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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 2024
Price, m²	850$ — 2000$
Housing class	Elite
Buy online	Details
Installment plan	20% prepayment and interest free phased payment system till construction completion (Dec 2024).
Bank mortgage
Property type	Aparment building
Square	from 37.10 m²
Floors	6
Apartments	110
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

8,078$

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

31,450$

Net profit

5,883$

Payback period

3.9 years

Avg property value increase per year

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Promos and discounts for Thalassa Group

About the project

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

Cozy, comfortable, light apartments with panoramic views of the sea, the botanical garden, and the mountains.

Roof-top restaurant with a beautiful view of Batumi.

The complex will include:

Reception

Underground parking

Outdoor pool

Gym

Restaurant

Children's playground & Green Zone

Video monitoring

Terms of payment:

20% prepayment and interest-free phased payment system till construction completion. Buyers have the option to purchase an apartment with a single payment and get a discount.

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

The construction is fully financed by BasisBank

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