Next Orange in Batumi in Batumi

Name: Next Orange in Batumi
Brand: Next
SKU: 11
Availability: InStock

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Property for sale in Next Orange in Batumi — look at the real estate search engine GEOLN.COM. Photo 1

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Project info

Object ID: 11

Finished at	June 2018
Price, m²	From 750$
Buy online	Details
Installment plan	installment with a period of 2 months
Bank mortrage
Property type	Aparment building
Floors	20
Distance to sea	1250 m.
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Elevators	2
Security	Intercom CCTV Security Reception
Conveniences	Parking Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
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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

22,500$

Net profit

5,906$

Payback period

2.8 years

Avg property value increase per year

Open ROI calculator

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About the project

The residential complex in Georgia, in Batumi with mountain views. On the first floor of the house there are commercial areas (offices, shops, a pharmacy) on the other floors there are studio apartments and two-room apartments.

All apartments have panoramic windows, which will provide a lot of light in the apartments and allow many of them to enjoy panoramic views of the city, mountains and sea. The balcony is tiled and has space for air conditioning.

Elevators in the house with batteries (in the rare case of a blackout in a storm, thunderstorm)

The house will have its own care service for the house and common areas, as well as a reception on the first floor of the house. The house will host high-speed Internet, ip-TV. Communications (electricity, water, sewerage, ventilation) are provided in the apartment. Gas will be supplied at will.

In the yard most of the area is given over to a children's playground. Parking on the street. There will be round-the-clock video surveillance of the yard and entrance.

Developer

The Belarusian-Georgian company GOOL Ltd, Batumi (TM NEXT) is a subsidiary of the Horizons Group. GOOL ltd, 445473149 Legal address: ул. Ina…
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