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1-room apartment for sale in Batumi, Oval — 31 m² for $52,000

$‍‍52,000
$‍1,677 per m2
$
1-room
apartment
apartment
31 m2
total area
area
14 floor
out of 34
out of 34
Number of bedrooms
Bedrooms
1 bedroom
Number of bathrooms
Bathrooms
1 bathroom
Living area
Living area
31 m2
Ceiling height
Ceiling height
3 m
Project
Project
Developer
Developer
Year of construction
Year of construction
2027
Listed
Listed
8 მაისის 2025
Updated
Updated
19 იანვარის 2026

Description from the seller

Investment Analysis: Oval Project in Batumi Property: Oval Complex Location: New Boulevard, Batumi Class: Premium Completion: 2027 Developer: Metropol Smart Estate Offer: Ready apartment with premium renovation Smart Estate Unique Value: • Sale Price: $54,800 (vs. $90,000 from the developer) • Discount: ~39% • Expected Rental ROI: up to 19.7% per annum Forecast for 2030: 1. Property Value Appreciation: • Current Developer Price: $90,000 • Expected Price by 2030: $120,000 (conservative) • Capital Gains: $65,200 2. Rental Income (2027 to 2030): $10,800/year × 3 years = $32,400 Summary: • Total Income: $97,600 • Combined ROI (2024–2030): 178% • Average Annual ROI: ~29.6% Why Prices are Rising at Oval: • Launch of the Artificial Island • Emaar Project ($6 billion investment) • Alliance Centropolis + World Trade Center • Premium complexes by Metropol (Cube, Paralleli) • Limited supply on Shartava St. Smart Estate provides access to a deal 39% below market value with a real annual return from 29.6%. 📅 The best time to invest is now, while the price is still $54,800.

More about the house

Zhiuli Shartava Ave, 9
Oval
34 floors
523 apartments
Under construction
Start in Q3 2022
Completion in Q4 2027

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 $‍44,200 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
3 882
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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