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G Residence in Batumi

Name: Sales in G Residence started!
Start: 2021-01-11T08:46:53.616964+00:00
End: 2023-12-31T23:59:59+0000
Location: G Residence

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Floor

Type	Square	Price
1 room	31 – 46 m²	Price TBA
2 bedrooms	64 m²	Price TBA
3 bedrooms	94 m²	Price TBA
1 room	31 – 46 m²	Price TBA
2 bedrooms	64 m²	Price TBA
3 bedrooms	94 m²	Price TBA
1 room	31 – 46 m²	Price TBA
2 bedrooms	64 m²	Price TBA
3 bedrooms	94 m²	Price TBA
1 room	30 – 44 m²	Price TBA
2 bedrooms	65 m²	Price TBA
3 bedrooms	100 m²	Price TBA
1 room	30 – 44 m²	Price TBA
2 bedrooms	65 m²	Price TBA
3 bedrooms	100 m²	Price TBA
1 room	30 – 44 m²	Price TBA
2 bedrooms	65 m²	Price TBA
3 bedrooms	100 m²	Price TBA
1 room	30 – 58 m²	Price TBA
2 bedrooms	65 m²	Price TBA

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Project info

Object ID: 10392

Finished at	June 2023
Price, m²	1250$ — 1800$
Buy online	Details
Installment plan	24 Месяца
Bank mortgage
Property type	Apart-hotel
Square	from 30.40 m²
Floors	12
Apartments	103
Distance to sea	50 m.
Building phase	Foundation
Condition	Turnkey
Ceiling height	3.00 m.
Construction type	Monolyth
Elevators	2
Security	CCTV Security Reception
Conveniences	Parking Underground parking Spa Fitness Pool Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 50$
Free consultation	Ask a question
Resale properties in this project	Found 8 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

38,625$

Net profit

5,883$

Payback period

4.8 years

Avg property value increase per year

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About the project

Apartments with complete renovation, furniture, built-in appliances

Ventilated facade

SAINT GOBAIN glass package

Entrance, paved with granite

Mitsubishi brand elevators

Two tier underground parking

Download presentation of the project

Developer

The construction development company "Gumbati Group" is a stable company, a leader in the construction sector in Georgia.Our history began i…
Details about GUMBATI GROUP