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1-room apartment for sale in Batumi, Rainbow — 40.7 m² for $33,500

$‍‍33,500
$‍823 per m2
commission-free
$
1-room
apartment
apartment
40.7 m2
total area
area
4 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
17 January 2025
Updated
Updated
10 December 2025

Description from the seller

An offer for those who are not ready to risk and wait 2–3 years for construction! The building is completed. Sale by the owner. Price is for white frame condition! New Boulevard area (popular tourist location): • 150 m to the sea, featuring its own sandy beach, a beautiful long promenade, a park, a large shopping mall with a food court, shops, and restaurants – all within walking distance • 30-minute walk to the historical city center along the promenade ELT Quarter: several residential complexes by a single developer forming a unified global district project. Two complexes are already finished and operational: you can use their full infrastructure. The project includes its own yacht club, marina, and the only sandy beach in Batumi. Complex infrastructure: • landscaped courtyard with a square and children's attractions • outdoor and indoor parking • landscaped common veranda with an outdoor pool, jacuzzi, summer cinema, and cafe-bar • high-quality elevators (Hyundai & Kone) • high-quality heat-insulated facade with heat-resistant glass • 24-hour administrative service with video surveillance and security system • on-site car service • free electric shuttle buses, seasonally • 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 supplied with gas. Additionally, you can pay for renovation by the developer: without furniture (includes air conditioning and plumbing) – $450, "turnkey" renovation – $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. International management company. 60% of rental income is transferred to the apartment owner, while 40% remains with the management company. The projected net annual profit for the owner is 10–12%. Various payment methods are available – cash or mortgage.

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 $‍28,475 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
2 501
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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