1-room apartment for sale in Batumi, Novotel Living — 36 m² for $57,600

Novotel Complex Location: 7 km from Batumi (towards Makhinjauri), 20 m from the sea. Brand: Novotel 4*. Completion dates: • Block A: June 2025 • Block B: December 2025 The complex is located in a quiet suburb of Batumi, offering incredible sea and mountain views. Situated 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. Premium infrastructure for your comfort: • reception • panoramic pool • SPA • restaurant • private beach Earn a passive income averaging 12% per year. European brand — Novotel Hotels 4*. Projected rental yield — up to 12% per annum. Loyalty program across the global hotel network. Management Company (MC) fee is 40%, with 60% going to the owner. Management agreement is signed for 10 years. The 40% fee includes: 1. Service fee of $0.90 per sq. m (covers building electricity, cameras, elevators, security, etc.). 2. Apartment cleaning. 3. Fresh towels and bed linen. 4. Toiletries (shampoo, soap, lotions, etc.). 5. Marketing and guest acquisition. 6. Insurance (the company undertakes to fix any breakages). 7. Reception services. 8. Utility bills. MC service cost: $0.9–1/m2 (included in the 40% MC fee). This covers reception, cleaning, building maintenance (repairs and lighting of common areas, elevator operation, roof, facade, and yard maintenance, landscaping, fire safety, engineering infrastructure: water, sewage, electricity, telephone, internet, TV; electrician and plumber services for common areas; 24/7 security and video surveillance). Utility payments are handled by the MC. Taxes are paid by the owner. Units will feature kitchens. Owner occupancy limit — up to 3 weeks per year in both blocks. The construction process is financed by a leading Georgian bank.