Flat 52 м² in Batumi, Georgia

88 914 $

1 709 $ /м²

4OUAH

Flat 52m² in Georgia, Batumi. Priced at 75829€ rent photo- #1

Flat 52m² in Georgia, Batumi. Priced at 75829€ rent photo- #2

Flat 52m² in Georgia, Batumi. Priced at 75829€ rent photo- #3

Flat 52m² in Georgia, Batumi. Priced at 75829€ rent photo- #4

Flat 52m² in Georgia, Batumi. Priced at 75829€ rent photo- #5

Flat 52m² in Georgia, Batumi. Priced at 75829€ rent photo- #6

Flat 52m² in Georgia, Batumi. Priced at 75829€ rent photo- #7

Flat 52m² in Georgia, Batumi. Priced at 75829€ rent photo- #8

Flat 52m² in Georgia, Batumi. Priced at 75829€ rent photo- #9

Area

52 м²

Bedrooms

Bathrooms

1 bedroom apartment for sale Batumi, Adjara, Georgia

The project represents luxury apartments from the world's leading hotel group Accor, which are planned to operate under the world-famous "apartment ownership" system. This means that the apartments are owned by an individual, while the hotel infrastructure is managed by the brand itself. Novotel Living Batumi is a luxury apartment equipped with everything you need for a long stay. Both studios and residential apartments with two and three rooms are available. The main concept of the hotel is the presence of stylish and practical furniture, washing machines, mini laundries and fully equipped kitchens in each apartment. This will allow both business and leisure guests to enjoy the comforts of home, complemented by the services of an international hotel. The future Novotel Living will be located in the recreational zone of Batumi, within walking distance from the sea and the city center. Construction is being carried out in accordance with the international standards of the Novotel Living brand and the company's local expertise. The owners do not bear the costs of maintaining the infrastructure and attracting the flow of guests, but only receive income from the rental of their apartments, which averages 15% per year.

Additional details

Property type

All Types

Object type

Flat

Price

88 914 $

FAQ

In Georgia a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Batumi; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.

Banks in Georgia finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.

Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.

A title search at the land registry of Georgia takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.

Yes. Rental income tax is 5–25% depending on the regime. In Batumi short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.

Yes. An inspection costs about 0.5–1% of the price (88 914 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

A typical transaction runs 30–90 days, averaging 45 in Batumi: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).