Studios
Studio apartments have been one of the most popular real estate formats for many years. Their key feature is an open layout without partitions between the kitchen, living room and sleeping area.
Reasons for the popularity of studios:
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Affordable price due to the small area;
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Rational use of space;
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Demand among tenants - tourists, students, young professionals;
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Attractiveness for investment - studios are easier to rent out on a daily basis;
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Flexible layout - you can zone the space with furniture or lightweight structures.
In tourist cities such as Batumi and Tbilisi, studios are especially popular with investors. This is due to small investments at the start and high rental income. For a tourist or temporary resident, it is not the area of the apartment that is important, but a convenient location, modern repairs and infrastructure.
Advantages of studios:
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Low threshold for investment;
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High demand in the rental market;
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Simplicity of design and repair;
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Minimal utility costs.
Disadvantages of studios:
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Limited area, lack of privacy;
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Not always convenient for permanent family residence;
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Possible difficulties with storing things;
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Dependence on the quality of the layout and engineering solutions.
However, for single people, young couples, students and tourists, studios are the best choice. They provide an opportunity to live in a modern complex, close to infrastructure, while saving on price.
For investors, studios remain one of the most reliable and quickly profitable real estate formats in Georgia, where the demand for renting such housing is consistently high and continues to grow along with the tourist flow.
Studios are available in all buildings that we recommend. Their area is from 30 to 60 meters, with open terraces of varying sizes.
However, the vast majority of such apartments are sold at the stage of breaking up the site or excavation pit.
Below we provide several examples of studios available for purchase. To receive a complete list of available apartments with layouts and prices, please fill out the application by clicking on the button.
Status House, Batumi
Apartment 1520, 15th floor, mountain view.
Total area 35.43 sq. m.
No finishing, "black frame"
Price per sq. m. $ 1,225
Total price $ 43,402
Down payment 20% $ 8,680
Interest-free installment for 35 months.
Monthly payment $ 992
Expected profitability is about $11,000 per year.
Payback period is about 6.2 years (taking into account investments in finishing and payments to the management company).
Profit on sale after completion of construction - up to $20,370
Marina Club, Batumi
Apartment 1002C, 10th floor, pool view.
Total area 60.00 sq.m.
Without finishing / with finishing / turnkey
Price per sq.m. $ 1,130 / 1,630 / 1,780
Total price $ 67,800 / 97,800 / 106,800
Expected profitability is about $12,500 per year.
Payback period is about 8.5 years (taking into account the turnkey purchase and payments to the management company).
Optima, Batumi
Apartment 1714, 17th floor, airport view.
Total area 40.73 sq.m.
No finishing, "black frame"
Price per sq.m. $ 1,200
Total price $ 48,876
Expected profitability is about $11,000 per year.
Payback period is about 7 years (taking into account investments in finishing and payments to the management company).
Spanish Quarter, Tbilisi
Hotel room 1003A, 10th floor, view of the Old Town
Total area 38.61 sq. m.
"Turnkey" - with finishing, furniture and appliances
Price per sq. m. $ 2,900
Total cost $ 111,970
Down payment 20% $ 22,390
Interest-free installment for 30 months
Monthly payment $ 2,990
Expected return is about $17,500 per year.
Payback period is about 6.4 years (including payments to the management company).
Profit on sale after completion of construction - approximately $22,390
Get
a free selection of options
Write to us and we will send you detailed information about our offers for studio apartments.