1-bedroom apartment, 58.4 m², 6 floor in "Radisson Residences"

Batumi, Airport, 3, 3rd impasse of St. Andrew the First-Called
1-bedroom apartment, 58.42 m², 6 floor, Radisson Residences in Batumi

About apartment

  • Article

    13 535 018
  • Numeration

    624
  • Total floors

    21
  • Roominess

    1-room
  • Price

    $187,376
  • Price / m²

    $3,207.3948
  • Total area

    58.4 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

    21
  • 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.

A living space measuring 58.42 m² allows for the implementation of a full one-bedroom apartment concept, where the bedroom is completely separated from the living area. This kind of area greatly expands the target audience of potential tenants, including not only weekend tourists but also solvent freelancers wintering by the sea. Within the context of a premium complex, this format is perceived as highly prestigious housing, fully ready to satisfy the demands of discerning clients.

Locating the apartment on the 6 floor ensures maximum independence from elevator systems and allows you to instantly find yourself on the territory of the complex. For resort real estate, this level is particularly convenient: the journey from the apartments to the swimming pools, restaurants, or private beach takes literally a few minutes. This makes the living experience incredibly dynamic and comfortable for families with children or elderly people who prefer to avoid any unnecessary waiting.

Financial conditions set at $187,376 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% - $37,475$6,246up to 36 months

Price dynamics

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