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Studio apartment for sale in Batumi, Oval — 38.5 m² for $73,150

$‍‍73,150
$‍1,900 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
Listed
Listed
14 June 2025
Updated
Updated
Yesterday, 10:17

Description

Premium-class Oval complex! Unit 1712 from a private owner via assignment contract Studio with a developer-agreed premium renovation and kitchen, excluding mobile furniture. • 38.5 sq. m • 17th floor • City view, side view of the Alley of Heroes • 5 min from the sea 🔹 Important: By individual agreement with the developer, the residency restriction on this investment apartment has been lifted, meaning it can be used as a personal residence!!! 🔹 Price below the developer's current rates!!! Price – $73,150 Down payment – $46,842 Balance to the developer via interest-free installment until 25.12.2027, $1,224/month • international brand • Management by Royal Tulip – 5-star hotel • Construction completion 2027 – including infrastructure • Installments 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 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 9 points • gas boiler house for centralized heating Management terms: • Management Company (MC) 40%, Owner 60% • 40% share includes utility bills • Maintenance $2 per sq. m – not included in management cost • Personal dashboard for tracking income from the MC • 10-year contract with the MC. Exit possible after 3 years • Residency limit for owners when signing with the MC – 2 months per year (60 days total, including 14 days during high season) During hotel operation, the buyer will be registered in a specialized electronic system with a personal account to communicate with the operator. Through this account, the buyer can efficiently track and monitor operations, control the distribution of income and expenses, receive information on pricing, bookings, and other tariffs, and maintain all communications with the management company. We have over 1000+ properties in our database!!! For any questions, please message us 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!
Property ID: 198820

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 $‍62,177 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
5 403
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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