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Thalassa Group in Batumi

Name: Thalassa Group
Brand: Thalassa Group
SKU: 14297
Availability: InStock

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Project info

Object ID: 14297

Finished at	December 2022
Price, m²	850$ — 2000$
Housing class	Elite
Buy online	Details
Installment plan	30% prepayment and interest free phased payment system till construction completion (Dec 2022).
Bank mortgage
Property type	Aparment building
Floors	6
Apartments	102
Distance to sea	800 m.
Building phase	Foundation
Condition	Without finishing
Ceiling height	3.00 m.
Construction type	Monolyth
Elevators	2
Security	Intercom CCTV Security Reception
Conveniences	Parking Underground parking Fitness Pool Commercial area Kids playground
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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

30,000$

Net profit

5,906$

Payback period

3.7 years

Avg property value increase per year

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About the project

Construction-development Company "Thalassa Group" is building a premium class residential complex on the picturesque slope of Green Cape - one of the most unique, environmentally friendly, comfortable and touristy place of Batumi, near the Botanical Garden, 800 meters from the sea.

Cozy, comfortable and light apartments with panoramic view to the sea, the botanical garden and the mountains.

The complex is built with energy efficient materials.

Roof top restaurant with the beautiful view to Batumi.

The complex will include:

Reception

Lobby

Underground parking

Indoor pool

Gym

Restaurant

Conference room

Children's playground

Green Zone - 1500m2

Security and video monitoring

Cleaning service

Terms of payment:

30% prepayment and interest free phased payment system till construction completion.

Buyers have the option to purchase an apartment by a singe payment and get a discount.

The apartments are furnished with "White Frame' conditions. Apartment will be fully renovated if desired.

Download presentation of the project

Developer

Construction-development Company "Thalassa Group" is building a premium class residential complex on the picturesque slope of Green Cape - o…
Details about Thalassa Group