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1-room apartment for sale in Batumi, Oval — 38.4 m² for $88,320

$‍‍88,320
$‍2,300 per m2
commission-free
$
1-room
apartment
apartment
38.4 m2
total area
area
11 floor
out of 34
out of 34
Number of bedrooms
Bedrooms
1 bedroom
Number of bathrooms
Bathrooms
1 bathroom
Project
Project
Developer
Developer
Year of construction
Year of construction
2027
Listed
Listed
4 июня 2025
Updated
Updated
16 января 2026

Description from the seller

OVAL Complex AP 1102 Turnkey studio! 38.4 sq. m, 11th floor Sea view! 5 min from the sea Below developer price!!! Price – $88,320 Down payment – $22,885 Reservation – $7,065 Balance to the developer via interest-free installment plan until 25.12.2027, at $770/month International brand Management: Royal Tulip – 5-star hotel Construction completion 2027 – including infrastructure. Installment plan until the end of 2027 Investment apartments — highest ROI in the city starting from 10% • 34 floors • Infrastructure up to the 5th floor • 82 hotel rooms (floors 5–10) • 332 investment apartments • 100 parking spaces • 5 elevators • reception • observation deck • swimming pool • wellness center • fitness • cinema • restaurant • lounge • wine cellar • monolithic construction • panoramic double-glazed windows • sound insulation • 3m ceilings before finishing • seismic resistance 9 points • gas boiler house for centralized heating Management 40%, owner 60% The 40% includes utility bills. Maintenance $2/m2 – not included in the management fee. Personal account for tracking income from the management company. 10-year management agreement. Possible to exit the contract after 3 years. Stay limitation for owners when signing with the management company – 2 months per year (total 60 days per year, 14 of which during high season). During hotel operation, the buyer will be registered in a specialized digital platform with a personal account to communicate with the operator. Through this account, the buyer can effectively track and control operations, monitor the distribution of income and expenses, receive information on prices, bookings, and other rates, and maintain communication with the operating company. Connection to service systems, booking platforms, providers, etc., is paid separately by the owner as a fixed fee of $3,000 per contract.

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 $‍75,072 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
6 593
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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