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Studio apartment for sale in Batumi, Tamar Mepe Ave, 7 — 35.6 m² for $89,000

Tamar Mepe Ave, 7
$‍‍89,000
$‍2,500 per m2
commission-free
₾
$
1-room
apartment
apartment
35.6 m2
total area
area
4 floor
out of 35
out of 35
Feature of the layout
Layout
Studio
Number of bedrooms
Bedrooms
1 bedroom
Number of bathrooms
Bathrooms
1 bathroom
Living area
Living area
32 m2
Kitchen area
Kitchen area
12 m2
Ceiling height
Ceiling height
3 m
Additional
Additional
Balcony
Listed
Listed
3 days ago
Updated
Updated
3 days ago

Description

Lot 12 Cozy studio (35.60 m²) — a high-yield investment asset on the first coastline. Studio apartment of 35.60 m² in Corall Seaside Resort Batumi with direct access to a private beach. Characteristics: • Studio, 4th floor, Block B • 35.60 m² • Renovation — full turnkey finishing 💰 Down payment — 10% (calculated based on the price list) 📅 Installment plan — 60 months (0% rate) 💳 Payment — monthly payment schedule for 5 years 💸 Total cost: upon request (according to the current price list) 📈 Yield: projected up to 12% ROI 🏗 Delivery: completion of main construction works — 2029, full project completion — 2031 Compact and functional open-space studio apartment (35.60 m²) in the ultra-modern Corall Seaside Resort Batumi. An ideal solution for rental business and passive income on the first coastline in a dynamically developing area of Batumi. About the apartment and building: • Layout: well-thought-out functional bedroom and living area with kitchen, combined bathroom, and a balcony overlooking the coastline. • View characteristics: open views of the seascape and the landscaped resort grounds. • Quality and comfort: modern architectural solutions, residence delivered with full high-quality turnkey finishing. Complex infrastructure and service: • Batumi's first beachfront resort: located directly on the coast at 1 Tsaritsa Tamara Ave, with direct access to a private equipped beach just one minute from the residence. • Amenities: 5-star international brand hotel, planned private yacht club with individual berths, panoramic pools, SPA complex, modern fitness center, world-class casino, signature restaurants, and lounge zones. • Location: 10 minutes to Batumi Boulevard, 10 minutes to the Botanical Garden, and only 3 minutes to the Central Railway Station. Purchase terms: • 100% ownership rights for foreign buyers without restrictions. • Convenient interest-free installment plan from the developer for 60 months with a down payment of only 10%. • Official contract registration at the Ministry of Justice of Georgia with a state registration code. • Eligibility for a Georgian residence permit (RP) subject to investment conditions.
Property ID: 963216
TOR Property Hunters
TOR Property Hunters
Agent
Agent
Speaks: русский, english

Building and location

Tamar Mepe Ave, 7
Batumi, Mtsvane Kontskhi
2022
All listings for sale

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 $‍75,650 from the bank
years
months
Mortgage from TBC Bank
from
7,4
%
interest
rate
from
8,3
%
effective interest
rate
≈ $
6 560
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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