1/8

2-room apartment for sale in Batumi, Oval — 61.4 m² for $134,917

$‍‍134,917
$‍2,197 per m2
commission-free
$
2-room
apartment
apartment
61.4 m2
total area
area
17 floor
out of 34
out of 34
Number of bedrooms
Bedrooms
1 bedroom
Number of bathrooms
Bathrooms
1 bathroom
Additional
Additional
Terrace 19.7 m2
Listed
Listed
13 June 2025
Updated
Updated
Yesterday, 14:29

Description

Premium-class complex OVAL! Apartment 1713 from a private owner via assignment contract Studio apartment with a custom agreement with the developer: premium renovation and kitchen included, excluding movable furniture. 61.4 sq. m, 17th floor Sea and Alley of Heroes views. 5 min from the sea • Important: by individual agreement with the developer, the residential restriction for this investment apartment has been removed, meaning it can be used as a permanent residence!!! • Below the developer's price!!! Price — $134,917 Down payment — $80,215 Balance to the developer via interest-free installment until 25.12.2027, $2015/month • International brand • Management by Royal Tulip — 5-star hotel • Construction completion 2027 — including infrastructure • Installment plan until the end of 2027 Investment apartments — the highest ROI in the city starting from 10% • 34 floors • Infrastructure up to the 5th floor • 82 hotel rooms (5th–10th floors) • 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 • soundproofing • 3m ceilings before finishing • seismic resistance 9 points • gas boiler house for centralized heating • Management Company 40%, Owner 60% • the 40% includes utility bills • maintenance $2/m2 — not included in management costs • personal account for income tracking from the management company • 10-year management contract. Possible to exit the contract after 3 years • stay limit for owners when signing with the management company — 2 months per year (60 days total, including 14 days during high season) During hotel operation, the buyer will be registered in a dedicated electronic system with a personal account to communicate with the operator. Through this account, the owner can effectively monitor and control operations, income and expense distribution, access pricing and booking info, and maintain full communication with the management company. Feel free to message with any questions
Property ID: 198744

Building and location

Zhiuli Shartava Ave, 9
Batumi, Khimshiashvili District, Oval
34 floors
Under construction
Start in Q3 2022
Completion in Q4 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 $‍114,679 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
9 965
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.
Do you like this apartment?
Add to favorites so you will not lose it or send a link to someone who helps you with the choice of housing
How can we improve this page?