9 photos

Studio apartment for sale in Batumi, OKTO Art House — 33.4 m² for $49,000

$‍‍49,000
$‍1,467 per m2
₾
$
1-room
apartment
apartment
33.4 m2
total area
area
4 floor
out of 35
out of 35
Feature of the layout
Layout
Studio
Number of bedrooms
Bedrooms
1 bedroom
Listed
Listed
3 days ago
Updated
Updated
3 days ago

Description

OKTO Art House Project Located at 75 Angisa Street, behind Metro City This 28-story complex features: • secured territory • outdoor exercise equipment • children's playgrounds • running track around the entire complex • BBQ areas • coworking space • shops • swimming pool • children's art school • underground parking Residential project with no usage restrictions. Heating system: gas, gas boiler. The apartment is offered in a white frame condition – all structural work is completed. Corner unit with southeast exposure and only one neighbor nearby. • 33.4 sq. m • 4th floor • apartment number – 404 Purchased via installment plan, with more than half already paid off. Purchase terms: • full upfront payment – $49,000 • purchase with installment takeover – $37,000 at contract signing, with remaining balance in monthly installments of $630 until completion Since the project is bank-sponsored, mortgage options are available. The project will be completed in early 2028, and occupancy is scheduled for mid-2028 (six months after completion are allocated for renovations). For more information, please message or call.
Property ID: 979810

Building and location

Angisa 1st Lane, 73-75
Batumi, Airport District, OKTO Art House, Block B
35 floors
Under construction
Start in Q1 2024
Completion in Q2 2027
All listings for sale

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 $‍41,650 from the bank
years
months
Mortgage from TBC Bank
from
7,4
%
interest
rate
from
8,3
%
effective interest
rate
≈ $
3 612
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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