Studio apartment for sale in Batumi, STEPS — 38.6 m² for $76,000

Steps, 24th floor, panoramic sea and mountain views. 38.6 m². $76,000. Unobstructed view from the 24th floor. There are only 4 such studios in the entire complex. The area is 20% larger than a standard Steps studio. Renovation, furniture, and appliances are fully completed. No mandatory management company. 200 meters to the sea through the park. Infrastructure: 1. gym, SPA, and outdoor pool (free for owners and tenants) 2. restaurant, coworking, underground parking, concierge Profitability: • rental yield from 7% net per annum • 10% annual price appreciation Total net yield: from 17% per annum in USD Expenses: service fee $926 per year, 5% rental tax, utilities paid by the tenant. 0% tax if sold after 2 years. Mortgage for non-residents is available.