9 photos

Studio apartment for sale in Batumi, Citron Residence — 35 m² for $40,000

$‍‍40,000
$‍1,143 per m2
commission-free
$
1-room
apartment
apartment
35 m2
total area
area
3 floor
out of 16
out of 16
Feature of the layout
Layout
Studio
Number of bedrooms
Bedrooms
1 bedroom
Number of bathrooms
Bathrooms
1 bathroom
Living area
Living area
33 m2
Kitchen area
Kitchen area
2 m2
Ceiling height
Ceiling height
3 m
Additional
Additional
Balcony
Listed
Listed
Yesterday, 15:46
Updated
Updated
Yesterday, 15:46

Description

Studio in black frame on the New Boulevard — renovation can start now Promising 35 sqm studio for sale in a new modern residential complex in the New Boulevard area. Looking for a property in Batumi to implement your own design project without overpaying for someone else's renovation? This black frame unit is the perfect base for creating stylish seaside apartments. The main advantage of this property is that the building is completed, and you can start renovation work immediately after purchase. Location: Batumi, New Boulevard area (one of the greenest, most modern, and actively developing tourist districts of the city). Area: 35 sqm (excellent, spacious footage for a comfortable studio or a one-bedroom apartment). Condition: black frame (open layout allowing you to zone the space to your taste). House status: renovation can start right now. Price: $40,000 (a very competitive price per square meter in a promising seaside location). Key technical and investment advantages: • freedom of design solutions. The 35 sqm black frame condition allows you not to limit yourself to ready-made layouts. Here you can arrange both a spacious open studio and a cozy bedroom area. • prestigious location by the New Boulevard. The complex is located within walking distance of the landscaped park, beach, Metro City shopping center, numerous restaurants, casinos, and walking areas. The area enjoys consistently high demand from foreign tourists and expats. • fast launch into operation. The opportunity to start renovations immediately saves you from the long wait for the building's completion, typical for off-plan properties. You will be able to rent out the apartments or move in yourself in the shortest possible time. Investment potential: Buying an apartment on the New Boulevard for $40,000 at the black frame stage is a great way to save at the start and significantly increase the property's capitalization after finishing the works. Completed real estate in this location guarantees stable passive income year-round with a high return on investment (ROI). How to view or book the property? The full package of documents is legally clear and ready for a quick transaction at the Public Service Hall of Georgia. Registration is possible for citizens of any country. The cadastral code and layout solutions are provided upon request. Click the call button to contact me directly and ask technical questions. Click the message button to get the exact geolocation on the map, the layout, and to agree on a time for an in-person viewing or an online video tour via messengers. The property is fully ready for viewing, contact me right now!
Property ID: 781675
Niko
Niko
Realtor of the agency Niko
Realtor of the agency Niko
Speaks: ქართული, русский

Building and location

Grigol Eliava St, 49
Batumi, Airport District, Citron Residence
16 floors
Under construction
Start in Q4 2019
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
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
2 954
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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