1-bedroom apartment, 49.9 m², 11 floor in "Piazza Residence"

Batumi, Old City, Vakhtang Gorgasali St., 61
1-bedroom apartment, 49.9 m², 11 floor, Piazza Residence in Batumi

About apartment

  • Article

    13538472
  • Numeration

    1103
  • Floor

    11
  • Roominess

    1-room
  • Price

    $162,175
  • Price / m²

    $3,250
  • Total area

    49.9 m²

About project

Piazza Residence

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

70 apt.

70 apartments in
  • Cost per m²

    $2,250
  • Floors

    18
  • Elevator

    yes
  • Technology

    monolith
  • Features

    gym
  • Distance to the sea

    1000 m
  • District

    Old City

Description

The location of this property in the center of Old Batumi automatically classifies it as one of the most liquid real estate assets in the region. Situated just 300 meters from the shoreline and the Seaside Park, the complex offers immediate access to the beach and the city’s primary tourist attractions. St. Nicholas Church and the historic seaport are just steps away, providing a unique charm that cannot be replicated in the newer districts. For residents, this means being surrounded by the best restaurants, boutiques, and cultural events, while investors benefit from a location that remains in high demand throughout the entire year.

Choosing a layout of 49.9 m² ensures high liquidity, as one-bedroom formats are favored by both local residents and international investors. This size is large enough to be considered a premium asset while remaining easy to maintain. In the context of Old Batumi’s limited new construction, such a represents a stable investment that retains its value against inflation due to its scarcity.

The 11 floor represents the most versatile choice within the project, appealing to a wide range of potential tenants and buyers. At this height, the apartment feels detached from the street activity while still being part of the Old Batumi landscape. The panoramic windows on this level fill the interior with natural light, showcasing the premium quality of the residential complex’s architecture.

The valuation of $162,175 is driven by the property’s position just 300 meters from the shoreline and the famous Seaside Park. High liquidity is guaranteed, as properties in the Old Town are always in demand among foreign and local buyers. This price point secures your ownership in a trophy asset that stands as a benchmark for architectural prestige and investment stability in Georgia.

Piazza Residence remains a benchmark project for those seeking a trophy asset in the heart of Old Batumi. This apartment combines historical value with modern comfort, offering a stable and prestigious environment for both living and investment. You can request more information to explore the specific layout and secure your place in this iconic complex.

Map

Interest-free installment
Down payment, $Monthly payment:Duration, month
10% - $16,218$4,561up to 32 months

Price dynamics

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