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Studio apartment for sale in Batumi, Novotel Living — 34.4 m² for $99,700

Iberia St, 2 (Block A)
‍269 667 ₾
7 838 ₾ per m2
commission-free
$
1-room
apartment
apartment
34.4 m2
total area
area
9 floor
out of 13
out of 13
Feature of the layout
Layout
Studio
Number of bathrooms
Bathrooms
1 bathroom
Ceiling height
Ceiling height
3 m
Project
Project
Developer
Developer
Listed
Listed
4 March 2024
Updated
Updated
4 July 2025

Description from the seller

Turnkey view studio in the Novotel complex. Gorgeous direct view of the sea! Fully equipped kitchen with dishwasher. Makhinjauri is the greenest district of Batumi. Novotel Living is: restaurant, panoramic rooftop bar, rooftop swimming pool, spa and fitness, shops, underground parking, recreation areas in the yard, children's center and swimming pool, private beach and sun loungers! Planned rental income 12% per annum. Loyalty program in chain hotels around the world. The complex will be put into operation in the 3rd quarter of 2024. ASSIGNMENT/INSTALLMENT Lot 2259HO

More about the house

Iberia St, 2
Block A
13 floors
Under construction
Completion in Q2 2026
Apartments for sale
from 252 897 ₾

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 229 217 ₾ from the bank
years
months
Mortgage from TBC Bank
from
12,9
%
interest
rate
from
15,02
%
effective interest
rate
20 462
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 — TIBR1M.
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