Romani LTD in Batumi

Name: Romani LTD
Brand: Romani LTD.
SKU: 173
Availability: InStock
Rating: 5.00 (1 reviews)

Sales from the developer completed

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Construction

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Reviews about Romani LTD

Виктор Петренко

Original language: Russian

I really like the place in which this house is located. Clean air, the sea is nearby, the city is just a stone's throw away. I just decided to buy my first apartment in Georgia, why not here. I looked at many options, but it was this project and the developers who immediately aroused great sympathy. The purchase and registration issues were quickly settled, there were no delays. It remains to do the repair.

Project info

Object ID: 173

Finished at	December 2018
Price, m²	500$ — 600$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	18
Building phase	Facade finished
Condition	Black walls
Construction type	Monolyth
Elevators	2
Security	—
Conveniences	Parking Commercial area Near supermarket
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Return on investment for apartment

with price

8,103$

Rental income

1,103$

Management

689$

Utilities

405$

5% Income tax

5,906$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	32%	10	25$	250$
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		194		8103$
Average		52%		37$

Total invested

15,000$

Net profit

5,906$

Payback period

1.9 years

Avg property value increase per year

Open ROI calculator

About the project

In the resort area of the city of Batumi , apartments of hotel type are sold in a new building that has already been completed. The balcony offers fantastic views of the sea and the pine зrk.

All communications have been brought to the house, and the facade work has been completed. The distance from the sea is 50 meters. There are 14 residential rooms left for sale. The price per square meter is from $ 450, depending on the floor.

In addition, you can buy together and separately the three upper floors-this (15,16,17) and the terrace of the 18th floor for the introduction of the hotel business. There is a special negotiated price for these three floors. There are 14 rooms on each floor, the total area of one floor is 324 square meters, and the terrace area on the 18th floor is 400 square meters. By purchasing this property, you can relax with your family on the beach or run your own hotel business.

Developer

In the resort area of the city of Batumi, apartments of hotel type are sold in a new building that has already been completed. The balcony o…
Details about Romani LTD.