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Rum Residence in Batumi

Name: 📣 300$ — discount certificate
Start: 2018-07-04T07:29:21.262503+00:00
End: 2023-12-31T23:59:59+0000
Location: Rum Residence

Sales from the developer completed

Property for sale here (2)

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Reviews about Rum Residence

Tamuna

Original language: Russian

Not a bad price, especially in comparison with the cost of apartments within the city. The mortgage can actually be paid off in a few years. For life in the suburbs, it is suitable, although it is called a city, but the full feeling of the suburb. It's just incredibly cool that there will be a parking lot. No cars scattered around the yard and lawns, at least the children will be able to walk and play in the yard calmly, and not among the cars!

Project info

Object ID: 94

Finished at	December 2018
Price, m²	From 600$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	14
Distance to sea	40 m.
Building phase	Carcase finished
Condition	Black walls
Construction type	Monolyth
Security	Intercom CCTV Security Reception
Conveniences	Parking Pool Kids playground Near school Near hospital
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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

18,000$

Net profit

5,906$

Payback period

2.2 years

Avg property value increase per year

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About the project

The high-quality construction in compliance with European standards.The construction of the residential complex will be completed in December 2018. The complex consists of 143 apartments, also includes a commercial area, parking, hotel and restaurant with panoramic views. The complex will also house both retail and catering facilities.

THE BENEFITS OF THE PROJECT

The new residential complex is located in the New Boulevard, where entertainment areas for children, amazing sculptures, light and music fountains, night clubs and restaurants, as well as bicycle paths are harmoniously combined.

Developer

The construction company "RUM" LLC was founded in 2016.Our success is due to our team members. Each of its members with their extensive know…
Details about Rum