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Studio apartment for sale in Batumi, Oval — 38.5 m² for $76,767

$‍‍76,767
$‍1,994 per m2
commission-free
$
1-room
apartment
apartment
38.5 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
Project
Project
Developer
Developer
Year of construction
Year of construction
2027
Listed
Listed
14 June 2025
Updated
Updated
11 February 2026

Description from the seller

Premium-class complex Oval! Apartment 1712 from a private owner via assignment contract Studio with a developer-agreed premium renovation including a kitchen, but without movable furniture. ▫️ 38.5 sq. m ▫️ 17th floor ▫️ Mountain view ▫️ 5 min from the sea 🔹 Important: by individual agreement with the developer, the living restriction on this investment apartment has been waived, meaning it can be used as a personal residence!!! 🔹 Price below the developer's rate!!! Price — $76,767 Down payment — $46,842 Booking fee — $3,857 Balance to the developer via interest-free installment until Dec 25, 2027, at $1,224/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 (floors 5–10) • 332 investment apartments • 100 parking spaces • 5 elevators Infrastructure: • reception • observation deck • swimming pool • wellness center • fitness • cinema • restaurant • lounge • wine cellar Building features: • monolithic construction • panoramic double-glazed windows • sound insulation • 3m ceilings before finishing • seismic resistance of 9 points • gas boiler room for centralized heating Management terms: • Management company 40%, owner 60% • 40% includes utility bills • maintenance $2 per sq. m — not included in the management fee • personal account for tracking income from the management company • 10-year management contract. Exit possible after 3 years • living 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 special electronic system with a personal dashboard to communicate with the operator. Through this account, the owner can effectively track and control operations, monitor income and expense distribution, receive updates on pricing, bookings, and other rates, and maintain direct communication with the management company. We have over 1000+ properties in our database!!! Message or call us, and we will find an apartment according to your budget and request! Our work is always paid by the developer or the seller! The service is free for the buyer!

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 $‍65,252 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
5 731
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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