Location
Property characteristics
Apartment parameters
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Price per m²€2,721/m² -
Floor13 -
Bedrooms1 -
Total area35 m²
Building parameters
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The year of construction2025 -
Number of floors13
Description
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Picturesque Complex under the European brand “NOVOTEL”. Location - 7 km from Batumi (towards Makhinjauri). 20 m from the sea. Brand Novotel 4*. Completion of construction of Block A: December 2023. Commissioning of Block A June 2024; Installments: in Block A for 18 months. 13 floors. In Block A, apartments are for sale only on a turnkey basis.
THE COMPLEX IS LOCATED IN A QUIET SUBURB OF BATUMI. YOU WILL BE ABLE TO ENJOY INCREDIBLE VIEWS OF THE SEA AND MOUNTAINS.
INFRASTRUCTURE: reception, restaurant, panoramic rooftop bar, private beach and sun loungers, rooftop pool, spa, fitness, shop. underground parking, territory with a garden.
European brand - “NOVOTEL Hotels”. 4 stars
Planned rental income up to 12% per annum
Loyalty program in hotels of the chain all over the world.
The management company takes a commission of 40%, the owner 60%.
Cost of management company maintenance: 0.9-1 $\m2 (service fee - included in 40% of the management company)
The rooms will have kitchens.
Limitation of owner's stay to 3 weeks per year in both blocks.
Payment options in block A:
Down payment from 50% for studios. Installments for 18 months.
Down payment 30% for apartments from 50 m2. Installments for 18 months.
70\30 - 70% PV. 30% is paid from rent for 3 years. (check with the manager).
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