Sun Residence in Batumi

Name: Sun Residence
Brand: BATUMI DEVELOPMENT
SKU: 2553
Availability: InStock

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Project info

Object ID: 2553

Finished at	December 2021
Price, m²	From 550$
Buy online	Details
Installment plan	30% initial payment, 45 months length installments
Bank mortgage
Property type	Aparment building
Square	from 35.00 m²
Floors	29
Apartments	264
Condition	Black walls
Ceiling height	3.00 m.
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket
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Personal discount certificate 300$
Free consultation	Ask a question
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

19,250$

Net profit

5,883$

Payback period

2.4 years

Avg property value increase per year

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About the project

The Sun Residence residential complex is 29 floors of impeccable quality and style that will appear in one of the most promising areas of Batumi.

Location

Construction is underway 400 meters from the coast in II Tupik, Angis Street. This part of Batumi is being actively built up recently and promises to become one of the most prestigious quarters of the resort.

Design feature

Sun Residence residential complex in Batumi is a unique project that fully meets the needs of the rapidly growing real estate market of the resort. Here you can find both a residential area with apartments and an apartment hotel, as well as the necessary infrastructure for recreation and comfortable life. For the convenience of residents, the house will have an underground Parking lot, as well as a cafe and restaurant.

The architectural appearance of the building is a bit restrained, but this makes it even more attractive. A lot of glass is used in the facades, and the smooth white lines of the loggias add to their sophistication.

Apartments

Buyers are offered both relatively small studios with an area of 35-36 m2, and full-fledged apartments that have a large kitchen-living room and one or two separate bedrooms. The maximum area offered for sale is 97 m2. All apartments have comfortable loggias, and in some cases they are so spacious that they can become an additional place to relax.

Finishing of premises at the time of delivery of the house-black frame. The cost per square meter of housing depends on the floor location of the apartment. You can check it at the developer's sales office.

Developer

Construction company Batumi Development is relatively new in the primary housing market. It was founded in 2018, and Sun Residence was its f…
Details about BATUMI DEVELOPMENT