1-bedroom apartment, 40.6 m², 10 floor in "OG Residence"

Batumi, Gonio-Kvariati, Andria Pirveltsodebuli Highway, 106
1-bedroom apartment, 40.6 m², 10 floor, OG Residence in Batumi
About apartment
Article : 55520
Numeration : 68
Floor : 10
Roominess : 1-room
Price : $ 111,650
Price / m² : $ 2,750
Total area : 40.6 m²
About project
Studios : $ 59,405
1-room apartments : $ 96,788
Cost per m² : $ 2,225
Apartments : from 21.8 to 69.3 m²
Floors : 10
Number of apartments : 39
Elevator : yes
Distance to the sea : 150 m
District : Gonio-Kvariati
Description

The investment logic of this residential complex is built on three factors including location with confirmed tourist demand and apartment format oriented toward rental. The completion of the first building means the object is at the final construction stage, reducing long-term construction risks for buyers. Rental demand is formed by the tourist flow to the Gonio-Kvariati area where main tenants are tourists seeking comfortable housing near the sea. Compact apartment formats ensure high occupancy during the resort season while the ownership format allows foreigners to purchase real estate in Georgia without additional restrictions.

The 40.6 m² layout provides expanded living conditions for those seeking permanent relocation or long-term family stays. This format maximizes the utility of panoramic windows offering views of the sea and city. Larger apartments in this complex are in demand among buyers who prioritize comfort alongside investment potential. The square footage accommodates additional furniture while retaining the liquidity benefits of the Gonio-Kvariati location.

Situated on the 10 floor the unit maximizes views of the sea and city through large panoramic windows. Upper levels offer increased privacy and reduced street noise enhancing the perception of space. This location within the building is highly valued for rental purposes due to the superior vantage points. The height contributes to the overall investment appeal by distinguishing the property from lower-level units.

The cost of $111,650 reflects the market level for the Gonio-Kvariati district corresponding to the mid-price segment. This pricing strategy avoids overpayment for excessive premium features while ensuring quality construction technologies. Buyers purchasing at this stage fix the price before the object is commissioned reducing long-term risks. The value is supported by the confirmed tourist demand and developed tourist infrastructure in the area.

OG Residence represents a balanced project for buyers seeking real estate in Batumi with clear investment logic. The combination of proximity to the sea with developed internal infrastructure distinguishes it from most new buildings. Compact apartment formats and own infrastructure ensure liquidity for both rental and subsequent resale. For clarification of current terms contact the project managers for detailed information.

Map
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