 m²
Angisis 1st Lane, 72
6 of 27
Studio, 41.2 m²

$34,402

from $835

Horizons Group
Horizons Group
1-room, 48.4 m²
Lech and Maria Kaczynski Street, 1
9 of 13
1-room, 48.4 m²

$169,225

from $3,500

Metro Avrasya Georgia
Metro Avrasya Georgia
Studio, 45.9 m²
near 379 David Agmashenebeli Ave.
24 of 45
Studio, 45.9 m²

$100,062

from $2,180

GEUZ Building
GEUZ Building
Studio, 42.1 m²
53 Sherif Himshiashvili Street
33 of 40
Studio, 42.1 m²

$105,375

from $2,500

H Group
H Group
Studio, 47 m²
Pirosmani str., 17
25 of 37
Studio, 47 m²

$75,200

from $1,600

Batmsheni Building Company
Batmsheni Building Company
Studio, 46.8 m²
Lech and Maria Kaczynski Street, 15
15 of 18
Studio, 46.8 m²

$80,981

from $1,730

Batumi Palm Apartments
Batumi Palm Apartments
1-room, 48.5 m²
53 Sherif Himshiashvili Street
33 of 40
1-room, 48.5 m²

$121,150

from $2,500

H Group
H Group
1-room, 46.6 m²
near 379 David Agmashenebeli Ave.
6 of 45
1-room, 46.6 m²

$90,968

from $1,950

GEUZ Building
GEUZ Building
1-room, 43.5 m²
Andria Pirveltsodebuli Highway, 106
9 of 10
1-room, 43.5 m²

$120,930

from $2,780

Golden Beach
Golden Beach
Studio, 42.4 m²
Angisis 1st Lane, 72
21 of 27
Studio, 42.4 m²

$53,212

from $1,255

Horizons Group
Horizons Group
Studio, 43.6 m²
Lech and Maria Kaczynski Street, 15
13 of 18
Studio, 43.6 m²

$69,712

from $1,600

Batumi Palm Apartments
Batumi Palm Apartments

Popular Projects

SportCity

from $44,225

Airport
  • Installment 8 mos.
  • 150 m to the sea
Next Downtownlogo Next Group Next Downtown

Next Downtown

from $161,460

Old City
  • Installment 48 mos.
  • 50 m to the sea
Alliance Centropolislogo Alliance Group Alliance Centropolis

Alliance Centropolis

from $277

Rustaveli
  • 356 m to the sea
Ramada Residenceslogo One Development Ramada Residences

Ramada Residences

from $135,131

Khimshiashvili
  • 350 m to the sea
White Linelogo DS Group White Line

White Line

from $37,200

Airport
  • Installment 60 mos.
  • 500 m to the sea
Solana Grand Residenceslogo Solana Development Solana Grand Residences

Solana Grand Residences

from $44,625

Kobuleti
Get a free consultation

Contact us and a manager will get in touch with you

Get a free consultation