1-bedroom apartment, 32.7 m², 21 floor in "Radisson Residences"

Batumi, Airport, 3, 3rd impasse of St. Andrew the First-Called
1-bedroom apartment, 32.66 m², 21 floor, Radisson Residences in Batumi

About apartment

  • Article

    13 535 072
  • Numeration

    2118
  • Floor

    21
  • Roominess

    1-room
  • Price

    $142,397
  • Price / m²

    $4,360
  • Total area

    32.7 m²

About project

“Radisson Residences”

3, 3rd impasse of St. Andrew the First-Called
3, 3rd impasse of St. Andrew the First-Called

47 apt.

47 apartments in
  • Cost per m²

    $3,160
  • Floors

    26
  • Technology

    monolith
  • Features

    pool, beach, gym
  • Distance to the sea

    20 m
  • District

    Airport

Description

The residential complex where the apartment is located stands out against local Batumi new builds due to its status as branded real estate and its unique location just twenty meters from the coastline. This project by the developer Next Group is aimed at buyers who demand absolute transparency in asset management processes and high construction standards. The placement in an ecologically clean area with low building density guarantees the absence of risks regarding the appearance of other high-rise buildings in front of the facade, reliably preserving the panoramic views and the overall liquidity of the property.

An ergonomic space measuring 32.66 m² allows you to minimize asset maintenance costs while ensuring stable occupancy through professional management. This studio format traditionally shows the best ratio of invested funds to rental return in prime resort locations. For guests of the complex, this volume of space is entirely sufficient to comfortably enjoy all the advantages of the beachfront and premium hotel services.

The location on the 21 floor opens up breathtaking panoramic perspectives, which act as one of the main pricing factors in the premium real estate segment. The high altitude guarantees the absolute maximum amount of natural light and clean sea air, completely eliminating the influence of urban noise. Residing on the upper tiers of a branded building heavily emphasizes the status of the owner and provides an unsurpassed level of privacy far away from any tourist bustle.

Financial conditions set at $142,397 are logically substantiated by the proven business model of branded residences. The direct participation of an international operator in rental management allows for the generation of a stable passive income, completely relieving the owner from operational routines. This specific cost acts as an entry ticket into a finely tuned hotel business system, where consistent demand is reliably provided by the brand’s unified client base operating efficiently all year round.

The project offers a highly understandable and well-protected business model, reliably supported by a unique location just twenty meters from the water and the stellar reputation of the developer Next Group. This asset stands out in the market for its objective resilience to crises due to the deep involvement of a global hotel chain. You can learn more about the procedure for registering full ownership during a discussion with an expert.

Map

Interest-free installment
Down payment, $Monthly payment:Duration, month
20% - $28,479$4,747up to 36 months

Price dynamics

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