2-room apartment for sale in Batumi, Parnavaz Mepe St, 150 — 55 m² for $159,500

The apartment is located in Old Batumi – the historic city center, where the supply of new quality housing is strictly limited. The apartment is bright and sunny. The living room receives its best light from noon onwards, offering stunning sea sunsets in the evening. Finishes & Materials: • all furniture is made of MDF with eco-friendly lacquer coating • linear lighting throughout the apartment • aluminum sliding doors – silent, threshold-free, visually expanding the space • underfloor heating throughout, Spanish porcelain tiles Appliances & Equipment: • full set of built-in Bosch appliances • Samsung 55" TV (2026 model) • Duson premium orthopedic mattress • Grohe plumbing fixtures Investment Potential: The apartment requires final furnishing (sofa, textiles, shower enclosure, decor elements) – after which it will be fully ready to rent out. Rental rate: $1,200/month Net income: ~$12,085/year Yield: 7.3% per annum Payback period: ~13.6 years Utilities: paid by the tenant Location: 🌊 Sea – 12 min walk (970 m) 🌳 6 May Park – next block ✈️ Airport – 15 min by car (5.1 km) 🛍️ Batumi Mall – 8 min 🏛️ Historic center, restaurants, Argo cable car – within walking distance Why is this neighborhood growing? The 6 May Park / Rustaveli area is a distinct sub-market within the city. Supply is limited – there is simply no land for new construction. Prices here are historically 15–30% above the city average. Demand from tourists and expats remains consistently high, while quality housing is scarce.