Studio, 36 m², 13 floor in "Novotel Living"

Batumi, Makhinjauri, 62 Tamar Mepe Avenue, 2 Iberia Street
Studio, 36 m², 13 floor, Novotel Living in Batumi

About apartment

  • Article

    13536502
  • Numeration

    1313
  • Floor

    13
  • Roominess

    Studio
  • Price

    $128,880
  • Price / m²

    $3,580
  • Total area

    36 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

District infrastructure development continues with shops cafes and public transport stops within walking distance from the complex entrance. Prospects for property value growth in Makhinjauri are linked to limited supply of completed premium-class properties and continued interest from foreign buyers in Batumi. The district differs from central zones of Batumi by lower construction density and less noise which is an advantage for long-term rental tenants valuing tranquility. The presence of an international-level management company ensures professional property maintenance which is critically important.

A studio with an area of 36 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.

High elevation contributes to the niche audience orientation which maintains privacy and living comfort for residents. An apartment on the 13 floor offers a vantage point over the Makhinjauri district and its continued infrastructure development. This positioning justifies the premium rate through superior views and a sense of exclusivity within the complex. High elevation contributes to the niche audience orientation which maintains privacy.

The value of the apartment at $128,880 is linked to the possibility of connecting to the hotel management program. This cost covers the access to international-level infrastructure including the swimming pool and green territories. For foreign buyers the purchase procedure is simplified making this price point accessible for international investors. The value of the apartment is linked to the possibility of connecting to the hotel program.

The property stands out in the city’s new construction market through its partnership with Accor. This apartment ensures managed operations and stable rental demand in a stable tourist flow area. It addresses the needs of investors seeking passive income and residents valuing a quiet district. The property stands out in the city’s new construction market through its partnership.

Map

Interest-free installment
Down payment, $Monthly payment:Duration, month
30% - $38,664$7,518up to 12 months

Price dynamics

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