1-bedroom apartment, 47.6 m², 12 floor in "Novotel Living"

Batumi, Makhinjauri, 62 Tamar Mepe Avenue, 2 Iberia Street
1-bedroom apartment, 47.6 m², 12 floor, Novotel Living in Batumi

About apartment

  • Article

    13,535,969
  • Numeration

    1208
  • Floor

    12
  • Roominess

    1-room
  • Price

    $121,856
  • Price / m²

    $2,560
  • Total area

    47.6 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 Novotel Living residential complex is suitable for buyers seeking completed premium-class property with professional management and investment potential. The project solves the long-term capital investment task through the brand location in Makhinjauri district and completed construction stage. For investors this is a format with managed rental for residents a comfortable environment with international-level infrastructure. This residential unit provides a balance between tranquility and infrastructure accessibility in the coastal zone of Batumi.

In the Batumi market compact formats demonstrate high turnover in rental which is related to the tourist profile of the city. An apartment with an area of 47.6 square meters provides enough space for remote workers who consider Georgia as a country for long-term living. The simple purchase procedure for foreigners and ready apartments simplify the relocation process for this category. This size supports the investment logic built on brand location and professional management for stable rental demand.

Upper levels of the building provide enhanced privacy and an expansive view of the coastal zone of Batumi. An apartment on the 12 floor maximizes the view characteristics which form the main demand for rentals in the summer season. This height distinguishes the property from standard new buildings by offering a premium perspective of the sea and city. Upper levels provide enhanced privacy and an expansive view of the coastal zone.

The cost per square meter starts from a competitive level reflecting the completed status of the facility. A price of $121,856 for this apartment accounts for the Novotel brand ensuring tenant trust and competitive rates. This valuation includes the professional management company from Accor which guarantees stable maintenance and occupancy for investors. The cost per square meter starts from a competitive level reflecting the completed status.

Located at Tamar Mepe Avenue the complex combines a quiet residential atmosphere with proximity to tourist attractions. This unit offers the possibility of generating passive income with professional property maintenance. It is an accessible market for international investors with simplified purchase procedures. Located at Tamar Mepe Avenue the complex combines a quiet residential atmosphere.

Map

Interest-free installment
Down payment, $Monthly payment:Duration, month
30% - $36,557$7,108up to 12 months

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