Studio apartment for sale in Batumi, Alliance Privilege — 32 m² for $47,000

Elite Residences in Batumi: 32 m² Studio on the First Line in Alliance Privilege Premium housing with five-star hotel status and net yields of up to 19% per annum in USD. For investors seeking impeccable quality and premium status, a ready-to-move-in 32-square-meter studio is available on Batumi's secondary market. The apartment is located in the monumental 54-story Alliance Privilege skyscraper — one of the most recognizable and prestigious architectural landmarks on the Black Sea coast. The unique concept of the complex combines the international five-star Marriott Hotel, occupying the first 12 floors, and luxury private residences on the upper levels under one roof. This guarantees apartment owners an uncompromising level of service and access to rich infrastructure: a private landscaped beach, an elite spa complex, an indoor pool, a fitness center, fine dining restaurants, and 24/7 concierge service. First-Line Beachfront Location The complex is ideally located at Shota Rustaveli Street, 42 — in the heart of Batumi's main tourist center. The studio's windows and private balcony offer magnificent panoramic views of the sea and the coastline. Key urban infrastructure facilities are within walking distance: • Batumi Beach and the legendary Seaside Boulevard — just 50 meters away (4-minute walk). • Batumi Dolphinarium and picturesque Nurigeli Lake — a 5-minute walk. • Europe Square and the historic city center — 700 meters away. • Batumi International Airport — a 15-minute drive. International Management and Fully Passive Income You won't need to search for tenants, handle marketing, or manage cleaning yourself. Rental pool management is fully handled by the licensed American operator McInerney Hospitality International (Washington, D.C., USA). Profit distribution terms: • 70% – 75% of gross income is paid directly to the property owner. • 25% – 30% is retained by the management company for operational and marketing services. • The maintenance fee is fixed at just $2 per square meter per month. Financial Benefits and Investment Analytics Purchasing this ready property on the secondary market presents a rare arbitrage opportunity, allowing you to acquire premium housing significantly below the developer's official price lists for similar units under construction, which start at $170,000. Thanks to the Marriott brand and prime location, the average monthly rent for the studio is projected at $970 by 2029. The real average annual occupancy rate of the complex is a stable 60%, increasing to 91% during the high summer season with an average daily rate of $123. The projected net return on investment (ROI) ranges from 13% to 19% per annum in hard currency, shortening the payback period to just 5–7 years. Favorable Taxation and Investment Residency Georgia offers foreign citizens exceptionally simple and secure conditions for purchasing real estate: • Full Ownership: Foreigners have 100% and unconditional freehold ownership rights. • No Hidden Taxes: There are no property purchase taxes, registration fees, or stamp duties. Transfer of ownership at the Public Service Hall takes 1 to 4 business days. • Low Tax Rate: Income tax on rentals is only 5%. If the property is held for more than 2 years, the capital gains tax upon resale is 0%. • Basis for Residency: Owning this high-liquidity premium asset serves as a reliable basis for legal residency for the entire family. The studio is fully ready for sale, free of encumbrances, and has passed a comprehensive legal check. Remote purchase transactions via notarized power of attorney are possible. Contact me for a detailed financial plan and to book an online viewing.