1-bedroom apartment, 64.2 m², 39 floor in "Ramada Residences"

Batumi, Khimshiashvili, 10, Pirosmani
1-bedroom apartment, 64.2 m², 39 floor, Ramada Residences in Batumi

About apartment

  • Article

    13 550 368
  • Numeration

    3905
  • Total floors

    39
  • Roominess

    1-room
  • Price

    $234,331
  • Price / m²

    $3,650.0156
  • Total area

    64.2 m²

About project

“Ramada Residences”

10, Pirosmani
10, Pirosmani

260 apt.

260 apartments in
  • Cost per m²

    $3,175
  • Class

    premium
  • Floors

    39
  • Elevator

    yes
  • Number of elevators

    4
  • Features

    pool, gym
  • Distance to the sea

    356 m
  • District

    Khimshiashvili

Description

With 64.2 m² the unit covers broader demand than standard hotel accommodations. Rental demand is driven by the brand plus service plus location combination. The project will attract tourists business guests digital nomads and buyers seeking a living format. Branded residences in central Batumi are chosen because they scale more easily in rentals. They retain stronger positions in the secondary market compared to standard apartments. Mid-sized formats with kitchens are most versatile for investors and residents. These are easier to rent to tourists expats and mid-term tenants in the city.

A residence of 64.2 m² provides a balance between compact efficiency and living comfort. Mid-sized formats with kitchens are most versatile for investors and residents. These are easier to rent to tourists expats and mid-term tenants in the city. Ramada Residences has an advantage over classic hotel rooms because the unit is closer to housing. Thus it covers broader demand than standard hotel accommodations in the area. The branded residences format ensures high service standards even for smaller living spaces. Such units are easier to rent to tourists expats and mid-term tenants.

Upper levels at floor 39 convey a prestige associated with branded residences. By market logic the project belongs to the investment-premium segment for discerning buyers. The reason lies in the combination of an international hotel brand and operational model. Such complexes are chosen when future liquidity matters more than just the entry price. Central Batumi has few projects where an international hotel brand is integrated. This makes Ramada Residences a clear product for international buyers. For foreign citizens Georgia’s market remains open without special restrictions.

Investing $234,331 secures an address on Heroes Avenue one of Batumi’s most sought-after areas. Approximately 356 meters to the sea adds significant value to the asset. Service management by River Rock ensures operational stability for owners. Full hotel-grade infrastructure within the complex supports the price level. Kitchens in residences expand rental scenarios beyond standard hotel rooms. Scarcity of similar branded residential projects in the city center drives demand. This makes the location more resilient than purely seasonal coastal areas.

Branded residences in central Batumi are chosen because they scale more easily in rentals. They retain stronger positions in the secondary market compared to standard apartments. Price growth potential logically correlates with project implementation stage. Format rarity ensures stronger positions in the secondary market. Central Batumi has few projects where an international hotel brand is integrated. This makes Ramada Residences a clear product for international buyers. For foreign citizens Georgia’s market remains open without special restrictions.

Map

Price dynamics

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