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Studio apartment for sale in Batumi, New Boulevard Residence — 26 m² for $35,000

$‍‍35,000
$‍1,346 per m2
commission-free
$
1-room
apartment
apartment
26 m2
total area
area
13 floor
out of 19
out of 19
Feature of the layout
Layout
Studio
Number of bedrooms
Bedrooms
1 bedroom
Number of bathrooms
Bathrooms
1 bathroom
Living area
Living area
24 m2
Kitchen area
Kitchen area
2 m2
Ceiling height
Ceiling height
3 m
Additional
Additional
Balcony
Listed
Listed
Today, 13:25
Updated
Updated
Today, 13:25

Description

Affordable Investment by the Sea — New Boulevard Residence For sale: a 26 sq. m studio on the 13th floor of the modern New Boulevard Residence complex. Looking for an affordable yet promising property in Batumi within walking distance of the beach? This white frame unit is an excellent opportunity to enter the coastal investment market with a minimal budget and complete the renovation according to your own taste and needs. Location: Batumi, New Boulevard area, New Boulevard Residence. Area: 26 sq. m (a compact and highly liquid studio format). Parameters: 13th floor (good view level). Condition: White frame (all structural and noisy works are completed, the unit is ready for finishing). Price: $35,000 (a competitive starting price for this location). Key Technical and Investment Advantages: Prestigious tourist location. New Boulevard Residence is located in close proximity to the New Boulevard — one of Batumi's most developed, green, and popular areas. The sea, equipped beach, park, Metro City mall, restaurants, and casinos are all just a few minutes' walk away. Ready for finishing. The white frame condition significantly saves your time and budget. The developer has already completed the floor screed, wall leveling, basic utilities, and electrical wiring. You only need to choose the finishing materials, furniture, and appliances. Modern residential complex. The building is constructed to modern standards with a landscaped area, high-speed elevators, and a high level of security, ensuring steady interest from future tenants. Investment Potential and ROI: 26 sq. m studios in the New Boulevard area are the fastest-recovering real estate format in Batumi. Due to the low entry cost ($35,000), finished apartments will show a high level of net profitability (ROI) through daily rentals to tourists in the summer and medium-term rentals during the off-season. How to View or Book the Studio? The full set of documents is ready for a fast and secure transaction at the Public Service Hall of Georgia. Registration is available for citizens of any country. The cadastral code and floor plan are available upon request. Click the Call button to contact me directly for technical questions. Click the Message button to receive the exact location, floor plan, and to arrange an in-person or online viewing via messengers. The studio is ready for viewing; contact me now while the property is still available!
Property ID: 763469
Niko
Niko
Realtor of the agency Niko
Realtor of the agency Niko
Speaks: ქართული, русский

Building and location

Zgvispiris St, 1
Batumi, Airport District, New Boulevard Residence, Block A
19 floors
Completed in 2024
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 $‍29,750 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
2 585
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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