Translate
Русский
35.7 m2 studio on the 17th floor in OVAL complex, Batumi
OVAL is a business class project on Pirosmani Street, in the area of the Alley of Heroes, about 5 minutes from the sea. The complex combines investment apartments and hotel infrastructure under the management of the international brand Royal Tulip and is positioned as a facility with a 5-star hotel service.
We offer a studio of 35.7 m2 on the 17th floor of 34. The apartment is handed over with a clean finish, without furniture. There is a balcony and panoramic windows that overlook the city.
Characteristics of apartment
area - 35.7 m2;
format - studio;
floor 17/34;
clean finish, without furniture;
combined bathroom;
balcony;
city view;
panoramic double-chamber windows;
height of ceilings - 3 m to finish;
monolithic construction;
noise insulation;
seismic resistance - up to 9 points.
Oval infrastructure
The infrastructure is located on the first floors of the complex and includes:
receptionist
pool;
health centre;
fitness;
cinema
restaurant
lounge zone;
observation deck.
The project includes 82 hotel rooms and 332 investment apartments, 100 cars are provided.
Investment attractiveness
The key advantage of the facility is the combination of the location by the sea, hotel infrastructure and professional management. For owners, a model of working with a management company is provided: 40% of income is received by the UK, 60% by the owner, while the share of the UK includes a communal component. Charges are displayed in the personal account. The cost of maintenance is declared at $2/m2.
The project materials indicate an estimated investment attractiveness of 10%, but the actual income depends on the load, tariffs and operating costs and is not guaranteed.
Conditions of purchase
Cost: $67,830;
transaction format - assignment;
completion of construction and infrastructure – end of 2027;
installments are provided until the end of 2027;
When concluding a contract with the Criminal Code, the owner has personal residence up to 2 months a year.
The purchase is accompanied at all stages: legal verification of the object and documents, registration of the transaction and consultations on further real estate management.
