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Apartment for sale – 1-room apartment in 31 sq.m. in Batumi, Oval

Zhiuli Shartava Ave, 9
‍‍174 721 ₾
‍5 637 ₾ 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 May 2025
Updated
Updated
30 May 2025

Description from the seller

Investment analysis of the Oval project in Batumi Object: Complex Oval | Location: Novy Boulevard, Batumi Class: Premium | Suppliers: 2027 | Developer: Metropol Format of proposals from Smart Estate: ready-made apartment with premium renovation Uniqueness of Smart Estate: Sell price: $54,800 (instead of $90,000 at the builder) Discount: ~ 39% Expected ROI on rental: up to 19.7% per annum Forecast for 2030: 1. Price per object: Current Builder Price: $90,000 Estimated price to 2030: $120,000 (conservative) Capitalization: $65,200 2. Rental income (with 2027 by 2030): $10,800/year × 3 years = $32,400 General tag: Total income: $97,600 Combined ROI (2024—2030): 178% Median ROI: ~ 29.6% YoY Why the price of Oval is growing: Departure from Iskustvenny Island Project by EMAAR ($6 billion) Centropolis Alliance + World Trade Center Premium-complex fire Metropol (Cube, Paralleli) Limited offer at ul. Shartava Smart Estate is your access to a deal with a price 39% lower than the market and a real yield of 29.6% per year. 📅 Best time of the day — one hour, while the price is $54,800.

More about the house

Zhiuli Shartava Ave, 9
34 floors
523 apartments
Under construction
Start in Q3 2022
Completion in Q4 2027
76 apartments for sale
from ‍236 662 ₾

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 ‍148 513 ₾ from the bank
years
months
Mortgage from TBC Bank
from
12,9
%
interest
rate
from
15,02
%
effective interest
rate
13 258
payment for
month
185 304
total for real
estate
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 — TIBR1M. An additional fee for life/property insurance is added to the monthly payment.
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