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Studio apartment for sale in Batumi, Silk Towers — 28 m² for $70,000

$‍‍70,000
$‍2,500 per m2
commission-free
$
1-room
apartment
apartment
28 m2
total area
area
26 floor
out of 40
out of 40
Feature of the layout
Layout
Studio
Number of bedrooms
Bedrooms
1 bedroom
Number of bathrooms
Bathrooms
1 bathroom
Living area
Living area
26 m2
Kitchen area
Kitchen area
3 m2
Additional
Additional
Balcony
Project
Project
Developer
Developer
Year of construction
Year of construction
2029
Listed
Listed
Yesterday, 10:46
Updated
Updated
Yesterday, 10:46

Description from the seller

🔥 Investor Resale! 🔥 🏆 Silk Towers — 40 floors by Japanese architect Kengo Kuma! A studio apartment is for sale via assignment of rights from an investor in the Silk Towers skyscraper — a 40-story complex in the heart of Batumi's Old City at Barbusse St, 6. The building's design was developed by the world-renowned Japanese architectural firm Kengo Kuma & Associates. About the project: Silk Towers is a mixed-use complex featuring apartments and a hotel. Construction began in 2023, with completion scheduled for Q4 2029. The complex is located in central Batumi, in close proximity to the Black Sea. ✅ Advantages: • design by world-famous architect Kengo Kuma • location: Old City, Barbusse St, 6 • multifunctional complex: apartments + hotel • rich infrastructure of the city center • common lounge area ✅ Investment potential: Investor studios with a yield of 16–18% per annum due to the unique location in the historical center and proximity to the sea. 📍 Location: Old City Batumi, central part of the city within walking distance to the boulevard and the sea. 💡 Additionally: • Georgian residence permit available for purchases over $100,000

More about the house

Barbiusi St, 6
Tower 1
40 floors
1 000 apartments
Under construction
Start in Q3 2025
Completion in Q4 2029
For sale

Contact seller

Robert
Robert
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 $‍59,500 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
5 225
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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