Studio, 37.7 m², 20 floor in "Ramada Residences"

Batumi, Khimshiashvili, 10, Pirosmani
Studio, 37.7 m², 20 floor, Ramada Residences in Batumi

About apartment

  • Article

    13,550,153
  • Numeration

    2012
  • Floor

    20
  • Roominess

    Studio
  • Price

    $142,581
  • Price / m²

    $3,782
  • Total area

    37.7 m²

About project

Ramada Residences

10, Pirosmani
10, Pirosmani

274 apt.

274 apartments in
  • Cost per m²

    $3,175
  • Class

    premium
  • Floors

    45
  • Elevator

    yes
  • Number of elevators

    4
  • Distance to the sea

    356 m
  • District

    Khimshiashvili

Description

Architecturally the project follows a modern urban format with view-oriented features throughout the building. The complex features branded interiors according to Ramada by Wyndham standards and full kitchen areas. A lock-and-leave scenario is available for owners who travel frequently. Project completion date is set according to the development schedule by One Development. Management is entrusted to River Rock enhancing the service component for all residents. This is a solution for those who view the purchase as an investment in a rental business. Comfortable living without compromising between privacy and service is the main objective.

The unit spanning 37.7 m² represents a versatile asset for passive income generation. Compact and mid-sized formats with kitchens are most versatile for investors. These are easier to rent to tourists expats and mid-term tenants in the city. Ramada Residences has an advantage over classic hotel rooms because the unit is closer to housing. Thus it covers broader demand than standard hotel accommodations in the area. Rental demand is driven by the brand plus service plus location combination. Branded residences in central Batumi are chosen because they scale more easily in rentals.

The apartment on the 20 floor offers a balance of height and comfort. View-oriented features are part of the modern urban format of the building. Architecturally the project follows a modern urban format with view-oriented features. The complex features branded interiors according to Ramada by Wyndham standards. Management is entrusted to River Rock enhancing the service component for all residents. This infrastructure set practically increases the property value for every owner. Tenants receive a format close to a hotel while owners get a product.

The cost of $142,581 reflects the branded residences format under Ramada by Wyndham. Price per square meter starts from market rates for this segment. Payment terms available upon request for interested buyers. From a liquidity perspective in Batumi compact and mid-sized formats with kitchens are versatile. These are easier to rent to tourists expats and mid-term tenants. Ramada Residences has an advantage over classic hotel rooms because the unit is housing. Thus it covers broader demand than standard hotel accommodations in the area.

This apartment combines international service standards stable neighborhood demand and limited supply. Branded residences in central Batumi are chosen for this combination of factors. If your goal is an investment with a clear operational model consider this. Living with hotel-level comfort meets both objectives without compromise. To select the optimal layout and current terms submit a consultation request. Ramada Residences is service-oriented real estate for those who choose Batumi. The project is worth considering when liquidity brand and managed format matter.

Map

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