Homeside Batumi in Batumi

Name: Sales in Homeside Batumi started!
Start: 2019-10-23T10:20:35.711687+00:00
End: 2023-12-31T23:59:59+0000
Location: Homeside Batumi

Sales from the developer completed

Property for sale here (5)

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Construction

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Project info

Object ID: 707

Finished at	June 2021
Price, m²	From 570$
Housing class	No
Buy online	Details
Installment plan	interest-free installment with period of 3 years, without down payment
Bank mortgage
Property type	Aparment building
Square	from 40.00 m²
Floors	17
Apartments	196
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking 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 5 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

22,800$

Net profit

5,883$

Payback period

2.8 years

Avg property value increase per year

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About the project

Residential Complex Homeside Terrassa is a comfortable real estate to live in and a lucrative investment.

Location

The new building will appear in Batumi at the intersection of Heydar Abashidze and Tchaikovsky streets. This area of the city is located 1.5 kilometers from the coast, also in the immediate vicinity of the central part of Batumi. The distance from the new building to the mayor is about 1 km. One of the features of the location is that the sea is equally distant from the complex, both north and east.

What's around

Because the house will not be built directly off the coast but just a short distance away, the infrastructure next door is focused not only on tourists but also on those who reside permanently at the resort. There are also several schools № 3, 7, XXI century, Georgian-American school, medical center, a little further away Republican Hospital. Trading infrastructure - clothing market, supermarkets Yalchin express, Nikora. Also nearby are the Batumi Archaeological Museum, several bank branches, a great selection of restaurants. About 1 kilometer from the beach is the May 6 Park, next to the zoo, summer cinema and dolphinarium.

Transport

Adjacent public transport passes along neighboring Milikishvili Street, where bus No. 15 also crosses Chavchavadze Street, approximately 500 meters, to Route No. 16. Distance from New Building to Old Batumi Bus Station and Seaport is approximately 1.5 km to Railway Station - 4.5 km, to the airport - 4 km.

Project Features

Residential in the Homeside Terrassa-Sabatumi is a modern 17-storey building with 133 apartments to offer to customers. The architectural appearance of the house is standard, slightly restrained, with a large amount of shade.

The building will be equipped with underground parking. Modern European production elevators will be installed in the entrances, and a fire safety system will be installed. The house is designed to be accessible to a limited and small mobile population.

Apartments

The apartments offered to customers have convenient European planning, which includes a spacious living room with a kitchen, as well as one or two bedrooms. Living space from 40.5 to 113.5 sq. M. On the third and last floor there are apartments with spacious terraces.