Ande Group in Batumi

Name: Ande Group
Brand: Ande Group
SKU: 2798
Availability: InStock

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Project info

Object ID: 2798

Finished at	December 2020
Price, m²	From 420$
Buy online	Details
Installment plan	30% initial payment, 30 months length internal installment
Bank mortgage
Property type	Aparment building
Square	from 26.60 m²
Floors	18
Distance to sea	120 m.
Condition	Black walls
Ceiling height	3.00 m.
Construction type	Monolyth
Elevators	2
Security	—
Conveniences
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Personal discount certificate 300$
Free consultation	Ask a question

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

10,920$

Net profit

5,906$

Payback period

1.3 years

Avg property value increase per year

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About the project

About the residential complex

Ande Tower residential complex is a great opportunity to purchase real estate as a profitable investment with a short payback period.

Location

Construction is underway within a three-minute walk from the Black Sea coast and the New Batumi Boulevard. Although the new building is not on the first line from the sea, the view from the windows of its apartments will still be excellent. Someone will be lucky to buy a house with a panorama of the coast, and someone will be able to admire the majestic mountains every day.

Design feature

Ande Tower residential complex in Batumi is an 18-storey building built using monolithic frame technology. The architecture is restrained and modern, with a stylishly chosen combination of colors in the decoration of the facades.

The complex has a spacious underground parking, a fitness club, a Spa center, and an outdoor pool. There will also be a hotel complex and commercial areas. Upon entering the building, guests and residents enter a spacious, elegantly decorated lobby. For comfort and security, there are concierge services, video surveillance and security.

Developer

The construction company Ande Group has more than 10 years of experience, is engaged in the construction of objects of any complexity. On th…
Details about Ande Group