House on Komakhidze 97 in Batumi

Name: Sales in House on Komakhidze 97 started!
Start: 2020-06-22T07:19:13.418791+00:00
End: 2023-12-31T23:59:59+0000
Location: House on Komakhidze 97

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Reviews about House on Komakhidze 97

Anton Kuzmin

Original language: Russian

The house is located in a quiet residential area; it is not very popular among tourists. But in my opinion, the place is very suitable for permanent residence. I would like an apartment in such a quiet place, away from the sea and dampness, with a cozy courtyard and parking nearby.

Project info

Object ID: 7806

Finished at	June 2021
Price, m²	From 1100$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 45.00 m²
Floors	10
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
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Resale properties in this project	Found 3 object(s)

Return on investment for apartment

with price

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

49,500$

Net profit

6,783$

Payback period

5.5 years

Avg property value increase per year

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Promos and discounts for House on Komakhidze 97

About the project

Residential complex M. Komakhidze Street, 97 in Batumi, offers comfortable apartments, suitable for summer vacations, as well as for permanent residence. Construction is literally a 15-minute walk from the beach. It is a quiet and safe place where the hustle and bustle of the resort is not felt and all the household items needed here are functioning.

Infrastructure

In the immediate vicinity of the construction site, there is a Georgian-American school, a kindergarten "Hakuna Matata", a medical institution, a nautical hospital, a furniture salon. There is also a grocery store, ATMs and a gas station. It is true that the sea is relatively close, there are hotels in the neighborhood, but there are none in the resort area. Only 1 kilometer from the new building is the new modern stadium of Dinamo.

Transport

Only 100 meters from Bagrationi Street - the largest traffic highway in the city. Several public transport routes run close by. Batumi seaport is about 2 km away from the new building and there are about as many as before the old bus station. Batumi Passenger Railway Station is 4.5 km away, and the airport is 4 km away.

Feature of the project

Residential complex M. On Komakhidze, Batumi 97 is a relatively small 10-storey building built using monolithic technology. The first floor will be non-residential and intended for commercial space. The building is equipped with parking. A well-planned playground is planned here.