Studio, 36 m², 9 floor in "Novotel Living"

Batumi, Makhinjauri, 62 Tamar Mepe Avenue, 2 Iberia Street
Studio, 36 m², 9 floor, Novotel Living in Batumi

About apartment

  • Article

    13536485
  • Numeration

    913
  • Floor

    9
  • Roominess

    Studio
  • Price

    $126,000
  • Price / m²

    $3,500
  • 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
  • Completion of construction

    December 1, 2024
  • Distance to the sea

    100 m
  • District

    Makhinjauri

Description

District infrastructure development continues with shops cafes and public transport stops within walking distance from the complex entrance. Prospects for property value growth in Makhinjauri are linked to limited supply of completed premium-class properties and continued interest from foreign buyers in Batumi. The district differs from central zones of Batumi by lower construction density and less noise which is an advantage for long-term rental tenants valuing tranquility. The presence of an international-level management company ensures professional property maintenance which is critically important.

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.

A residence on the 9 floor offers a balance between height and comfort typical for the middle section of the building. This level provides sufficient elevation to reduce street noise while maintaining easy access to elevators and common areas. It represents a standard choice for those seeking a quiet residential atmosphere without being too high up. A residence offers a balance between height and comfort typical for the middle section.

The cost per square meter starts from a competitive level reflecting the completed status of the facility. A price of $126,000 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 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% - $37,800$7,350up to 12 months

Price dynamics

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