Studio hotel room, 37.5 m², 13 floor in "Novotel Living"

Batumi, Makhinjauri, 62 Tamar Mepe Avenue, 2 Iberia Street
Studio hotel room, 37.5 m², 13 floor, Novotel Living in Batumi

About hotel room

  • Article

    13,536,500
  • Numeration

    1311
  • Floor

    13
  • Roominess

    Studio
  • Price

    $98,625
  • Price / m²

    $2,630
  • 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

The property class is defined as premium with architecture including thirteen floors and well-designed common areas emphasizing environmental sustainability. The completion date of the facility is December first twenty twenty-four which reduces risks for buyers and allows assessment of the actual condition of the property. Implementation stage affects liquidity as completed new buildings in Batumi are in high demand among investors who are not ready to wait for construction to finish. The unique distinction of the project from other residential complexes in the city lies in the Novotel brand which ensures tenant trust.

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 13 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.

The cost per square meter starts from a competitive level reflecting the completed status of the facility. A price of $98,625 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.

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% - $29,588$5,753up to 12 months

Price dynamics

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