Studio, 37.5 m², 10 floor in "Novotel Living"

Batumi, Makhinjauri, 62 Tamar Mepe Avenue, 2 Iberia Street
Studio, 37.5 m², 10 floor, Novotel Living in Batumi

About apartment

  • Article

    13,536,488
  • Numeration

    1010
  • Floor

    10
  • Roominess

    Studio
  • Price

    $131,649
  • Price / m²

    $3,510.6
  • Total area

    37.5 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

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.

For resale purposes studios and one-room apartments show better liquidity compared to larger formats in the residential complex. An apartment with an area of 37.5 square meters fits the niche audience orientation which maintains privacy and living comfort. This format addresses the task of long-term capital investment with the possibility of generating passive income through managed operations. The property format assumes apartments with ready-made finishes and the possibility of connecting to the hotel program.

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 $131,649 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 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

Interest-free installment
Down payment, $Monthly payment:Duration, month
30% - $39,495$7,680up to 12 months

Price dynamics

Similar apartments

Studio, 34.6 m²
Sturva Street, 2
6 of 6
Studio, 34.6 m²

$46,710

from $1,350

Batumi Investment
Batumi Investment
Studio, 36 m²
Angisis 1st Lane, 72
19 of 27
Studio, 36 m²

$53,100

from $1,475

Horizons Group
Horizons Group
Studio, 36.3 m²
95 Angisa Street
25 of 29
Studio, 36.3 m²

$50,820

from $1,400

Real Palace
Real Palace
Studio, 33.1 m²
Angisis 1st Lane, 72
22 of 27
Studio, 33.1 m²

$57,760

from $1,745

Horizons Group
Horizons Group
Studio, 37 m²
13 Tbel-Abuseridze St
29 of 36
Studio, 37 m²

$61,975

from $1,675

Like House
Like House
Studio, 35.6 m²
Angisis 1st Lane, 72
16 of 27
Studio, 35.6 m²

$41,830

from $1,175

Horizons Group
Horizons Group
Studio, 35.4 m²
Sturva Street, 2
3 of 6
Studio, 35.4 m²

$42,600

from $1,203

Batumi Investment
Batumi Investment
Studio, 35.2 m²
Angisis 1st Lane, 72
19 of 27
Studio, 35.2 m²

$42,768

from $1,215

Horizons Group
Horizons Group
Studio, 34.6 m²
Sturva Street, 2
6 of 6
Studio, 34.6 m²

$46,710

from $1,350

Batumi Investment
Batumi Investment
Studio, 36.7 m²
near 379 David Agmashenebeli Ave.
14 of 45
Studio, 36.7 m²

$86,245

from $2,350

GEUZ Building
GEUZ Building
Studio, 37.1 m²
Odyssey Dimitriadi Street, 10
5 of 58
Studio, 37.1 m²

$116,048

from $3,128

Ambassadori Group
Ambassadori Group
Studio, 41.2 m²
Angisis 1st Lane, 72
20 of 27
Studio, 41.2 m²

$64,066

from $1,555

Horizons Group
Horizons Group
Studio, 34.9 m²
53 Sherif Himshiashvili Street
31 of 40
Studio, 34.9 m²

$87,175

from $2,500

H Group
H Group
Studio, 39.4 m²
near 379 David Agmashenebeli Ave.
20 of 45
Studio, 39.4 m²

$84,710

from $2,150

GEUZ Building
GEUZ Building
Studio, 39.4 m²
near 379 David Agmashenebeli Ave.
33 of 45
Studio, 39.4 m²

$89,438

from $2,270

GEUZ Building
GEUZ Building
Studio, 36.9 m²
near 379 David Agmashenebeli Ave.
29 of 45
Studio, 36.9 m²

$89,177

from $2,420

GEUZ Building
GEUZ Building

Popular Projects

SportCity

from $44,225

Airport
  • 350 m to the sea
White Linelogo DS Group White Line

White Line

from $37,200

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

Ramada Residences

from $135,131

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

Solana Grand Residences

from $44,625

Kobuleti
  • 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
Get a free consultation

Contact us and a manager will get in touch with you

Get a free consultation