The residential complex Aisi in Batumi

Name: The residential complex Aisi
Brand: Arfi Group
SKU: 41
Availability: InStock

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Project info

Object ID: 41

Finished at	December 2017
Price, m²	From 930$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 59.50 m²
Floors	26
Distance to sea	150 m.
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	Intercom CCTV Security
Conveniences	Parking Underground parking Commercial area 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 4 object(s)

Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

54,870$

Net profit

7,229$

Payback period

5.8 years

Avg property value increase per year

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About the project

The residential complex AISI is located in the new part of Batumi, near the New Boulevard, 150 meters from the sea.

The complex consists of 2 blocks A and B. The construction of the block A will be completed in the summer (July-August) of 2017, and the block B - in December 2017. The number of floors of buildings: the block A -24 floors, the block B - 26 floors.

Commercial areas are located on the first floor of the buildings, and residential apartments are located on the second floor.

Infrastructure and services in the complex: a swimming pool, a market, concierge service, security, cleaning of entrances, garbage removal, etc., apartment management, video surveillance in entrances, etc.

The area of apartments from 32 sq m to 74.7 sq. m.

Developer

The construction and development company Arfi Group was founded in 2014. Activity of the company is as follows: search and acquisition of in…
Details about Arfi Group