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Grand House Batumi in Batumi

Name: Sales in Grand House Batumi started!
Start: 2020-02-11T11:56:22.737153+00:00
End: 2023-12-31T23:59:59+0000
Location: Grand House Batumi

Sales from the developer completed

Property for sale here (8)

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Floor

Type	Square	Price
2 bedrooms	38 – 39 m²	Price TBA
3 bedrooms	82 – 115 m²	Price TBA
2 bedrooms	38 – 39 m²	Price TBA
3 bedrooms	82 – 128 m²	Price TBA
2 bedrooms	38 – 39 m²	Price TBA
3 bedrooms	61 – 86 m²	Price TBA
2 bedrooms	38 – 53 m²	Price TBA
3 bedrooms	82 – 86 m²	Price TBA
2 bedrooms	38 – 53 m²	Price TBA
3 bedrooms	82 – 86 m²	Price TBA
2 bedrooms	38 – 53 m²	Price TBA
3 bedrooms	82 – 86 m²	Price TBA
2 bedrooms	38 – 53 m²	Price TBA
3 bedrooms	82 – 86 m²	Price TBA
2 bedrooms	39 – 53 m²	Price TBA
3 bedrooms	82 m²	Price TBA
5 bedrooms	125 m²	Price TBA
2 bedrooms	38 – 53 m²	Price TBA
3 bedrooms	82 – 86 m²	Price TBA
2 bedrooms	46 – 52 m²	Price TBA
3 bedrooms	79 – 86 m²	Price TBA
2 bedrooms	65 m²	Price TBA
3 bedrooms	79 – 86 m²	Price TBA
4 bedrooms	90 m²	Price TBA

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Project info

Object ID: 4934

Finished at	December 2020
Price, m²	From 810$
Housing class	No
Buy online	Details
Installment plan	Minimum down payment 30%
Bank mortgage
Property type	Aparment building
Square	from 35.00 m²
Floors	14
Apartments	113
Condition	Black walls
Ceiling height	3.00 m.
Construction type	Monolyth
Elevators	2
Security	CCTV
Conveniences	Parking Underground parking 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 8 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

31,509$

Net profit

5,883$

Payback period

3.9 years

Avg property value increase per year

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About the project

The fourteen-storey multi-apartment residential complex Grand House Batumi, located in the central part of the resort city of Batumi on 120 Tsar Parnavaz Street, offers its newcomers a cozy and relaxed atmosphere combined with developed infrastructure.

The unique residential complex from the developer “Mardi Holding” is located 100 meters from the sea coast, which guarantees future residents of the house and their guests free access to the beaches.

The main feature of the new building location is the picturesque May 6 park, which is literally a five to ten minute walk.

It is worth noting the well-developed local infrastructure, including numerous company shops, bars and cafes, educational and children's preschool institutions, shopping and entertainment centers, financial institutions.

The building of the Grand House Batumi residential complex was built in a modern architectural style.

Features of the multi-family LCD Grand House Batumi:

communications are connected (water, gas, electricity);

installed resource consumption meters;

connected Internet, telephone, cable TV;

the house has two elevators;

the building has a completed facade;

underground parking provided;

mounted windows and balcony doors with energy-saving double glazing;

a reliable front door is installed;

on the first level of the house premises for commercial facilities are planned.

The minimum area of residential real estate in a new building is 25 square meters. m

Developer

Mardi House is a subsidiary of Mardi Holding LLC, which has been working in various areas (tobacco production, international air transportat…
Details about MARDI HOLDING