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Studio apartment for sale in Batumi, New Line — 43 m² for $85,000

$‍‍85,000
$‍1,977 per m2
commission-free
$
1-room
apartment
apartment
43 m2
total area
area
19 floor
out of 25
out of 25
Feature of the layout
Layout
Studio
Number of bedrooms
Bedrooms
1 bedroom
Number of bathrooms
Bathrooms
1 bathroom
Project
Project
Developer
Developer
Year of construction
Year of construction
2022
Listed
Listed
Today, 15:27
Updated
Updated
Today, 15:27

Description from the seller

🔥 New Line 📍 st. Aleksandra Pushkina, 79 ✨ A zoned studio with an area of 43 m² is for sale — large, bright and very warm. The apartment is fully equipped with dishwasher, oven, high-quality appliances and furniture. Due to the successful layout, the space feels comfortable and functional, and the panoramic balcony offers views of the sea, the city and the mountains. 🏠 The apartment is located in a new modern building at 79 Pushkin Street. There is an underground car park with direct lift access. Well maintained entrance, elevators, modern infrastructure. The area is in demand both for living and for rent: convenient location, proximity to the center, high demand all year round. 💵 Ready-made investment property with proven profitability. From June to September — 100% load without downtime, the average rental price is ~$50/day. During the off-season — about 100 lari per day, the minimum number of empty days. The annual income is $8,500-9,000, the ROI is about 10% per annum. During the season, the apartment was in the top 5 of its category on Airbnb, and the buyer receives an account with ratings and reviews, which greatly simplifies further rental and promotion. Olga is your real estate agent 🔸 Studio 🔸 43 m² 🔸 19/22 floor

Building location

Batumi, Bagrationi District, New Line
, Alexander Pushkin St, 79

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 $‍72,250 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
6 345
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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