1-room apartment for sale in Batumi, Novotel Living — 37.5 m² for $52,000

Novotel Living / Zhivopisny Complex Brand Novotel 4* Block A commissioning: June 2025 Block B commissioning: December 2025 Area from 33.3 m2 to 159.8 m2 Block A offers turn-key apartments only. Block B offers apartments in white frame or turn-key condition. In Block B, the client is required to purchase a renovation package from the developer 6 months before project completion. Turn-key renovation cost is $800 per sq. m. The complex is located in a quiet suburb of Batumi, offering incredible sea and mountain views. Location: just a 20-minute walk from the Batumi Botanical Garden, the famous Green Cape, and Mtirala National Park. Batumi city center is only a 10-minute drive away. For your comfort, we have provided extensive infrastructure — reception, panoramic pool, spa, restaurant, and even a private beach. You can earn passive income averaging 12% per year. Infrastructure: • reception • restaurant • panoramic rooftop bar • private beach and sun loungers • Smart doors for secure beach access • rooftop pool • spa • fitness center • shop • underground parking • landscaped garden territory • for children: playgrounds, kids' center, toddler pool General guest parking available, not for individual sale. European brand — Novotel Hotels 4* Expected rental yield — up to 12% per annum Loyalty program valid at chain hotels worldwide. Management company (MC) takes a 40% commission, owner receives 60%. The management agreement is signed for 10 years. The 40% includes: 1. Service fee of $0.90 per sq. m (covers building electricity, CCTV, elevators, security, etc.) 2. Apartment cleaning 3. Fresh towels + bed linen 4. Shampoos, soaps, lotions, etc. 5. Marketing and guest acquisition 6. Insurance (the company undertakes to fix any breakages) 7. Reception services 8. Utility services MC maintenance cost: $0.9–1 /m2 (included in the MC's 40% share). (Covers reception, cleaning, building maintenance — hallway repairs and lighting, elevator operation, roof, facade and yard maintenance, landscaping, fire safety infrastructure, and engineering systems: water, sewage, electricity, telephone, internet, TV; on-site electrician and plumber for common areas; 24/7 security and video surveillance). Utility bills are paid by the management company. Taxes are paid by the owner. Units will be equipped with kitchens. Owner occupancy limit — up to 3 weeks per year in both blocks. Payment options for Block A: • down payment from 50% for studios, 18-month installment plan • down payment 30% for apartments over 50 m2, 18-month installment plan • 70/30 plan — 70% down payment, 30% paid from rental income over 3 years (check with manager) Payment for Block B: • 30% down payment • 24-month installment plan Cryptocurrency payments are accepted. The construction process is financed by a leading Georgian bank.