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Batumi Garden Inn in Batumi

Name: Sales in Batumi Garden Inn started!
Start: 2021-09-29T13:46:14.564107+00:00
End: 2023-12-31T23:59:59+0000
Location: Batumi Garden Inn

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Project info

Object ID: 14718

Finished at	October 2022
Price, m²	From 870$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Townhouse
Square	from 196.00 m²
Floors	4
Apartments	14
Distance to sea	500 m.
Building phase	30% finished
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking Fitness Pool Kids playground Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

170,520$

Net profit

9,376$

Payback period

14.5 years

Avg property value increase per year

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About the project

Location

The cleanest coastline along the entire Black Sea coast is 800 m

The ancient historical fortress of Gonio-Apsaros is 300 meters away.

Restaurant, cafe, supermarket 100 m

Eucalyptus trees around the houses, ecologically clean environment.

Beautiful mountain views and green environment.

Infrastructure

Modern houses with full 4 * infrastructure.

Outdoor swimming pool.

Spa space.

Rest area.

Playground.

Exercise angle.

Barbecue area.

Summer Cinema.

Services

24 hour reception.

Security and video surveillance.

Sorting service.

Infrastructure maintenance.

Technical staff.

Quality and guarantee

European quality of construction.

50 year warranty on construction.

Facade: with ceramic ventilated tiles (warranty 20 years)

German leading brand Rehaus windows (20 year warranty)

Solid railings, 10 mm transparent

Developer

Batumi Investment Ltd on the construction market since 2011. Has built a building area of more than 500,000 sq.m. Has completed the interi…
Details about Batumi Investment