1-bedroom apartment, 48.6 m², 7 floor in "Novotel Living"

Batumi, Makhinjauri, 62 Tamar Mepe Avenue, 2 Iberia Street
1-bedroom apartment, 48.6 m², 7 floor, Novotel Living in Batumi

About apartment

  • Article

    13,535,921
  • Numeration

    712
  • Floor

    7
  • Roominess

    1-room
  • Price

    $148,410
  • Price / m²

    $3,053.7
  • Total area

    48.6 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
  • 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 48.6 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.

A residence on the 7 floor offers a balance between height and comfort typical for the middle section of the building. This level provides sufficient elevation to reduce street noise while maintaining easy access to elevators and common areas. It represents a standard choice for those seeking a quiet residential atmosphere without being too high up. A residence offers a balance between height and comfort typical for the middle section.

The cost per square meter starts from a competitive level reflecting the completed status of the facility. A price of $148,410 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

Interest-free installment
Down payment, $Monthly payment:Duration, month
30% - $44,523$8,657up to 12 months

Price dynamics

Similar apartments

1-room, 48.8 m²
55 Vazha-Pshavela str.
16 of 16
1-room, 48.8 m²

$117,120

from $2,400

Elit Msheni
Elit Msheni
1-room, 50 m²
13 Tbel-Abuseridze St
20 of 36
1-room, 50 m²

$117,500

from $2,350

Like House
Like House
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
Studio, 50.7 m²
Lech and Maria Kachinski St, 19/1
17 of 18
Studio, 50.7 m²

$71,487

from $1,410

Elt Building
Elt Building
2-room, 52 m²
43 Kote Abkhazi Street
3
Mountains
2-room, 52 m²

$90,336

from $1,737

Smart Development
Smart Development
1-room, 50.9 m²
1st lane Svimon Kananeli, 6
18 of 20
1-room, 50.9 m²

$434,190

from $8,530

 European Village
European Village
1-room, 51.9 m²
Angisis 1st Lane, 72
20 of 27
1-room, 51.9 m²

$80,705

from $1,555

Horizons Group
Horizons Group
1-room, 50.6 m²
Demetre Tavdadebuli St, 48
11 of 25
1-room, 50.6 m²

$58,190

from $1,150

Save Development
Save Development
1-room, 48.8 m²
Tsminda Andria Pirveltsodebuli 3rd Deadlock, 18a/16b
9 of 19
1-room, 48.8 m²

$141,520

from $2,900

Green Side
Green Side
2-room, 45.4 m²
Makhinjauri, Megobroba str., 1
18 of 19
2-room, 45.4 m²

$66,511

from $1,465

Kolos
Kolos
Studio, 45.6 m²
near 379 David Agmashenebeli Ave.
4 of 45
Studio, 45.6 m²

$91,300

from $2,000

GEUZ Building
GEUZ Building
1-room, 51.9 m²
Angisis 1st Lane, 72
13 of 27
1-room, 51.9 m²

$58,907

from $1,135

Horizons Group
Horizons Group
1-room, 44.8 m²
1st lane Svimon Kananeli, 6
18 of 20
1-room, 44.8 m²

$389,092

from $8,685

 European Village
European Village
Studio, 45.9 m²
near 379 David Agmashenebeli Ave.
14 of 45
Studio, 45.9 m²

$95,931

from $2,090

GEUZ Building
GEUZ Building

Popular Projects

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

Solana Grand Residences

from $44,625

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

Ramada Residences

from $135,131

Khimshiashvili

SportCity

from $44,225

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

Alliance Centropolis

from $277

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

Next Downtown

from $161,460

Old City
  • 350 m to the sea
White Linelogo DS Group White Line

White Line

from $37,200

Airport
Get a free consultation

Contact us and a manager will get in touch with you

Get a free consultation