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

    13536503
  • Numeration

    1314
  • Floor

    13
  • Roominess

    Studio
  • Price

    $127,090
  • Price / m²

    $3,530.3
  • 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

The presence of an international-level management company ensures professional property maintenance which is critically important for investors who do not permanently reside in Georgia. The swimming pool and common areas increase attractiveness for tenants and justify the premium rate of the residential complex. Commercial premises on the first floors provide additional services while security and video surveillance ensure safety for all residents living in the building. The apartment area range is from thirty-four point three to sixty-seven point three square meters with three formats.

For resale purposes studios and one-room apartments show better liquidity compared to larger formats in the residential complex. An apartment with an area of 36 square meters fits the niche audience orientation which maintains privacy and living comfort. This format addresses the task of long-term capital investment with the possibility of generating passive income through managed operations. The property format assumes apartments with ready-made finishes and the possibility of connecting to the hotel program.

Upper levels of the building provide enhanced privacy and an expansive view of the coastal zone of Batumi. An apartment on the 13 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.

Current construction status being completed affects liquidity and supports the pricing structure of the residential complex. A unit priced at $127,090 eliminates delay risks and allows assessment of actual property quality before purchase. This financial parameter aligns with the investment horizon logically considered from three years for full cycle rental. Current construction status being completed affects liquidity and supports pricing structure.

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% - $38,127$7,414up to 12 months

Price dynamics

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