+ (995) 574 20 20 20
sales@mardi.ge
Follow Us:
Property Details
Novotel Living Batumi
Novotel Living Batumi will open on Iberia Street in the recreational area of Batumi, just steps from a private beach. Guests can unwind in a unique microclimate with subtropical vegetation year-round. The hotel is near popular attractions like Petra Fortress, Batumi Botanical Garden, and Mtirala National Park, and only 15 minutes from the city center’s trendy restaurants and bars.
Amenities include co-living spaces, a gastronomic restaurant, a 24-hour lobby bar, and a recreation area with an infinity pool. A rooftop restaurant offers stunning sea and mountain views. The hotel also features a SPA, fitness center, and conference rooms, along with a children’s playground and animation programs throughout the day.hould be made as simple as possible, but not simpler.
Address Area
This area offers a tranquil escape with stunning views of both Batumi’s vibrant cityscape and the serene Black Sea. Nestled near lush greenery and iconic landmarks, it combines peaceful hillside living with convenient access to the heart of the city. Perfect for those seeking a blend of nature and modern lifestyle.
Zip/Postal Code
State/country
City
6010
Adjara
Batumi
Tamar Mepe Avenue 62
Address
Novotel Apartment — Owner Investment Returns
Mandatory rental pool. The owner receives 60% of gross rental revenue; the 40% management fee covers hotel operation. Ten-year horizon, 2028–2037, with property appreciation.
Cushman & Wakefield market study
Enter the unit
3 fieldsm²
$
%
These three are the only editable fields. Everything below is fixed by the market studies.
Appreciation scenario
preset ratesLocked assumptions
not editableOwner revenue share60%
Management fee40%
Occupancy, yr 1 → yr 1056% → 69%
Days available per year365
Annual appreciation5%
Horizon10 yrs · 2028–37
Purchase price
—
—
Property value
in 2037
in 2037
—
—
10-yr total return
rent + appreciation
rent + appreciation
—
—
10-yr total
return on price
return on price
—
—
Net rental income
10 yrs, after tax
10 yrs, after tax
—
—
Capital gain
10 yrs
10 yrs
—
—
Rental ROI
after tax
after tax
—
—
Payback from
rent alone
rent alone
—
—
Avg annual total return
—
10-yr rental ROI before tax
—
10-yr owner revenue before tax
—
10-yr owner tax on rent
—
Total return vs purchase price
— Cumulative rental income Property value increase Purchase price Total return covers price
Year by year
USD per apartment| Year | Occ. | ADR | Gross revenue | Owner 60% | Tax | Net rent | Cumulative rent | Property value | Capital gain | Total return | Total ROI |
|---|
Unlock Key Insights Into Landmark Investment Opportunities — Apply for Access
Subscribe to learn about our promotions and special offers.