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Studio apartment for sale in Batumi, Oval — 41.9 m² for $77,515

$‍‍77,515
$‍1,850 per m2
commission-free
$
1-room
apartment
apartment
41.9 m2
total area
area
17 floor
out of 34
out of 34
Feature of the layout
Layout
Studio
Number of bathrooms
Bathrooms
1 bathroom
Additional
Additional
Terrace
Listed
Listed
14 июня 2025
Updated
Updated
Yesterday, 10:25

Description

OVAL premium-class complex! Unit 1710 from a private individual via assignment contract Studio with a premium renovation including a kitchen, as agreed with the developer, but without movable furniture. 41.9 sq. m, 17th floor Mountain view. 5 min from the sea • Important: due to an individual agreement with the developer, the residency restriction for this investment apartment has been lifted, meaning it can be used for personal living!!! • Below the developer's price!!! Price – $77,515 Down payment – $49,000 Reservation – $4,074 Balance to the developer via interest-free installment plan until Dec 25, 2027, at $1,293/month • International brand • Management by Royal Tulip — 5-star hotel • Construction completion in 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 • Sound insulation • 3m ceilings before finishing • Seismic resistance of 9 points • Gas boiler room for centralized heating • Management Company 40%, Owner 60% • Utilities are included in the 40% share • Maintenance $2/m2 – not included in the management fee • Personal account for tracking income from the management company • 10-year contract with the management company. Exit possible after 3 years • Residency restriction 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 specialized digital platform with a personal account to communicate with the operator. Through this account, the buyer can effectively track and control operations, monitor income and expense distribution, access pricing and booking info, and communicate with the management company. • We have over 1000+ properties in our database!!! Message us for any inquiries. We will find an apartment that fits your budget and requirements! Our work is always paid by the developer or seller! The service is free for the buyer!
Property ID: 198812

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 $‍65,888 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
5 725
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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