Studio, 36.8 m², 10 floor in "Piazza Residence"

Batumi, Old City, Vakhtang Gorgasali St., 61
Studio, 36.8 m², 10 floor, Piazza Residence in Batumi

About apartment

  • Article

    13,542,037
  • Numeration

    1006
  • Floor

    10
  • Roominess

    Studio
  • Price

    $106,720
  • Price / m²

    $2,900
  • Total area

    36.8 m²

About project

Piazza Residence

Vakhtang Gorgasali St., 61
Vakhtang Gorgasali St., 61

75 apt.

75 apartments in
  • Cost per m²

    $2,450
  • Floors

    18
  • Elevator

    yes
  • Technology

    monolith
  • Distance to the sea

    1000 m
  • District

    Old City

Description

In a city dominated by massive multi-thousand-unit skyscrapers, Piazza Residence offers a distinct alternative through its boutique scale and limited supply. Located in a historical zone where new construction sites are virtually non-existent, the project maintains a high market value due to its scarcity. This supply deficit ensures that the property remains a priority choice for discerning buyers who seek exclusivity rather than mass-market housing. Owning an apartment here signifies belonging to a limited circle of owners who appreciate the Venetian-inspired design and the unique privilege of living directly on the most famous square in Batumi.

A studio with an area of 36.8 m² is the most efficient format for generating high-yield rental income in the heart of Old Batumi. Such compact layouts are in constant demand among tourists who prioritize proximity to Piazza Square and local restaurants. The limited supply of small units in the historical center ensures maximum occupancy throughout the year, making this a smart choice for passive investors.

Residing on the 10 floor allows you to enjoy the best of both worlds: stunning mountain views and the architectural beauty of the square. This elevation provides enough privacy for long-term living while keeping you close to the 24/7 hotel services provided by the management company. It is a strategically sound choice for those looking for a stable and prestigious asset in the historical core.

The price of $106,720 for a property in such a prime location is supported by its high rental potential in the short-term tourism segment. Being at the epicenter of cultural life and festivals ensures a stable flow of high-income tenants. For an area of 36.8 m², this cost is a rational entry into the premium market, where occupancy rates stay consistently high even during the off-season.

With professional management and premium hotel services, this complex is an ideal solution for generating passive rental income. The high quality of materials from Archi and the inclusion of underground parking make it one of the most comfortable residences in the historic center. We invite you to clarify the latest availability and layout details for this exceptional project.

Map

Interest-free installment
Down payment, $Monthly payment:Duration, month
10% - $10,672$3,002up to 32 months

Price dynamics

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