Description of the building
Stay&Rent
Developer: One Development (3 projects under construction)
Completion Date: Q4 2027
Number of Floors: 22 floors (1 building)
Number of Apartments: 440 apartments
Construction Technology: Monolithic frame
Distance to the Sea: 700 meters
Address: 1 Grigola Lortkipanidze St.
Complex Type: For living or investment (possible self-rental or through a management company)
Management business model: Income is distributed 60%/40%. 60% of the total income is transferred to the owner, and 40% remains with the management company.
Nearby Infrastructure: The complex is located in an area with diverse active commercial, shopping, and social infrastructure within walking distance:
- Educational institutions: Public School No. 27, Batum Türk Okulu School, kindergarten;
- Batumi Medical Center;
- Supermarkets: Green Mart, Onima, Vilmart, "Carrefour" and various grocery mini-markets;
- Shopping centers: Metro City Mall, Batumi Mall;
- Restaurants and cafes;
- Recreation areas: Lech and Maria Kaczynski Park, Eclipse Casino, promenade, playgrounds, Batumi Aquapark, stadium, fitness clubs, Rugby Stadium, and others;
- Bank branches: Credo Bank and others;
- Beauty salons;
The promenade and sea are a 7-minute walk away.
completion of construction
Prices and conditions of the acquisition
Price: From $722 per m² (black frame), white frame available + $110 per m²
Prices vary depending on the view and floor.
Monthly maintenance fee - $1 per m²
Payment Terms: 30% down payment, 36-month installment plan
Planning
Apartment Areas: 39.5–79.2 m²
- Studios
- 1-bedroom
Type of repairs
Apartment Finishing: Black frame, white frame available + $110 per m²
Conditions
- Commercial spaces on the ground floor
- Heating
- Open rooftop swimming pool