7th Heaven Residence in Batumi is considered by buyers as an investment product with high liquidity due to proximity to the sea and developed infrastructure of the Airport district. The project solves the task of purchasing real estate for rental to tourists or permanent residence, offering apartments from developer H Group with installment plan without markup.
About the residential complex
The concept of 7th Heaven Residence is built around the format of resort real estate. The complex is positioned as an investment product, which explains stable demand from buyers oriented towards rental income.
Architecture includes two buildings with 40 floors each, which distinguishes the project against the background of new buildings in the district. Vertical construction provides panoramic views and efficient land use.
Real estate format is represented by studios, one-bedroom and two-bedroom apartments. Such distribution responds to the logic of Batumi’s tourist market, where compact formats demonstrate high occupancy in the rental segment.
Completion date of the complex is 2024. The finished construction stage reduces buyer risks and allows faster start of object operation.
Developer H Group implements projects in Batumi, including Batumi Palace and Salibauri Hills. Developer’s experience in resort real estate forms trust in construction quality.
Location and district advantages
The complex is located in the Airport district at 53 Sharif Khimshiashvili Street. Distance to the sea is 60 meters, which refers the object to the first coastline.
Proximity to Batumi Airport ensures constant tourist flow. City guests prefer to settle near the transport hub, which forms stable demand for short-term rental.
The district is characterized by developed infrastructure. Within walking distance are cafes, shops, public transport stops. Zone business activity is supported by transit travelers.
Prospects for real estate value growth are due to deficit of proposals on the first line. New projects by the sea are becoming rare, which supports object liquidity.
Complex infrastructure
- Swimming pool
- Fitness center
- Parking
- 24/7 security
- Management company
- Commercial premises on ground floors
Availability of own infrastructure increases complex attractiveness for rental and permanent residence.
Layouts and prices
Apartment area range is from 33.33 to 95.38 square meters. Studios start from $56,661, one-bedroom apartments from $62,532, two-bedroom from $187,726.
Cost per square meter varies from $1,700 to $2,500. Current average price is $2,223 per square meter, which is below average market indicator.
Most liquid for rental are studios and one-bedroom apartments. Compact formats require smaller investments and faster find tenants among tourists.
Installment plan conditions provide first payment 30%, term 36 months without markup.
Investment attractiveness
Rental opportunity is formed due to tourist flow of Airport district. Main tenant is transit guests, aviation industry specialists, airport tourists.
Value growth is ensured by finished construction stage and deficit of sea-side proposals. Objects on the first coastline retain value regardless of market conditions.
Batumi’s tourist potential remains stable. The city attracts visitors year-round, which allows maintaining apartment occupancy.
Investment horizon is from three to five years. During this period the object passes construction completion stage and exit to stable income.
Ownership format allows purchase by foreigners without restrictions. This expands investor pool and supports object liquidity.
Complex advantages
- First coastline at 60 meters from the sea
- Finished construction 2024
- Installment plan without markup for 36 months
- Developer H Group with project portfolio
- Compact formats for rental liquidity
- Own complex infrastructure
- Price below city market average
Who is this complex suitable for
Investors find the project interesting for possibility of quick exit to rental income. Studios and one-bedroom apartments demonstrate high occupancy in tourist segment.
For living the complex offers modern conditions with infrastructure. Proximity to sea and developed district create comfortable living environment.
For relocation the object solves the task of purchasing ready housing without construction waiting. Completed complex allows move-in immediately after purchase.
For passive income the format is suitable due to stable tourist demand. Management through management company minimizes owner participation.
7th Heaven Residence in Batumi is chosen by buyers oriented towards liquid real estate by the sea with finished construction. The project solves the task of investments in rental business or purchasing housing for residence in resort zone.
