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Studio apartment for sale in Batumi, Calligraphy Towers — 29.3 m² for $40,000

$‍‍40,000
$‍1,365 per m2
commission-free
$
1-room
apartment
apartment
29.3 m2
total area
area
28 floor
out of 40
out of 40
Feature of the layout
Layout
Studio
Number of bedrooms
Bedrooms
1 bedroom
Number of bathrooms
Bathrooms
1 bathroom
Living area
Living area
24.4 m2
Additional
Additional
Balcony
Listed
Listed
Today, 10:31
Updated
Updated
Today, 10:31

Description from the seller

A studio in the new Calligraphy Towers Batumi complex is a prime investment opportunity at the construction stage in one of the city's most rapidly developing areas. The apartment is sold in white frame condition, providing full freedom to implement your own design and layout. This is especially important for investors: the space can be adapted for rental or personal use while controlling the renovation budget and the final result. The complex is being built on the Alley of Heroes — Batumi's business hub with active development and steadily increasing demand. The surrounding infrastructure is already well-established: a stadium, shopping malls, restaurants, and convenient transport links. The sea is about 800 meters away — a comfortable distance for both residents and tenants. The project features extensive on-site infrastructure: a swimming pool, SPA, fitness center, commercial spaces, and relaxation areas. These facilities are currently under development and will further enhance the complex's appeal and demand. Due to its location and project concept, property values are expected to rise as construction nears completion and the building is commissioned. Such properties traditionally show price appreciation and become highly liquid on the market. Perfect for resale upon completion or for long-term rental income.

Building and location

Zhiuli Shartava Ave, 18
Batumi, Bagrationi District, Calligraphy Towers, Tower C
40 floors
Under construction
Start in Q2 2023
Completion in Q2 2026
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 $‍34,000 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
2 986
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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