Citron Orange Batumi in Batumi

Name: Sales in Citron Orange Batumi started!
Start: 2022-07-15T07:58:27.827549+00:00
End: 2023-12-31T23:59:59+0000
Location: Citron Orange Batumi

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Project info

Object ID: 20725

Finished at	September 2023
Price, m²	From 950$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 40.00 m²
Floors	5
Condition	Turnkey
Construction type	Monolyth
Security	Reception
Conveniences	Parking Pool Commercial area Kids playground Near supermarket
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Personal discount certificate 300$
Free consultation	Ask a question
Resale properties in this project	Found 1 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

38,000$

Net profit

5,883$

Payback period

4.7 years

Avg property value increase per year

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About the project

𝗖𝗜𝗧𝗥𝗢𝗡 𝗢𝗥𝗔𝗡𝗚𝗘 - a new elite residential complex from CITRON GROUP, located near the Batumi beach, 400 meters from the sea.

Buy an apartment in our complex and get 7% rental income of the apartment value every year.

Infrastructure: swimming pool, recreation area, parking, reception, terrace.

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