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2-bedroom apartment 62.1 m2 in OVAL complex, Batumi – $132,584
We offer for sale a 2-room apartment of 62.1 m2 in the premium complex OVAL, located in the Alley of Heroes in Batumi, Georgia.
The project combines five-star hotel infrastructure and investment apartments with the declared possibility of professional management under the Royal Tulip brand.
The distance to the sea is about 5 minutes walk.
Cost: $132,584.
Characteristics of the apartment
Type - 2-room apartments
• total area: 62.1 m2
• floor - 12/34
• ceiling height to finish - 3 m
• Panoramic double-chamber windows
• Planned delivery - 2028
The composition of the finish, the presence of furniture, balcony and specific characteristics of a particular object are specified by documentation.
About the Oval complex
OVAL is a multifunctional 34-storey project with hotel and investment components.
Main characteristics:
• 34 floors
• Infrastructure on the lower floors
82 hotel rooms on floors 5 to 10
• 332 investment apartments
• 100 parking spaces
• 5 elevators
• monolithic construction
• noise insulation
• declared seismic resistance - 9 points
• Central heating from the gas boiler room
Complex infrastructure
receptionist
• observation deck
pool
• health centre
• fitness room
• cinema
restaurant
• lounge areas
• winery
• parking
Apartment management
The complex provides a hotel management model.
The stated terms of distribution of income:
• 60% - the owner
• 40% - management company
• Utilities are included in the share of the management company
• Service is paid separately - $ 2 / m2 per month
For apartments with an area of 62.1 m2, the estimated cost of maintenance is $124.20 per month.
There is a personal account of the owner to track charges.
When concluding a contract with a management company, personal use of the apartment is allowed up to 60 days a year, including up to 14 days in high season.
Actual profitability depends on the load, accommodation rates, operating costs and contract terms. Guaranteed returns have not been confirmed.
Location.
The complex is located in Batumi, in the area of the Alley of Heroes, about 5 minutes walk from the sea.
The location is suitable for personal rest and potential tourist accommodation.
Conditions of acquisition
• Cost: $132,584
• Installment conditions are specified for a specific object
• the composition of the finish and the legal form of the transaction are subject to confirmation
Benefits of the facility
• area of 62.1 m2
• Location on the 12th floor
• proximity to the sea
• Five-star hotel concept
• Developed infrastructure of the complex
• Professional management model
• the possibility of personal use under the contract
• Investment format of real estate
Price: $132,584.
Planned delivery: 2028.
For layout, information about finishing, terms of purchase and management contract, contact us.
