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Studio apartment for sale in Batumi, Subtropic City — 59 m² for $103,000

‍277 685 ₾
4 707 ₾ per m2
$
3-room
apartment
apartment
59 m2
total area
area
14 floor
out of 19
out of 19
Feature of the layout
Layout
Studio
Number of bedrooms
Bedrooms
2 bedrooms
Number of bathrooms
Bathrooms
1 bathroom
Living area
Living area
55 m2
Kitchen area
Kitchen area
4 m2
Project
Project
Developer
Developer
Year of construction
Year of construction
2016
Listed
Listed
19 November 2024
Updated
Updated
19 November 2024

Description from the seller

Studio Apartment with 2 Bedrooms for Sale in Subtropic City A bright and spacious studio apartment with two bedrooms is available for sale in the Subtropic City residential complex, located at 1 Sherif Khimshiashvili Street. The total area of the apartment is 59 m², situated on the 14th floor of a 19-story building. The windows offer a stunning view of the city. Apartment Features: - 2 cozy and bright bedrooms. - Sold with high-quality renovations, furniture, and all necessary appliances. - Central heating installed, along with air conditioning for year-round comfort. Infrastructure and Location: The apartment is located in one of the most convenient areas of Batumi: - Distance to the sea: only 150 meters — perfect for relaxation and walks. - In close proximity to: - Batumi Mall and McDonald’s. - Shops, supermarkets, restaurants, and pharmacies. - Euro-2000 Lyceum, Heroes Alley, and Dancing Fountains. About Subtropic City Residential Complex The Subtropic City residential complex in Batumi is located just 100 meters from the seashore at 1 Sherif Khimshiashvili Street, in one of the city's most prestigious districts. A public transport stop is nearby, and the convenient exit to the E70 highway allows easy access throughout the city and along the coastline. Neighborhood Infrastructure: The area surrounding Subtropic City includes a fast-food restaurant, a maritime school, a hospital, and a dental clinic. A bit further away, you’ll find a university, a conservatory, a park, and a dolphinarium. Features of the Building: Subtropic City is a luxurious 19-story building with a monolithic reinforced concrete frame. The facade features unique tinted glass, adding to the building's modern aesthetic. All ten entrances are clad in natural granite, with each equipped with two silent digital elevators. Internal Infrastructure: - The landscaped courtyard includes a free outdoor parking lot, security, and video surveillance. - The ground floor houses commercial premises for various amenities. - The area is fully landscaped with greenery. Rental Prospects: - Tourist Demand: Batumi attracts millions of tourists annually, and the proximity to the sea and major attractions makes apartments in Subtropic City ideal for short-term rentals. - Long-Term Rental: The area is popular among locals and visitors due to its well-developed infrastructure and convenient location. Property Value Growth: Batumi's real estate market is constantly growing. Property prices in this area are steadily increasing, making purchasing an apartment in Subtropic City a profitable long-term investment. High Liquidity: Apartments in Subtropic City are easy to sell or rent due to their location and appeal to tourists, students, and families. About the Apartments: Energy-efficient technologies ensure low utility costs while maintaining high comfort levels. Modern construction standards, high-quality materials, convenient layouts, and additional amenities like central heating make Subtropic City a desirable choice for buyers and tenants. Fully renovated apartments with furniture and appliances minimize additional expenses, allowing immediate rental income or personal use. Selling Price:$103,000 Contact us to arrange a viewing or for more information!

Building location

Contact seller

Niko
Niko
Realtor of the agency Niko
Realtor of the agency Niko

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 236 032 ₾ from the bank
years
months
Mortgage from TBC Bank
from
12,9
%
interest
rate
from
15,02
%
effective interest
rate
21 071
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 — TIBR1M.
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