1-bedroom apartment, 52.1 m², 12 floor in "Novotel Living"

Batumi, Makhinjauri, 62 Tamar Mepe Avenue, 2 Iberia Street
{{roomApartmentOrStudio}}, 52.1 m², 12 floor, Novotel Living in Batumi

About apartment

  • Article

    13,535,968
  • Numeration

    1207
  • Floor

    12
  • Roominess

    1-room
  • Price

    $126,126
  • Price / m²

    $2,420.8
  • Total area

    52.1 m²

About project

Novotel Living

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

2 main_info.buildings_count.building, 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 investment horizon for such a format is logically considered from three years allowing completion of a full cycle of seasonal rental and fixing property value growth. Current construction status means the facility is completed so the buyer receives ready property without unfinished construction risks or delays. The ownership format assumes full ownership rights with simplified purchase procedure for foreigners in Georgia. The Novotel Living residential complex is suitable for buyers seeking completed premium-class property with professional management.

One-room apartments from forty-four point five square meters are in demand among couples and small families seeking a place for seasonal living. A unit with an area of 52.1 square meters offers a balance between tranquility and infrastructure accessibility in the coastal zone. This size supports the investment logic built on brand location and professional management for stable rental demand. One-room apartments are in demand among couples and small families seeking a place for seasonal living.

High elevation contributes to the niche audience orientation which maintains privacy and living comfort for residents. An apartment on the 12 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.

Market demand is formed due to the Novotel brand and Makhinjauri location ensuring proximity to the sea. An investment of $126,126 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.

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% - $37,838$7,357up to 12 months

Price dynamics

Similar apartments

1-room, 52.8 m²
Grigol Lortkipanidze street, 5
4 of 22
1-room, 52.8 m²

$89,165

from $1,689

One Development
One Development
1-room, 50.8 m²
Adlia street, 58e
3 of 9
1-room, 50.8 m²

$109,220

from $2,150

Homex
Homex
1-room, 51.9 m²
Angisis 1st Lane, 72
17 of 27
1-room, 51.9 m²

$62,021

from $1,195

Horizons Group
Horizons Group
1-room, 56.2 m²
Zhuli Shartava Avenue, 18
32 of 45
1-room, 56.2 m²

$79,804

from $1,420

Grand Maison
Grand Maison
1-room, 48.5 m²
53 Sherif Himshiashvili Street
35 of 40
1-room, 48.5 m²

$121,150

from $2,500

H Group
H Group
1-room, 51.5 m²
Lech and Maria Kachinski St, 19/1
16 of 18
1
1-room, 51.5 m²

$70,555

from $1,370

Elt Building
Elt Building
1-room, 55.3 m²
Sturva Street, 2
5 of 6
1-room, 55.3 m²

$71,890

from $1,300

Batumi Investment
Batumi Investment
1-room, 50.9 m²
1st lane Svimon Kananeli, 6
18 of 20
1-room, 50.9 m²

$581,074

from $11,416

 European Village
European Village
1-room, 54.1 m²
55 Vazha-Pshavela str.
14 of 16
1-room, 54.1 m²

$81,150

from $1,500

Elit Msheni
Elit Msheni
1-room, 50.6 m²
3, 3rd impasse of St. Andrew the First-Called
12 of 26
1-room, 50.6 m²

$191,268

from $3,780

Next Group
Next Group
1-room, 53.6 m²
13 Tbel-Abuseridze St
36 of 36
1-room, 53.6 m²

$96,480

from $1,800

Like House
Like House
1-room, 52.8 m²
13 Tbel-Abuseridze St
13 of 36
1-room, 52.8 m²

$118,800

from $2,250

Like House
Like House
1-room, 56.6 m²
Demetre Tavdadebuli St, 48
9 of 25
1-room, 56.6 m²

$59,430

from $1,050

Save Development
Save Development
Studio, 50.1 m²
3, 3rd impasse of St. Andrew the First-Called
15 of 26
Studio, 50.1 m²

$187,524

from $3,740

Next Group
Next Group
1-room, 56.2 m²
Zhuli Shartava Avenue, 18
32 of 45
1-room, 56.2 m²

$75,870

from $1,350

Grand Maison
Grand Maison
1-room, 53.6 m²
13 Tbel-Abuseridze St
29 of 36
1-room, 53.6 m²

$128,640

from $2,400

Like House
Like House

Popular Projects

SportCity

from $44,225

Airport
  • Installment 48 mos.
  • 50 m to the sea
Alliance Centropolislogo Alliance Group Alliance Centropolis

Alliance Centropolis

from $103,664

Rustaveli
  • Installment 8 mos.
  • 150 m to the sea
Next Downtownlogo Next Group Next Downtown

Next Downtown

from $161,460

Old City
  • Installment 60 mos.
  • 500 m to the sea
Solana Grand Residenceslogo Solana Development Solana Grand Residences

Solana Grand Residences

from $44,625

Kobuleti
  • 350 m to the sea
White Linelogo DS Group White Line

White Line

from $37,200

Airport
  • 356 m to the sea
Ramada Residenceslogo One Development Ramada Residences

Ramada Residences

from $135,131

Khimshiashvili
Get a free consultation

Contact us and a manager will get in touch with you

Get a free consultation