1-bedroom apartment, 44.5 m², 4 floor in "Novotel Living"

Batumi, Makhinjauri, 62 Tamar Mepe Avenue, 2 Iberia Street
{{roomApartmentOrStudio}}, 44.5 m², 4 floor, Novotel Living in Batumi

About apartment

  • Article

    13,535,912
  • Numeration

    401a
  • Floor

    4
  • Roominess

    1-room
  • Price

    $117,480
  • Price / m²

    $2,640
  • 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
  • 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

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.

The location of the apartment on the 4 floor provides convenient access to the commercial premises on the first floors. This level ensures easy entry to the green territories and eco-zones which are part of the complex infrastructure. For residents valuing tranquility this height offers a connection to the ground-level amenities without excessive vertical movement. The location provides convenient access to the commercial premises on the first floors.

The cost per square meter starts from a competitive level reflecting the completed status of the facility. A price of $117,480 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.

Map

Installment without price increase
Down payment, $Monthly payment:Duration, month
30% - $35,244$6,853up to 12 months

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