Elegant Studio in Batumi

18 D Pirosmani Street
45,750
Elegant Studio In Batumi

Overview

Property ID: 1653237600
33.82 m2
Floor 20
2.80 m2 ceiling
1 bedrooms
1 bathrooms
Construction
Completed / In-Use
Handover: 2018
Delivery Condition
Turnkey Fully Furnished
Options
Parking: None
Security: No
Features
Elevator / Lift
Balcony
Internet / WiFi
Cable TV
Television
Air Conditioning
Heating
Hot Water
Full-size Refrigerator
Clothes Washing Machine
Sofa
Chairs
Computer Desk
Bed(s)
Wardrobe(s)
Dining Table
Sink
Cooking Items
Flatware
Drinkware
Shower(s)
Description

A newly renovated, warm studio with a sea view, just minutes away from the beach.

The apartment is located in a residential building, it’s equipped with a queen-size bed with a luxurious mattress and bedding. A modern bathroom with shower, and complimentary toiletries and towels.

The kitchen is also fully set up with cooking and dining ware, a spacious fridge, microwave, electric kettle, and stovetop. There is a washing machine, a drying rack, an iron, and an ironing board.

Past Rental Performance:

  • 2020
    • Occupancy: 41.10%
    • Net income: $1425
  • 2021
    • Occupancy: 78.36%
    • Net income: $4710
  • 2022
    • Occupancy: 78.26% (Jan, Feb, Mar)
    • Net income: $1375 (Jan, Feb, Mar)


If you are looking for a turnkey investment property that already has successful professional management and is already generating income, this is a great property to consider.

Payment Options

Property owner only accepts full cash payment. However, there are financing options available through Georgian banks. Ask the sales agent for more details.

Investment Potential

We personally evaluate every property listed for sale on our site for rental income potential. Our company has been managing daily rental properties, guesthouses and hotels in Batumi since 2013. So we have a lot of experience in this market.

This property meets our standards for construction quality, design, finishing, and daily rental marketability. We are confident in the potential of this property for daily rental income and we will happily manage and maintain the property for you so you can enjoy a truly hands-free passive income property.

Based on our long-term history in the market, we have made projections for occupancy and nightly rates, along with expenses, taxes, and upkeep. These projections include income, profit and expected return on investment. If you would like to see these projections, please contact the sales agent and they will be happy to discuss everything with you.

Learn more about our successful history managing properties in Batumi.

Location

41.637309,41.6126081

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