Studio apartment for sale in Batumi, STEPS — 24.4 m² for $48,000

Investment studio in Steps by Premium hotel complex — with management company and rental income Turnkey investment property in Georgia for those who want to earn rental income without the need to search for tenants or handle daily property management. This cozy hotel-style studio is perfect for both personal vacations and rental purposes. The apartment features a compact kitchen area and a private balcony — a key advantage for tourist rentals and long-term stays. The main highlight of the property is that the studio is already operating under a professional management agreement with Steps by Premium management company. The owner does not need to handle listings, bookings, guest check-ins, cleaning, or operational tasks personally. The management company takes care of rental organization, marketing, and working with booking systems, including international platforms. Apartment income is generated within a hotel model and distributed according to the property category and contract terms. Under the management agreement, the owner's share is 60% of the distributable rental income for the corresponding apartment category, accounting for taxes, expenses, and withholdings as specified in the contract. Payments to the owner are made twice a year — at the end of the respective seasons, after all necessary financial and tax calculations are completed. An additional benefit for the owner is the possibility of personal use for up to 60 days per calendar year, including up to 30 days during the high season, subject to the advance booking procedures established by the contract. The management company also provides the owner with regular reports on the apartment's performance, allowing for monitoring of occupancy, rental rates, accruals, and payouts. This is an attractive option for a buyer considering real estate in Georgia primarily as a ready-made investment asset with professional hotel management, while maintaining the flexibility to stay in their own apartment. Property advantages: • hotel-style studio • private compact kitchen • balcony • active agreement with a professional management company • rental management without owner involvement • listing and promotion via hotel and online sales channels • owner's share — 60% of distributable rental income per contract terms • bi-annual payouts • personal use up to 60 days per year • regular reporting from the management company • "buy — delegate management — receive income" format Suitable for an investor looking for an active rental property in Georgia, as well as for a buyer wanting to combine an investment with personal vacation opportunities. Important: profitability is not guaranteed — actual income depends on hotel occupancy, booking rates, season, apartment category, expenses, and management agreement terms.