DS Chavchavadze 2 in Batumi

Name: Sales in DS Chavchavadze 2 started!
Start: 2021-05-19T13:14:45.948735+00:00
End: 2023-12-31T23:59:59+0000
Location: DS Chavchavadze 2

Sales from the developer completed

Property for sale here (9)

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Project info

Object ID: 12245

Finished at	September 2020
Price, m²	From 550$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 42.88 m²
Floors	32
Apartments	644
Building phase	Completed
Condition	Turnkey
Ceiling height	3.00 m.
Construction type	Monolyth
Security	Security
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
Free consultation	Ask a question
Resale properties in this project	Found 9 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

23,100$

Net profit

6,783$

Payback period

2.6 years

Avg property value increase per year

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About the project

DS Chavchavadze 2 is a 29-storey residential complex, which is being built in Batumi on Tbel-Abuseridze Street, 5.

What is in and around the building?

The new building is located near several schools, cafes, restaurants, shops, and a pharmacy. The house comes with around the clock security, a parking lot for residents and guests of the complex, a kindergarten, and a shopping center. The building is also equipped with a video surveillance system.

How is it built?

The house has plastic windows and balcony doors with double glazing. The front door is made of metal. The building connected to the necessary networks for electricity, water, natural gas, and the Internet.

Residential complex DS Chavchavadze 2 is being built using modern technology, which provides the ultimate comfort for its residents. The level of service and the quality of these services meet modern requirements.

The old areas of Batumi and the city center are about 7-10 minutes from the residential complex.

Developer

The company DS GROUP was founded in 2012. It is a multi profiled company that unifies not only construction and development activities but…
Details about DS GROUP