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Townhouses Polo Villas Parklane in Batumi

Name: Sales in Townhouses Polo Villas Parklane started!
Start: 2018-06-11T12:07:24.159214+00:00
End: 2023-12-31T23:59:59+0000
Location: Townhouses Polo Villas Parklane

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Project info

Object ID: 45

Finished at	October 2019
Price, m²	660$ — 680$
Buy online	Details
Installment plan	18 months with a down payment of 30%. Possible lending up to 3 years with a down payment of 40%, the rate will be 11% per annum.
Bank mortgage
Property type	Townhouse
Square	from 111.00 m²
Floors	3
Apartments	50
Distance to sea	1200 m.
Building phase	30% finished
Condition	Black walls
Ceiling height	2.95 m.
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Spa Fitness Pool Commercial area Kids playground Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

73,260$

Net profit

9,376$

Payback period

6.2 years

Avg property value increase per year

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About the project

Polo Villas Parklane is a second townhouse project from the Belarusian-Georgian company Polo Construction, a leading developer of low-rise construction in Batumi.

The area of townhouses is located only in 10 minutes from the sea and 3 minutes from the city noise.

50 villas of modern European design in high-tech style, with panoramic windows and a spacious terrace fit perfectly into the landscape among the tangerine gardens surrounded by mountains.

In addition to residential townhouses in a fensed area, Polo Villas Parklane offers all necessary infrastructure for living and recreation all year round: a jogging track, guest bicycles, a private heated pool, deck chairs and a relaxation area, an equipped playground, a sauna, a yoga room.

For business people and business guests there are all the conditions to immerse yourself in work, conduct a training, a thematic event or a business meeting. Take advantage of the co-working space or conference room.

For the owners of townhouses and their guests special privileges are provided: transfer to / from the airport at any time of the day; shuttle to the sea and to the hypermarket at any time of the day, guest bikes. In 2-4 minutes from the complex there are a casino, an aquapark, a hypermarket, "new boulevard" park, a cycle path, many restaurants, a cinema and much more.

The end of construction is October 2019.

The complex will have a shop, a café, a pizzeria and a wine cellar, car rental, a tourist center, and a reception desk for receiving guests.

The complex will have its own cleaning service, maintenance, video surveillance and security.

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Developer

A unique project for Batumi from an international company is the residential prestigious complex of townhouses Polo Villas. A team of specia…
Details about Polo Construction