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Metro City Residence in Batumi

Name: Sales in Metro City Residence started!
Start: 2021-01-11T07:04:53.128236+00:00
End: 2023-12-31T23:59:59+0000
Location: Metro City Residence

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Project info

Object ID: 10386

Finished at	June 2017
Price, m²	From 3500$
Housing class	No
Buy online	Details
Installment plan	24 months - initial payment 30%;
Bank mortgage
Property type	Aparment building
Square	from 34.00 m²
Floors	18
Apartments	473
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Elevators	8
Security	Intercom CCTV Security Reception
Conveniences	Parking Spa Fitness Pool Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital
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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

119,000$

Net profit

5,883$

Payback period

14.7 years

Avg property value increase per year

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Promos and discounts for Metro City Residence

About the project

The elite multi-storey hotel complex Metro City is located in Batumi, on Lech and Maria Kaczynski Street.

Where is Metro City located?

The complex is located near the sea. The cozy apartments offered in the Metro City complex come with a practical layout and are designed to modern standards. Not far away are the famous singing fountains, as well as numerous facilities such as shops, amusement parks, malls, restaurants, cafes, and pharmacies.

The luxury apartments have plastic window frames and balcony doors with double energy-saving glazing.

The units come with electricity, water, natural gas, telephone, Internet, and cable TV.

There are high-speed low-noise elevators at the entrances of the building.

What are the purchase conditions?

When buying a property in Metro City, an interest-free installment plan for a period of up to three years is provided by the developer, Metro Avrasya Georgia Investment. The downpayment is 10% of the fixed price. When opting for an installment plan with a period of 5 years, the downpayment is 25% of the fixed price.

Interested buyers can choose from various spacious apartments ranging from 54 to 100 square meters.

For more information, visit the official website of the project or the developer.

Developer

The limited company "Metro Avrasia Georgia" was founded in 2010 in Georgia. "Metro Avrasia Georgia" is a constantly expanding company that u…
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