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Studio apartment for sale in Batumi, Prime Residence — 29.3 m² for $24,500

$‍‍24,500
$‍836 per m2
commission-free
$
1-room
apartment
apartment
29.3 m2
total area
area
14 floor
out of 21
out of 21
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
2024
Listed
Listed
Yesterday, 12:16
Updated
Updated
Yesterday, 12:16

Description from the seller

An investment studio apartment in Prime Residence – Batumi's first club-type residential building for business and IT professionals. New Boulevard and Pearl of Batumi Park are nearby, offering sea and mountain views. 5 minutes to the sea, 10 minutes to the airport, and Metro City within walking distance. A studio in this format and location is a rare product with a low entry threshold and a well-defined tenant audience. The studio is 29.3 sqm with a compact layout, available with pre-finishing or fully furnished. The complex is complete and keys are being handed over – ready to rent right now. Underground parking, reception, 24-hour security, and CCTV. Coworking, meeting rooms, a gym, bicycle and scooter storage, and parking – infrastructure built for business tenants. Digital nomads and IT professionals are exactly the audience seeking this format and willing to pay above-market rates. A low entry budget and a niche format make this studio one of the most compelling investment options in Batumi for a mid-term rental strategy. Resale is equally relevant. Purchase options include cash or an installment plan: 30% down payment, with the remaining balance paid monthly over 20 months.
Speaks: русский, english, ქართული

More about the house

Zgvispiris St, 6a
Prime Residence
21 floors
300 apartments
Delivered
Completed in 2024

Contact seller

Георгий Дондоладзе
Георгий Дондоладзе
Agent
Agent

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 $‍20,825 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
1 829
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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