Studio, 38.6 m², 9 floor in "Novotel Living"

Batumi, Makhinjauri, 62 Tamar Mepe Avenue, 2 Iberia Street
Studio, 38.6 m², 9 floor, Novotel Living in Batumi

About apartment

  • Article

    13,535,926
  • Numeration

    901
  • Floor

    9
  • Roominess

    Studio
  • Price

    $114,855
  • Price / m²

    $2,975.5
  • Total area

    38.6 m²

About project

Novotel Living

62 Tamar Mepe Avenue, 2 Iberia Street
62 Tamar Mepe Avenue, 2 Iberia Street

2 buildings, 66 apt.

66 apartments in
  • Cost per m²

    $2,285
  • Floors

    13
  • Features

    pool
  • Completion of construction

    December 1, 2024
  • Distance to the sea

    100 m
  • District

    Makhinjauri

Description

The unique distinction of the project from other residential complexes in the city lies in the Novotel brand which ensures tenant trust and allows setting competitive rates. The project scale is oriented toward a niche audience which maintains privacy and living comfort for residents. Proximity to the sea forms the main demand for rentals in the summer season while tourist flow in Makhinjauri is stable thanks to the beach area and developed embankment nearby. District infrastructure development continues with shops cafes and public transport stops within walking distance from the complex entrance.

A studio with an area of 38.6 square meters is the most liquid format for short-term rental in the Batumi market. This compact space allows efficient use of premium infrastructure including the swimming pool. Such a layout is ideal for investors seeking high turnover related to the tourist profile of the city. In the Batumi market compact formats demonstrate high turnover in rental which is related to the tourist profile.

Living on the 9 floor ensures a comfortable distance from the ground-level activity while enjoying the premium class property features. This elevation allows for better light penetration into the apartment with ready-made finishes. It is a versatile option for both seasonal rental and personal living offering a neutral perspective of the Makhinjauri district. Living ensures a comfortable distance from the ground-level activity while enjoying features.

Market demand is formed due to the Novotel brand and Makhinjauri location ensuring proximity to the sea. An investment of $114,855 secures a property in a district with lower construction density and less noise. This pricing strategy targets buyers who view the property both as a place to live and as an investment asset. Market demand is formed due to the Novotel brand and Makhinjauri location ensuring proximity.

This residential unit provides a balance between tranquility and infrastructure accessibility in the coastal zone. The project solves the long-term capital investment task through the brand and location advantages. Buyers receive a ready property without unfinished construction risks and with full ownership rights. This residential unit provides a balance between tranquility and infrastructure accessibility.

Map

Interest-free installment
Down payment, $Monthly payment:Duration, month
30% - $34,457$6,700up to 12 months

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