Studio, 38.2 m², 31 floor in "Ramada Residences"

Batumi, Khimshiashvili, 10, Pirosmani
Studio, 38.2 m², 31 floor, Ramada Residences in Batumi

About apartment

  • Article

    13,550,204
  • Numeration

    3113
  • Floor

    31
  • Roominess

    Studio
  • Price

    $154,255
  • Price / m²

    $4,038
  • Total area

    38.2 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

The complex features a swimming pool and lounge area alongside a SPA complex and fitness center. A 5-level parking structure ensures security and service maintenance for all residents. Managing company River Rock oversees commercial spaces including a bar cafeteria and restaurant. A conference hall and sky bar add to the hotel-grade infrastructure within the building. This infrastructure set practically increases the property value for every owner in the project. Tenants receive a format close to a hotel while owners get a product easier to position. Such complexes are chosen when future liquidity matters more than just the entry price.

The unit spanning 38.2 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 residence on the 31 floor ensures privacy and a sense of space. 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 valuation of $154,255 correlates with project implementation stage and development of Heroes Avenue. Central Batumi has few projects where an international hotel brand is integrated. This makes Ramada Residences a clear product for international buyers. For foreign citizens Georgia’s market remains open without special restrictions. The investment horizon for this complex appears medium- to long-term. Price growth potential logically correlates with project implementation stage. Format rarity ensures stronger positions in the secondary market.

Suitable for investors needing an asset in a central location with clear demand. For living if urban rhythm walking distance to the sea and on-site service matter. For relocation if you need a modern housing format with professional management. For passive income if you are interested in a property where rental logic is supported. Brand operator and a strong neighborhood support the investment case. 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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