Palm Apartments is a low-rise premium complex of curved white architecture set on a landscaped seafront plot 100 metres from the beach, with an outdoor pool, eucalyptus grove, and dedicated recreation areas visible from the aerial view.
The apartment on the 5th floor of 8 is offered in shell condition: partition walls are framed in moisture-resistant drywall with plumbing and ventilation roughed in; the layout is open and ready for a custom fit-out. The complex includes a multi-level underground parking garage, and the sale price includes one parking space.
Investment Potential
A 164 sq m shell apartment in an established low-rise premium complex 100 metres from the Batumi seafront – with pool, grounds, and underground parking included in the price – is positioned for buyers targeting the upper tier of the furnished rental market. The scale of the unit and the infrastructure of the complex support long-term corporate and family tenants as well as high-value short-term rental formats, both of which show sustained demand in Batumi's central districts. Georgia's rental income tax is 5%, and capital gains tax is 5%.
Infrastructure:
• outdoor swimming pool
• eucalyptus grove and landscaped recreation areas
• multi-level underground parking (1 space included in price)
• central utilities connected
• central air conditioning system
• 100 m to beach
• shell condition – ready for custom fit-out
Specifications:
• total area: 164 sq m
• condition: shell
• floor: 5 of 8
• parking: underground (included)