Comfort Palace in Batumi in Batumi

Name: Comfort Palace in Batumi
Brand: Comfort Palace
SKU: 786
Availability: InStock

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Project info

Object ID: 786

Finished at	October 2019
Price, m²	From 450$
Buy online	Details
Installment plan	30% minimum initial payment, interest-free internal instalments
Bank mortgage
Property type	Aparment building
Square	from 33.00 m²
Floors	21
Building phase	Completed
Condition	Black walls
Ceiling height	3.00 m.
Construction type	Monolyth
Elevators	2
Security	—
Conveniences	Parking Underground parking
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Personal discount certificate 300$
Free consultation	Ask a question
Resale properties in this project	Found 2 object(s)

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

14,850$

Net profit

5,883$

Payback period

1.8 years

Avg property value increase per year

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About the project

The residential complex "Comfort Palace in Batumi" is a new complex from the developer Comfort Palace.

Architecture and technical features

The Comfort Palace residential complex is designed in a modern style, its facade is painted in beige and dark brown.

Fifteen-storey comfortable building is built using advanced technologies and has the necessary level of seismic resistance. The house has a monolithic frame, the external walls are reliably insulated, which guarantees a low cost of heating.

The new building is equipped with two silent passenger lifts.

The complex's infrastructure

On the territory of the complex will be located:

- underground parking;

- playground;

- holiday destination area;

The developer of the residential complex "Comfort Palace" offers to issue instalments or immediately pay the entire cost of the apartment. The available practical layouts allow each investor to choose a suitable housing option. The sale of apartments takes place after finishing the black frame.