Studio, 36 m², 13 floor in "Novotel Living"

Batumi, Makhinjauri, 62 Tamar Mepe Avenue, 2 Iberia Street
{{roomApartmentOrStudio}}, 36 m², 13 floor, Novotel Living in Batumi

About apartment

  • Article

    13,536,503
  • Numeration

    1314
  • Floor

    13
  • Roominess

    Studio
  • Price

    $127,090
  • Price / m²

    $3,530.3
  • Total area

    36 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
  • Studios

    $96,256
  • 1-room apartments

    $119,070
  • 2-room apartments

    $207,654
  • 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 presence of an international-level management company ensures professional property maintenance which is critically important for investors who do not permanently reside in Georgia. The swimming pool and common areas increase attractiveness for tenants and justify the premium rate of the residential complex. Commercial premises on the first floors provide additional services while security and video surveillance ensure safety for all residents living in the building. The apartment area range is from thirty-four point three to sixty-seven point three square meters with three formats.

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 36 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.

Current construction status being completed affects liquidity and supports the pricing structure of the residential complex. A unit priced at $127,090 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.

Located at Tamar Mepe Avenue the complex combines a quiet residential atmosphere with proximity to tourist attractions. This unit offers the possibility of generating passive income with professional property maintenance. It is an accessible market for international investors with simplified purchase procedures. Located at Tamar Mepe Avenue the complex combines a quiet residential atmosphere.

Map

Installment without price increase
Down payment, $Monthly payment:Duration, month
30% - $38,127$7,414up to 12 months

Price dynamics

Similar apartments

Studio, 36.9 m²
Tsminda Andria Pirveltsodebuli 3rd Deadlock, 18a/16b
14 of 19
Studio, 36.9 m²

$130,073

from $3,525

Green Side
Green Side
Studio, 36.3 m²
95 Angisa Street
25 of 29
Studio, 36.3 m²

$50,820

from $1,400

Real Palace
Real Palace
Studio, 35.2 m²
Angisis 1st Lane, 72
22 of 27
Studio, 35.2 m²

$45,936

from $1,305

Horizons Group
Horizons Group
Studio, 36.5 m²
11 Tbel Abuseridze Street
27 of 47
Studio, 36.5 m²

$73,000

from $2,000

Next Group
Next Group

Popular Projects

  • Installment 48 mos.
  • 50 m to the sea
Alliance Centropolislogo Alliance Group Alliance Centropolis

Alliance Centropolis

from $103,664

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

White Line

from $37,200

Airport
  • Installment 8 mos.
  • 150 m to the sea
Next Downtownlogo Next Group Next Downtown

Next Downtown

from $161,460

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

Solana Grand Residences

from $44,625

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

Ramada Residences

from $135,131

Khimshiashvili

SportCity

from $44,225

Airport
Get a free consultation

Contact us and a manager will get in touch with you

Get a free consultation