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

$‍‍76,000
$‍1,969 per m2
$
1-room
apartment
apartment
38.6 m2
total area
area
24 floor
out of 27
out of 27
Feature of the layout
Layout
Studio
Number of bedrooms
Bedrooms
1 bedroom
Number of bathrooms
Bathrooms
1 bathroom
Ceiling height
Ceiling height
3 m
Project
Project
Developer
Developer
Year of construction
Year of construction
2024
Listed
Listed
Yesterday, 12:05
Updated
Updated
Yesterday, 12:15

Description from the seller

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 — fully ready. No mandatory management company contract. 200 meters to the sea through the park. Infrastructure: 1. gym, SPA, indoor and outdoor pools (free for owners and tenants) 2. restaurant, co-working space, underground parking, concierge Profitability: • rental yield from 7% net annually • 10% price appreciation per year Total net return: 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.
Inna
Inna
Owner
Owner
Speaks: ქართული

Building location

Batumi, Airport District, STEPS
, Grigol Lortkipanidze St, 2b

Contact seller

Inna
Inna
Owner
Owner

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 $‍64,600 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
5 673
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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