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

    13536488
  • 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 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

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

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