Studio apartment for sale in Batumi, Alliance Privilege — 32 m² for $53,000

Turnkey Rental Business on the First Line in Batumi: 32 sqm Studio in the Premium Alliance Privilege Complex We present a high-yield investment asset in Georgia's resort real estate market — a premium 32-square-meter studio in the elite 54-story Alliance Privilege Batumi skyscraper. This 190-meter architectural masterpiece in the neo-futurism style is located in the city's most prestigious district on the first shoreline. The first 12 floors of the building are occupied by the world-famous five-star Marriott Hotel, which automatically ensures the high status of the property and a flow of premium clientele. Residence owners have full access to world-class infrastructure: a private equipped beach, spa complex, fitness center, indoor pool, fine dining restaurants, and 24/7 concierge service. Unique Location and Walkability The complex is located at Shota Rustaveli street, 42, directly at the water's edge. The apartments offer stunning panoramic views of the coast and Batumi's famous sunsets. Major tourist attractions are within walking distance: the Batumi Dolphinarium and 6 May Park (Nurigeli Lake) are a 5-minute walk away, Europe Square is 700 meters away, and Batumi International Airport is just a 15-minute drive. Fully Passive Income Under International Management Operational management and rental services are handled by the licensed American operator McInerney Hospitality International (Washington, USA). The company fully manages marketing, guest check-ins, cleaning, and maintenance. The financial model is highly transparent: the owner receives 70% to 75% of the gross rental income, while the fixed cost for quality service maintenance is only 2 USD per square meter per month. Financial Indicators and Secondary Market Advantages Purchasing this turnkey studio on the secondary market is a rare arbitrage opportunity, as developer prices for similar units under construction start from $170,000. According to the complex's real statistics, the average annual occupancy rate is a stable 60%, reaching 91% during peak season with an average daily rate of $123. The projected net Return on Investment (ROI) ranges from 13% to 19% annually in USD, ensuring full payback in just 5–7 years. Tax Benefits and Residency Georgia's legal system is exceptionally favorable to foreign investors: there is no real estate purchase tax, property registration at the Public Service Hall takes 1 to 4 business days, and the income tax on rentals is only 5%. Furthermore, this liquid asset serves as a reliable tool for legal stay and obtaining official residency under current state investment programs. The apartment is fully ready for sale, free of encumbrances, and has passed a comprehensive legal check. Remote transactions via notarized power of attorney are possible. Contact me for a detailed financial plan.