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Studio apartment for sale in Batumi, Novotel Living — 34.4 m² for $91,000

Iberia St, 2 (Block A)
$‍‍91,000
$‍2,645 per m2
commission-free
$
1-room
apartment
apartment
34.4 m2
total area
area
6 floor
out of 13
out of 13
Feature of the layout
Layout
Studio
Number of bathrooms
Bathrooms
1 bathroom
Project
Project
Developer
Developer
Year of construction
Year of construction
2026
Listed
Listed
3 June 2025
Updated
Updated
16 January 2026

Description from the seller

Makhinjauri is the greenest district of Batumi, featuring the cleanest sea and the freshest air! 15 minutes by car from Batumi city center 20 minutes walk to the Botanical Garden First line – only 50m from the sea! Incredible views of the sea and mountains! Apartment: Fully finished "turnkey" according to brand standards (includes renovation, furniture, appliances, textiles, and decor – everything is ready!) Direct sea view! Fully equipped kitchen with a dishwasher Price $91,000 turnkey – in Block A Full payment Recognized brand – Novotel 4* Projected rental yield of 12% per annum Loyalty program available in chain hotels worldwide Complex with extensive infrastructure: • beachfront location with a private beach • restaurant • panoramic rooftop bar • rooftop swimming pool • spa and fitness center • shops • underground parking • courtyard relaxation areas • children's center and pool • private beach with sun loungers Completion scheduled for mid-2026 Management: No need to worry about rentals: an international management company handles everything. Projected rental profit of 12% per annum after all expenses. Personal use allowed for 3 weeks per year. Branded apartments on the first line – one of the best investment opportunities!

More about the house

Iberia St, 2
Block A
13 floors
Under construction
Completion in Q2 2026

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 $‍77,350 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
6 793
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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