1/7

1-room apartment for sale in Batumi, Rainbow — 35 m² for $36,500

$‍‍36,500
$‍1,043 per m2
commission-free
$
1-room
apartment
apartment
35 m2
total area
area
11 floor
out of 15
out of 15
Number of bedrooms
Bedrooms
1 bedroom
Number of bathrooms
Bathrooms
1 bathroom
Project
Project
Developer
Developer
Year of construction
Year of construction
2024
Listed
Listed
22 May 2024
Updated
Updated
10 December 2025

Description from the seller

An offer for those who are not ready to take risks and wait 2–3 years for construction! Keys are available this December. Sale by owner. The building is already constructed; glazing and finishing works are currently underway. New Boulevard district (popular tourist location): • 150 m to the sea • future private sandy beach • beautiful long promenade and park nearby • large shopping mall with a food court, shops, and restaurants within walking distance • 30-minute walk to the historic city center along the promenade ELT Quarter: several residential complexes by a single developer forming a unified global district project. Two complexes are already completed and operational, allowing access to their full infrastructure. The project includes its own yacht club, marina, and the only sandy beach in Batumi. Complex amenities: • landscaped courtyard with a green square and children's attractions • open and covered parking • communal green veranda with an outdoor pool, jacuzzi, summer cinema, and cafe-bar • high-quality elevators (Hyundai & Kone) • high-quality thermal-insulated facade with heat-resistant glass • 24-hour administrative service with video surveillance and security system • on-site car service • free seasonal electric shuttles • 24-hour backup power supply for elevators and common areas • fitness centers and saunas • fire safety system • commercial spaces for various purposes • apartment management service The apartment is delivered in white frame condition (plastered walls, all utilities connected), and the building is gasified. Optional developer renovation is available: without furniture (includes air conditioning and plumbing) for $450/m2, or "turnkey" renovation for $600/m2 (includes furniture, appliances, plumbing, and household accessories). The apartment will be fully ready for living or renting out. Management company: the complex is profit-oriented with an international management firm. 60% of rental income goes to the owner, while 40% remains with the management company. The projected net annual profit for the owner is 10–12%. Secure a nearly completed property in a new building with minimal waiting time!

Building location

Batumi, Airport District, Rainbow
, Adlia St, 6

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 $‍31,025 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
2 725
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.
Do you like this apartment?
Add to favorites so you will not lose it or send a link to someone who helps you with the choice of housing
How can we improve this page?