Studio hotel room, 38.6 m², 5 floor in "Novotel Living"

Batumi, Makhinjauri, 62 Tamar Mepe Avenue, 2 Iberia Street
{{roomApartmentOrStudio}}, 38.6 m², 5 floor, Novotel Living in Batumi

About hotel room

  • Article

    13,536,505
  • Numeration

    501
  • Floor

    5
  • Roominess

    Studio
  • Price

    $134,602
  • Price / m²

    $3,487.1
  • Total area

    38.6 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

Payment terms include the possibility of installment plans with specific parameters to be clarified with project managers during the selection process. The rental possibility is implemented through Accor management company with main tenants being tourists visiting Batumi in season as well as expats. The investment logic of the project is built on brand location and professional management ensuring stable occupancy rates throughout the year. Property value growth in completed Batumi projects is due to limited supply of completed premium-class apartments available.

A studio with an area of 38.6 square meters is the most liquid format for short-term rental in the Batumi market. This compact space allows efficient use of premium infrastructure including the swimming pool. Such a layout is ideal for investors seeking high turnover related to the tourist profile of the city. In the Batumi market compact formats demonstrate high turnover in rental which is related to the tourist profile.

The lower position in the thirteen-floor architecture offers a sense of stability and connection to the landscaped surroundings. Living on the 5 floor means being closer to the street-level infrastructure including shops and cafes within walking distance. This level is suitable for buyers who prefer easy mobility and immediate access to the district amenities. The lower position offers a sense of stability and connection to the landscaped surroundings.

Market demand is formed due to the Novotel brand and Makhinjauri location ensuring proximity to the sea. An investment of $134,602 secures a property in a district with lower construction density and less noise. This pricing strategy targets buyers who view the property both as a place to live and as an investment asset. Market demand is formed due to the Novotel brand and Makhinjauri location ensuring proximity.

The Novotel Living complex offers a completed premium-class property with professional management and investment potential. This apartment combines the brand strength with a location in Makhinjauri district and completed construction stage. It is a suitable format for managed rental or comfortable living with international-level infrastructure. The Novotel Living complex offers a completed premium-class property with professional management.

Map

Installment without price increase
Down payment, $Monthly payment:Duration, month
30% - $40,381$7,852up to 12 months

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