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Studio apartment for sale in Batumi, Tamar Mepe Ave, 14 — 48.6 m² for $110,000

Tamar Mepe Ave, 14
$‍‍110,000
$‍2,263 per m2
commission-free
$
1-room
apartment
apartment
48.6 m2
total area
area
10 floor
out of 17
out of 17
Feature of the layout
Layout
Studio
Number of bedrooms
Bedrooms
1 bedroom
Number of bathrooms
Bathrooms
1 bathroom
Additional
Additional
Balcony, Terrace
Year of construction
Year of construction
2025
Listed
Listed
6 March 2026
Updated
Updated
6 March 2026

Description from the seller

This multifunctional complex consists of two 15-story buildings (Blocks A and G) and one 17-story building (Block B), featuring a 5-star international Crowne Plaza hotel in one of the blocks. Complex area: 15,000 m2. Located 50–100 m from the sea. The project developer and investor is a British company with extensive experience in delivering large-scale international projects. Residents enjoy exclusive access to the infrastructure and services of the 5-star Crowne Plaza hotel and the balneological resort. This apartment is a profitable investment. By purchasing a property in this unique project, you can either manage it yourself or use the management company to achieve a return on investment within 4–6 years. The unique balneological resort and wellness SPA services make it an attractive year-round destination for tourists. These factors combined make it a highly interesting, high-yield business investment. Project infrastructure: • private landscaped courtyard with unique plants and trees • private, well-equipped beach connected to the complex by a bridge • children's infrastructure • heated indoor and outdoor swimming pools with seawater • SPA and fitness center • cafes and restaurants • conference hall • 382 m2 lobby connecting all three blocks • concierge service • 24-hour security and video surveillance • two-level underground parking • OTIS elevators in every hall • car wash • dry cleaning • full compliance with fire safety standards • free electric shuttle bus to Batumi • comprehensive facility management • rental opportunities Sales terms: • mortgage available Sea view apartments! Jacuzzi installation on terraces is available for an additional fee. The interior features panoramic glazing for natural light and stunning sea views. Equipped with Iteka kitchen appliances, Grohe, Geberit, and Vitra bathroom accessories, and furniture made from German MDF manufactured in Georgia. Security: Proximity to the sea requires strict adherence to safety standards for resident comfort, which is why moisture-resistant cladding materials were selected for construction. Expenses and Yield: • management company takes 40% of rental income • maintenance fee: $1 per m2 (approx. $580) • utility bills: approx. $160 • projected rental yield: minimum 14.6% per annum Owners receive a 30% discount on hotel services in summer and a 50% discount during other months for facilities such as the fitness club, SPA, and wellness center. Prices for procedures will be set upon the launch of the balneological resort. Owners can rent out the apartment independently without the management company. Direct sale from the owner. No buyer commission.

Building location

Batumi, Mtsvane Kontskhi
, Tamar Mepe Ave, 14

Mortgage for buying real estate

Please note that all calculations provided are approximate. For the final figures, we recommend consulting with both the bank and the seller
GEL
USD
You borrow $‍93,500 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
8 211
monthly payment, a life/property insurance fee is added to the monthly
payment
The provided Nominal and Effect Interest Rates represent the minimum credit facility amount. The actual values will be specified at the time of credit approval. The interest rate given in the table is linked to the public index — Term SOFR.
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