Studio, 36 m², 4 floor in "Novotel Living"

Batumi, Makhinjauri, 62 Tamar Mepe Avenue, 2 Iberia Street
{{roomApartmentOrStudio}}, 36 m², 4 floor, Novotel Living in Batumi

About apartment

  • Article

    13,547,767
  • Numeration

    413
  • Floor

    4
  • Roominess

    Studio
  • Price

    $122,400
  • Price / m²

    $3,400
  • 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 investment horizon for such a format is logically considered from three years allowing completion of a full cycle of seasonal rental and fixing property value growth. Current construction status means the facility is completed so the buyer receives ready property without unfinished construction risks or delays. The ownership format assumes full ownership rights with simplified purchase procedure for foreigners in Georgia. The Novotel Living residential complex is suitable for buyers seeking completed premium-class property with professional management.

A studio with an area of 36 square meters is the most liquid format for short-term rental in the Batumi market. This compact space allows efficient use of premium infrastructure including the swimming pool. Such a layout is ideal for investors seeking high turnover related to the tourist profile of the city. In the Batumi market compact formats demonstrate high turnover in rental which is related to the tourist profile.

The lower position in the thirteen-floor architecture offers a sense of stability and connection to the landscaped surroundings. Living on the 4 floor means being closer to the street-level infrastructure including shops and cafes within walking distance. This level is suitable for buyers who prefer easy mobility and immediate access to the district amenities. The lower position offers a sense of stability and connection to the landscaped surroundings.

Market demand is formed due to the Novotel brand and Makhinjauri location ensuring proximity to the sea. An investment of $122,400 secures a property in a district with lower construction density and less noise. This pricing strategy targets buyers who view the property both as a place to live and as an investment asset. Market demand is formed due to the Novotel brand and Makhinjauri location ensuring proximity.

The property stands out in the city’s new construction market through its partnership with Accor. This apartment ensures managed operations and stable rental demand in a stable tourist flow area. It addresses the needs of investors seeking passive income and residents valuing a quiet district. The property stands out in the city’s new construction market through its partnership.

Map

Installment without price increase
Down payment, $Monthly payment:Duration, month
30% - $36,720$7,140up to 12 months

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