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2-room apartment for sale in Batumi, Alliance Privilege — 59 m² for $87,000

$‍‍87,000
$‍1,475 per m2
$
2-room
apartment
apartment
59 m2
total area
area
48 floor
out of 54
out of 54
Number of bedrooms
Bedrooms
1 bedroom
Number of bathrooms
Bathrooms
1 bathroom
Living area
Living area
43 m2
Listed
Listed
Today, 19:03
Updated
Updated
Today, 19:03

Description from the seller

Investment Lot Analytical Review: 1+1 Apartment (59 sq. m) in Alliance Privilege Batumi Premium segment turnkey rental business with Marriott International brand capitalization. For investors focused on a long-term capital preservation strategy and stable income in hard currency, we present a private lot on the Batumi secondary market. This spacious 1+1 layout apartment, with a total area of 58.8 (approx. 59) square meters, is located on the 25th floor of the 54-story premium-class multifunctional complex, Alliance Privilege. Unlike standard studios, the 1+1 format (separate bedroom and spacious living room with built-in kitchen) is a high-demand product on the first coastline. Such properties target high-budget tenants: couples, business travelers, and expats, ensuring higher occupancy stability outside the peak season. Strategic Location and Property Status The complex stands monumentally at Shota Rustaveli, 42 — in Batumi's most sought-after and prestigious area, directly on the first coastline. The 25th-floor windows and balcony offer a direct, panoramic view of the Black Sea and the city promenade. Infrastructure Accessibility: • Beach and Seaside Boulevard: just 50 meters away (4-minute walk) • Batumi Dolphinarium and Nurigeli Lake: 5-minute walk • Europe Square and key historical sites: within 700–900 meters • Batumi International Airport: 15-minute drive Integration with the five-star Marriott Hotel (occupying the first 12 floors) provides residence owners access to world-class services: 24/7 concierge, elite spa complex, indoor pool, fitness center, signature restaurants, and secured territory. Commercial Model and Operational Management Investors are offered a fully passive ownership model. All operational processes—including international marketing, booking, standardized cleaning, guest check-in, and technical supervision—are managed by the licensed American operator, McInerney Hospitality International (Washington, USA). Financial Terms with the Management Company: • 70% – 75% of gross income is distributed directly to the apartment owner • 25% – 30% is retained by the operator to cover management and marketing expenses • Maintenance and utility fees (maintenance fee) are fixed at 2 USD per square meter per month Economic Indicators and ROI The investment in this lot is based on the complex's real operational data. The average annual occupancy is maintained at 60% with the following quarterly dynamics: • Q2 (Spring-Summer): 77% occupancy at an average daily rate (ADR) of $100 • Q3 (High Season): 91% occupancy at an average daily rate (ADR) of $123 • Q4 (Autumn-Winter): 40% occupancy at an average daily rate (ADR) of $76 With a lot price of $300,000 on the 25th floor ($5,172 per sq. m), the projected net profitability (ROI) is 8% to 11% per annum in USD. This ensures a reasonable payback period for the premium segment with minimal risks, protecting capital from inflation. Legal Status and Georgia's State Preferences Georgia's legal system is highly adapted to protect the rights of foreign buyers: • Freehold ownership: foreigners have 100% rights to own residential real estate • No hidden costs: no property purchase tax, derivative fees, or registration duties. Registration at the National Agency of Public Registry takes 1 to 4 business days • Optimal fiscal regime: income tax on rental earnings is only 5%. If held for more than 2 years, the owner is fully exempt from capital gains tax upon resale • Legalization and Residency Status: the price of this apartment ($300,000) is double the legislative threshold of $150,000 (effective March 1, 2026), granting the owner and family members the automatic right to official residency in Georgia The apartment is free of encumbrances, fully ready for the transaction, and has passed a comprehensive audit. Remote purchase via notarized apostilled power of attorney is possible. For detailed specifications or to arrange an online presentation, please send your request.
Speaks: русский, english, türkçe

Building and location

Shota Rustaveli St, 42
Batumi, Rustaveli District, Alliance Privilege
54 floors
Completed in 2023
All listings for sale

Contact seller

Демирхан Али Текин
Демирхан Али Текин
Agent
Agent

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 $‍73,950 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
6 495
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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