Arcon Batumi Residence in Batumi

Name: Sales in Arcon Batumi Residence started!
Start: 2022-04-29T07:46:54.050190+00:00
End: 2023-12-31T23:59:59+0000
Location: Arcon Batumi Residence

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Project info

Object ID: 20190

Finished at	December 2024
Price, m²	From 780$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 24.20 m²
Floors	25
Apartments	323
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
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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

18,720$

Net profit

5,906$

Payback period

2.3 years

Avg property value increase per year

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About the project

"Arcon Batumi Residence" is a 25-storey multifunctional complex located in 500 meters from the sea, in front of the Batumi International Stadium, in the prestigious district of the city. The shopping center located on the 1st-3rd floors of the multifunctional complex, hotel rooms - on the 4th-5th floors and premium-class apartments - on the 6th-25th floors are designed to ensure all the needs for the comfortable life of the residents. They will enjoy with the panoramic views of the city and the sea from their apartment"s windows. The complex includes modern infrastructure and all the necessary conditions for a comfortable life.

"Arcon Batumi Residence" was designed as a premium complex for living, traveling and comfortable leisure, as well as for smart and safe investments in order to earn passive income from renting.

Developer

Construction company "Arcon" was established in 2010. Its field of activity is the construction of monolithic ferroconcrete carcasses. Since…
Details about Arcon