1-bedroom apartment, 51.8 m², 10 floor in "Novotel Living"

Batumi, Makhinjauri, 62 Tamar Mepe Avenue, 2 Iberia Street
1-bedroom apartment, 51.8 m², 10 floor, Novotel Living in Batumi

About apartment

  • Article

    13,535,959
  • Numeration

    1003
  • Floor

    10
  • Roominess

    1-room
  • Price

    $175,446
  • Price / m²

    $3,387
  • Total area

    51.8 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 investment horizon for such a format is logically considered from three years allowing completion of a full cycle of seasonal rental and fixing property value growth. Current construction status means the facility is completed so the buyer receives ready property without unfinished construction risks or delays. The ownership format assumes full ownership rights with simplified purchase procedure for foreigners in Georgia. The Novotel Living residential complex is suitable for buyers seeking completed premium-class property with professional management.

One-room apartments from forty-four point five square meters are in demand among couples and small families seeking a place for seasonal living. A unit with an area of 51.8 square meters offers a balance between tranquility and infrastructure accessibility in the coastal zone. This size supports the investment logic built on brand location and professional management for stable rental demand. One-room apartments are in demand among couples and small families seeking a place for seasonal living.

High elevation contributes to the niche audience orientation which maintains privacy and living comfort for residents. An apartment on the 10 floor offers a vantage point over the Makhinjauri district and its continued infrastructure development. This positioning justifies the premium rate through superior views and a sense of exclusivity within the complex. High elevation contributes to the niche audience orientation which maintains privacy.

Market demand is formed due to the Novotel brand and Makhinjauri location ensuring proximity to the sea. An investment of $175,446 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 property stands out in the city’s new construction market through its partnership with Accor. This apartment ensures managed operations and stable rental demand in a stable tourist flow area. It addresses the needs of investors seeking passive income and residents valuing a quiet district. The property stands out in the city’s new construction market through its partnership.

Map

Interest-free installment
Down payment, $Monthly payment:Duration, month
30% - $52,634$10,234up to 12 months

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