Citron Residence in Batumi

Name: Citron Residence
Brand: Citron Group
SKU: 646
Availability: InStock

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Floor

Type	Square	Price
Studio	27 – 48 m²	Price TBA
3 bedrooms	83 – 124 m²	Price TBA
Studio	27 – 48 m²	Price TBA
3 bedrooms	83 – 124 m²	Price TBA
Studio	27 – 48 m²	Price TBA
3 bedrooms	83 – 124 m²	Price TBA
Studio	27 – 48 m²	Price TBA
3 bedrooms	83 – 124 m²	Price TBA
Studio	27 – 48 m²	Price TBA
3 bedrooms	83 – 124 m²	Price TBA
Studio	27 – 48 m²	Price TBA
3 bedrooms	83 – 124 m²	Price TBA
Studio	27 – 48 m²	Price TBA
3 bedrooms	83 – 124 m²	Price TBA
Studio	27 – 48 m²	Price TBA
3 bedrooms	83 – 124 m²	Price TBA
Studio	27 – 48 m²	Price TBA
3 bedrooms	83 – 124 m²	Price TBA
Studio	27 – 48 m²	Price TBA
3 bedrooms	83 – 124 m²	Price TBA
Studio	27 – 48 m²	Price TBA
3 bedrooms	83 – 124 m²	Price TBA
Studio	27 – 48 m²	Price TBA
3 bedrooms	83 – 124 m²	Price TBA
Studio	27 – 48 m²	Price TBA
3 bedrooms	83 – 124 m²	Price TBA
Studio	27 – 48 m²	Price TBA
3 bedrooms	83 – 124 m²	Price TBA

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Project info

Object ID: 646

Finished at	December 2021
Price, m²	From 700$
Housing class	No
Buy online	Details
Installment plan	interest-free internal installment with period of 24 months
Bank mortgage
Property type	Aparment building
Square	from 27.00 m²
Floors	15
Distance to sea	200 m.
Building phase	Foundation
Condition	Black walls
Ceiling height	3.00 m.
Construction type	Monolyth
Elevators	2
Security	Intercom CCTV Security Reception
Conveniences	Parking Underground parking Spa Fitness Pool Commercial area Kids playground Near school Near supermarket
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Personal discount certificate 300$
Free consultation	Ask a question
Resale properties in this project	Found 2 object(s)

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

19,460$

Net profit

5,906$

Payback period

2.4 years

Avg property value increase per year

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About the project

About the residential complex

"Citron Residence" is a multifunctional residential complex with stylish architecture and attractive investment conditions.

Design feature

The residential complex Citron Residence in Batumi has a height of 15 floors. Thanks to the extensive use of glass in the decoration of facades, the house looks easy, modern, and stylish. The first floor is reserved for commercial and public spaces, while on the second floor a hotel will be placed. Ultra-modern Mitsubishi lifts will be installed in the building, which will help you get to the desired floor quickly and without noise.

On the ground floor, there is a comfortable lobby area for residents and their guests. Also, a concierge is always available to help with various issues. As part of its own infrastructure, there will be a swimming pool, underground and guest parking, and a landscaped courtyard. Most public areas have video surveillance cameras, which increases the security of your stay.

Developer

HGroup construction company has been known in Georgia for more than 14 years. It is actively working in Batumi, offering favorable condition…
Details about Citron Group