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Studio apartment for sale in Batumi, Oval — 36 m² for $61,940

$‍‍61,940
$‍1,721 per m2
commission-free
$
1-room
apartment
apartment
36 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
Balcony
Listed
Listed
2 days ago
Updated
Updated
2 days ago

Description

Premium OVAL complex! Unit 1705 from a private owner via assignment contract Studio apartment with an upgraded premium renovation and kitchen (as per agreement with the developer), excluding mobile furniture. • 32.6 sq. m • 17th floor • mountain and city view • 5 min from the sea Important: due to an individual agreement with the developer, the residency restriction for this investment unit has been waived, meaning it can be used as a personal residence!!! Price below developer's rates!!! Price — $61,940 Interest-free installment plan until December 25, 2027 International brand Management by Royal Tulip — 5-star hotel Construction completion 2027 — including infrastructure. Installments available 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 (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 structure • panoramic double-pane windows • soundproofing • 3m ceilings before finishing • seismic resistance 9 points • gas boiler room for centralized heating • Management company 40%, owner 60% • the 40% share includes utility bills • maintenance $2/sq. m — not included in management costs • personal account for income tracking from the management company • 10-year contract with the management company. Exit possible after 3 years • residency restriction for owners under the management contract — 2 months per year (60 days total per year, including 14 days during high season) During hotel operation, the buyer will be registered in a special electronic program with a personal dashboard to communicate with the operator. Through this account, the buyer can effectively monitor and control operations, track the distribution of income and expenses, receive information on pricing, bookings, and other rates, and communicate directly with the management company. We have over 1000+ properties in our database!!! Message or call us, and we will find an apartment based on your budget and requirements! Our services are always paid for by the developer or the seller! For the buyer, the service is free!
Property ID: 198815

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 $‍52,649 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
4 575
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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