BelleVue Residence Batumi in Batumi

Name: BelleVue Residence Batumi
Brand: Tourinvest
SKU: 638
Availability: InStock

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Project info

Object ID: 638

Finished at	December 2016
Price, m²	From 3300$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 29.50 m²
Floors	20
Apartments	114
Distance to sea	50 m.
Building phase	Completed
Condition	Black walls
Ceiling height	3.00 m.
Construction type	Monolyth
Elevators	3
Security	CCTV Security Reception
Conveniences	Parking Underground parking Spa Fitness Commercial area Kids playground
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Personal discount certificate 300$
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Return on investment for apartment

with price

10,110$

Rental income

1,103$

Management

689$

Utilities

505$

5% Income tax

7,813$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	22%	7	40$	280$
February	28	28%	8	40$	320$
March	31	16%	5	42$	210$
April	30	16%	5	50$	250$
May	31	38%	12	50$	600$
June	30	66%	20	55$	1100$
July	31	80%	25	90$	2250$
August	31	80%	25	90$	2250$
September	30	53%	16	75$	1200$
October	31	51%	16	50$	800$
November	30	33%	10	40$	400$
December	31	32%	10	45$	450$
Total	365		159		10110$
Average		42%		55$

Total invested

306,900$

Net profit

7,813$

Payback period

30.4 years

Avg property value increase per year

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About the project

BelleVue Residence Batumi is a luxury residential complex in Batumi with exclusive access to five star, Hilton hotel amenities and facilities. The complex has been built in full compliance with international and Hilton standards with the involvement of British, Swedish, and German professionals. Featuring one of a kind designs and architecture, the building has already become a landmark in the city. The complex has only 20 storeys, creating a cozy and comfortable atmosphere. The construction process is already completed, allowing you to enjoy your new apartment immediately after purchase.

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Developer

Since 2008, TURINVEST has been one of the largest investors in Batumi and throughout Georgia, employing about 600 people.During its existenc…
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