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Studio apartment for sale in Batumi, Oval — 34.5 m² for $69,000

$‍‍69,000
$‍2,000 per m2
$
1-room
apartment
apartment
34.5 m2
total area
area
18 floor
out of 34
out of 34
Feature of the layout
Layout
Studio
Number of bedrooms
Bedrooms
1 bedroom
Number of bathrooms
Bathrooms
1 bathroom
Additional
Additional
Balcony
Project
Project
Developer
Developer
Year of construction
Year of construction
2027
Listed
Listed
Yesterday, 11:26
Updated
Updated
Yesterday, 11:26

Description from the seller

Studio for rental business in Oval complex for sale 📍 Location — Alley of Heroes, one of the most promising areas of Batumi 📐 Area — 34.5 m² 📍 18th floor 🏙 City view The apartment will be delivered completely turnkey 🔑 — renovated, furnished, and equipped, allowing you to start earning income immediately without additional investment. 📅 Completion date — December 2027. Rental management will be handled by the Royal Tulip management company, making the property convenient for investors and providing passive income. 💰 Expected ROI — from 12% per annum. A great option for investment and a stable rental business in Batumi.
Speaks: русский, english

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 $‍58,650 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
5 151
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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