DS Chavchavadze St. in Batumi

Name: DS Chavchavadze St.
Brand: DS GROUP
SKU: 10
Availability: InStock

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Construction

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Project info

Object ID: 10

Finished at	August 2018
Price, m²	From 500$
Buy online	Details
Installment plan	18 months, initial payment 30%
Bank mortgage
Property type	Aparment building
Floors	21
Apartments	387
Distance to sea	800 m.
Condition	Black walls
Construction type	Monolyth
Security	CCTV
Conveniences	Near supermarket Near hospital
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Personal discount certificate 300$
Free consultation	Ask a question
Resale properties in this project	Found 4 object(s)

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

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About the project

Residential apartments from 65 square meters to 287 square meters. The complex has:

1) metal doors of the Chinese company OMEGA

2) elevators of the American company Otis Elevator Company

3) double-glazed windows made of metallo-plastic of the German company EVRO-PEN

4) finished entrance

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