Radisson RED residences in central Batumi: studios, 1BR and 2BR, turnkey

Overview

Branded residences in Batumi's busiest tourist district: demand here comes from city visitors and business trips, not only from the beach season. Suits both owner occupation and short-term letting through a management company. - 45 floors, 600 residences, about 38,380 m² - 440 studios (34.4–42.4 m²), 120 one-bedroom units (54.1–64.2 m²), 40 two-bedroom units (75.8–76.6 m²) - Handed over turnkey: finish, kitchen, furniture, appliances, air conditioning, TV, coffee machine, safe, textiles - 350 to 435 m to the sea; the Singing Fountains, Batumi Mall and Black Sea Mall nearby - Restaurant, café, rooftop bar, spa, hammam, saunas, indoor pool, gym, conference rooms, a children's room, 24/7 reception, underground parking for 63 cars - Building permit obtained, valid until January 2030 - Completion: Q4 2029 A legal check of the project and the developer company is a must before buying. The instalment terms follow the developer's materials and are confirmed at the time of the deal. Yield figures are the developer's forecast (from 15%), not a guarantee. Price of a 34–42 m² studio; 1BR from $196,410, 2BR from $270,370. From 15% a year from short-term letting by the developer's calculation, management fee 8% — a forecast, depends on occupancy

Highlights

Mortgage

No

Location

Batumi, Heroes Alley area, Georgia

Legal and purchase notes

Prices, availability, yields and payment plans are subject to change. Any rental income or capital growth figures are illustrative and do not constitute a guarantee. Clients should obtain independent legal, tax and financial advice before making a purchase decision.