The historic atmosphere of Old Batumi serves as the perfect backdrop for this residential project, offering a charm that is impossible to recreate in newer districts. Piazza Residence is surrounded by administrative buildings, boutiques, and the city’s most important religious and cultural landmarks. This environment attracts a specific segment of high-income tenants and business travelers who seek a historical context for their stay. By choosing a property here, you are investing in the cultural heart of the city, where the surrounding architecture is preserved and protected, ensuring that your views and the prestige of your address will remain unchanged for decades to come.
A studio with an area of 37.9 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 13 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 $113,700 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 37.9 m², this cost is a rational entry into the premium market, where occupancy rates stay consistently high even during the off-season.
This property represents a rare opportunity to live surrounded by the architectural heritage and vibrant energy of Old Batumi. Its strategic location and premium infrastructure ensure that the value of the asset will remain stable over the long term. You may compare this offer with other options in the project to find the perfect fit for your investment strategy.
