Sale - $159,500 - 2 Rooms - Batumi, ფარნავაზ მეფის ქ. 150

Sale Agent myhome

$159,500

Batumi, ფარნავაზ მეფის ქ. 150 - 22.07.2026 22:25

Rooms: 2 Bedrooms: 0 Floor: 13 Area: 55.00 m²

The apartment is located in old Batumi - the historical center of the city, where the supply of new quality housing is strictly limited. The apartment is bright and sunny. The living room gets the best light from the afternoon, and in the evening the panorama of the sunset over the sea opens. Finishing and materials: • All furniture is made of MDF with ecological paint-varnish coating • Linear lighting throughout the apartment • Aluminum sliding doors - silently, without thresholds, visually expand the space • Underfloor heating throughout the apartment, Spanish Ceramoranite tiles Techniques and equipment: • Complete set of built-in Bosch appliances • Samsung 55" TV (2026 model) • Duson premium orthopedic mattress • Grohe plumbing Investment potential: The apartment needs final furnishing (sofa, textiles, shower cabin, decorative elements) - after which it will be fully ready for rent. Lease rate: $1,200/month Net income: ~$12,085/year Yield: 7.3% per annum Payback period: ~13.6 years Utility bills - by the tenant Location: 🌊 to the sea - 12 minutes by foot (970 m) 🌳 May 6 Park - in the neighboring quarter ✈️ Airport – 15 minutes by car (5.1 km) 🛍️ Batumi Mall - 8 minutes 🏛️ Historical center, restaurants, Argo cable car - within walking distance Why is this area growing? The 6 May Park / Rustaveli area is a separate sub-market in the city. Supply is limited – there simply isn't room for new construction. Prices here are historically 15-30% higher than the city average. Demand for tourists and expats is consistently high. The shortage of quality housing is acute.

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