1-bedroom apartment, 52.1 m², 10 floor in "Novotel Living"

Batumi, Makhinjauri, 62 Tamar Mepe Avenue, 2 Iberia Street
1-bedroom apartment, 52.1 m², 10 floor, Novotel Living in Batumi

About apartment

  • Article

    13535960
  • Numeration

    1007
  • Floor

    10
  • Roominess

    1-room
  • Price

    $125,244
  • Price / m²

    $2,403.9
  • Total area

    52.1 m²

About project

Novotel Living

62 Tamar Mepe Avenue, 2 Iberia Street
62 Tamar Mepe Avenue, 2 Iberia Street

2 buildings, 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 Novotel Living residential complex in Batumi represents a premium real estate format created specifically for buyers who view property as both a place to live and as a solid investment asset. This project stands out significantly in the city’s new construction market through its strategic partnership with the international hotel group Accor, ensuring fully managed operations and stable rental demand. Located in the prestigious Makhinjauri district, the complex effectively addresses the task of long-term capital investment with the real possibility of generating passive income through professional management and global booking systems. The implementation stage affects liquidity as completed new buildings in Batumi are in high demand.

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 52.1 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.

Upper levels of the building provide enhanced privacy and an expansive view of the coastal zone of Batumi. An apartment on the 10 floor maximizes the view characteristics which form the main demand for rentals in the summer season. This height distinguishes the property from standard new buildings by offering a premium perspective of the sea and city. Upper levels provide enhanced privacy and an expansive view of the coastal zone.

Current construction status being completed affects liquidity and supports the pricing structure of the residential complex. A unit priced at $125,244 eliminates delay risks and allows assessment of actual property quality before purchase. This financial parameter aligns with the investment horizon logically considered from three years for full cycle rental. Current construction status being completed affects liquidity and supports pricing structure.

The investment logic is built on brand location and professional management ensuring stable occupancy rates. This apartment represents a premium real estate format created for buyers viewing property as an asset. Submit a consultation request to select an apartment for your task and receive current information. The investment logic is built on brand location and professional management ensuring rates.

Map

Interest-free installment
Down payment, $Monthly payment:Duration, month
30% - $37,573$7,306up to 12 months

Price dynamics

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