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Novotel Living - Batumi, prices for apartments from the official developer Mardi Holding layout of the residential complex | Real Estate on Batumi Estate
Buy an apartment in residential complex Novotel Living - 79 apartments and studios. Prices from $93,960. Description of the residential complex, photos, layouts, construction progress. Residential complex address: Batumi, 62 Tamar Mepe Avenue, 2 Iberia Street.
Novotel Living is a completed 13-story, premium-class residential complex in the Makhinjauri coastal district of Batumi, Georgia, developed by Mardi Holding in partnership with Accor — the international hotel group behind the Novotel brand.
https://batumi.estate/en/novotel-living
THE DEAL
Developer: Mardi Holding Operator / Management: Accor (Novotel) Construction status: Completed — December 2024 Location: 62 Tamar Mepe Avenue, Makhinjauri, Batumi, Georgia Distance to sea: 100 meters Floors: 13 Total apartments: 79
PRICING
Studios from $93,960 (from 34.3 m²) 1-bedroom from $119,070 (from 44.5 m²) 2-bedroom from $207,654 (from 65.9 m²) Price per m²: from $2,285
INSTALLMENT AVAILABLE
30% down payment, interest-free up to 12 months.
WHY NOVOTEL LIVING
The defining feature of this project is the Accor partnership. Novotel's global booking system and brand recognition drive occupancy and allow competitive rental rates that independent properties cannot match. The management company handles all tenant sourcing, maintenance, and property management — making this a true passive income asset for international investors.
The project is fully completed and commissioned, eliminating construction risk. Buyers can inspect the physical property before purchasing. Completed premium apartments in Batumi are in high demand with limited supply — particularly in the coastal Makhinjauri district.
Georgia offers one of the most investor-friendly real estate markets globally. Foreign buyers require no residency permit. Property registration completes in a matter of days. Full ownership rights with no restrictions on foreigners. No capital gains tax for individuals on property held long-term.
INVESTMENT CASE
The rental demand is driven by Batumi's growing tourism market (summer peak), expats, and remote workers (year-round off-season). The Novotel brand draws guests who trust international hotel standards, commanding rates above the local market average. Recommended investment horizon: 3+ years to complete full seasonal rental cycles and capture property value appreciation as Makhinjauri develops.
AMENITIES
Swimming pool · Landscaped green zones · Parking · 24/7 security and video surveillance · Commercial premises on ground floor · Accor professional property management
TO INVEST OR INQUIRE
All transactions occur directly with the developer, Mardi Holding.