New Complex Bakuriani II in Bakuriani

Name: New Complex Bakuriani II
Brand: Mgzavrebi Development
SKU: 1007
Availability: InStock

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Project info

Object ID: 1007

Finished at	December 2020
Price, m²	From 1450$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 35.00 m²
Floors	4
Condition	Black walls
Ceiling height	3.00 m.
Construction type	Monolyth
Security	—
Conveniences
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Personal discount certificate 300$
Free consultation	Ask a question

Return on investment for apartment

with price

8,078$

Rental income

1,103$

Management

689$

Utilities

403$

5% Income tax

5,883$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	25$	225$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		193		8078$
Average		52%		37$

Total invested

50,750$

Net profit

5,883$

Payback period

6.3 years

Avg property value increase per year

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About the project

New Batumi Complex II is a new project from the company Mgzavrebi Development under construction in Bakuriani, on the street Kostava 58.

Low-rise development project, only 4 floors. It is located on a small hill with a stunning view of the city and the mountains. Around clean air and a lot of greenery.

The project is planned to be completed and put into operation by the end of 2020.