Studio, 38.6 m², 7 floor in "Novotel Living"

Batumi, Makhinjauri, 62 Tamar Mepe Avenue, 2 Iberia Street
Studio, 38.6 m², 7 floor, Novotel Living in Batumi

About apartment

Article : 13,535,920
Numeration : 701
Floor : 7
Roominess : Studio
Price : $113,243
Price / m² : $2,933.8
Total area : 38.6 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

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.

Living on the 7 floor ensures a comfortable distance from the ground-level activity while enjoying the premium class property features. This elevation allows for better light penetration into the apartment with ready-made finishes. It is a versatile option for both seasonal rental and personal living offering a neutral perspective of the Makhinjauri district. Living ensures a comfortable distance from the ground-level activity while enjoying features.

Market demand is formed due to the Novotel brand and Makhinjauri location ensuring proximity to the sea. An investment of $113,243 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.

Price dynamics

Installment without price increase
Down payment, $Monthly payment:Duration, month
30% - $33,973$6,606up to 12 months

Map

1-room, 51.8 m², Floor 5
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1-room, 48.6 m², Floor 7
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from $148,410

Studio, 36 m², Floor 9
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