House on Leonidze 13 in Batumi

Name: Sales in House on Leonidze 13 started!
Start: 2021-05-19T12:21:25.845295+00:00
End: 2023-12-31T23:59:59+0000
Location: House on Leonidze 13

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Project info

Object ID: 12243

Finished at	June 2021
Price, m²	From 370$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 36.20 m²
Floors	9
Apartments	73
Condition	Without finishing
Ceiling height	3.00 m.
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking 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

8,078$

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

13,320$

Net profit

5,883$

Payback period

1.6 years

Avg property value increase per year

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Promos and discounts for House on Leonidze 13

About the project

The residential complex on 13 Leonidze Street in Batumi is a stylish new building with white and chocolate-colored facades, with standard apartments and spacious rooftop terraces.

What is the location of the complex?

The new building is located a bit away from the resort areas of Batumi at about 2.2 km from the coast. The location is a big advantage for those looking for a place for permanent residence.

What's around?

The available amenities and facilities are not focused on tourists, but on local residents. Nearby are school number 9 and a kindergarten. There are several shops, supermarkets, and a Hopa market. Furthermore, there are pharmacies, ATMs, gas stations, and everything else for everyday life.

How to get around?

The nearest bus stop is a short walk on David Agmashenebeli street. With bus route number 7 you can get to most of the city center. The distance from the new building to the airport is about 2 km.

Project Features

The residential complex on 13 Leonidze Street in Batumi is a relatively small building, which is designed to differ to some extent from the ultra-modern new buildings, which are now appearing in large numbers on the coast. This house offers more comfort, and its appearance has a calm and pacifying character.

What is inside?

The ground floor is non-residential and is reserved for internal amenities that will be available for residents and guests. All communications in the house are central and the units are connected to the gas system. Nearby is a small but cozy courtyard with parking and recreation zones with BBQ areas.