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

Batumi, Makhinjauri, 62 Tamar Mepe Avenue, 2 Iberia Street
Studio, 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 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 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

Interest-free installment
Down payment, $Monthly payment:Duration, month
30% - $36,720$7,140up to 12 months

Similar apartments

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, 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
near 379 David Agmashenebeli Ave.
23 of 45
Studio, 37 m²

$80,551

from $2,180

GEUZ Building
GEUZ Building
Studio, 33.2 m²
Angisis 1st Lane, 72
10 of 27
Studio, 33.2 m²

$36,354

from $1,095

Horizons Group
Horizons Group
Studio, 38.4 m²
near 379 David Agmashenebeli Ave.
9 of 45
Studio, 38.4 m²

$82,176

from $2,140

GEUZ Building
GEUZ Building
Studio, 35.4 m²
Sturva Street, 2
5 of 6
Studio, 35.4 m²

$46,150

from $1,304

Batumi Investment
Batumi Investment
Studio, 33.4 m²
Angisis 1st Lane, 72
8 of 27
Studio, 33.4 m²

$35,905

from $1,075

Horizons Group
Horizons Group
Studio, 32 m²
13 Tbel-Abuseridze St
35 of 36
Studio, 32 m²

$61,600

from $1,925

Like House
Like House
Studio, 38.9 m²
near 379 David Agmashenebeli Ave.
9 of 45
Studio, 38.9 m²

$91,804

from $2,360

GEUZ Building
GEUZ Building
Studio, 32.7 m²
Adlia street, 58e
8 of 9
Courtyard, Mountains
Studio, 32.7 m²

$103,005

from $2,300

Homex
Homex
Studio, 35.4 m²
Angisis 1st Lane, 72
16 of 27
Studio, 35.4 m²

$41,595

from $1,175

Horizons Group
Horizons Group
Studio, 37.6 m²
95 Angisa Street
28 of 29
Studio, 37.6 m²

$58,280

from $1,550

Real Palace
Real Palace
Studio, 35.4 m²
Sturva Street, 2
3 of 6
Studio, 35.4 m²

$42,600

from $1,203

Batumi Investment
Batumi Investment
Studio, 31.5 m²
13 Tbel-Abuseridze St
22 of 36
Studio, 31.5 m²

$68,513

from $2,175

Like House
Like House
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, 38.4 m²
near 379 David Agmashenebeli Ave.
11 of 45
Studio, 38.4 m²

$83,712

from $2,180

GEUZ Building
GEUZ Building

Popular Projects

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

Alliance Centropolis

from $277

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

White Line

from $37,200

Airport

SportCity

from $44,225

Airport
Get a free consultation

Contact us and a manager will get in touch with you

Get a free consultation