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Studio apartment for sale in Batumi, Bianca Batumi — 35 m² for $71,000

$‍‍71,000
$‍2,029 per m2
commission-free
$
1-room
apartment
apartment
35 m2
total area
area
5 floor
out of 18
out of 18
Feature of the layout
Layout
Studio
Number of bedrooms
Bedrooms
1 bedroom
Number of bathrooms
Bathrooms
1 bathroom
Additional
Additional
Balcony
Project
Project
Developer
Developer
Year of construction
Year of construction
2022
Listed
Listed
Today, 11:20
Updated
Updated
Today, 19:31

Description from the seller

Luxurious apartment for sale in the prestigious White Sails complex in Batumi! The apartment is perfect for personal use or as a rental investment, with a yield of 8–10%, which is higher than in Dubai. White Sails features the city's largest heated outdoor pool with a poolside bar. The complex includes restaurants, cafes, a supermarket, and pharmacies. The apartment is fully move-in ready and requires no additional work. The summer season (June – September) is almost always fully booked. For the rest of the year, you can manage rentals yourself, through a property manager, or via the management company for a completely hands-off experience. The management company handles everything, and you receive payments directly to your card. The property value increases annually due to the complex's unique features. It is located just 100 meters from the sea, with a balcony overlooking the promenade. A key advantage: in summer, the apartment stays cool as there is no direct sunlight exposure.

More about the house

Lech and Maria Kaczynski St, 5
Block E
18 floors
Delivered
Completed in 2022

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 $‍60,350 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
5 300
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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