DAR Tower A1 in Batumi

Name: DAR Tower A1
Brand: DAR BUILDING
SKU: 4
Availability: InStock
Rating: 2.00 (1 reviews)

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Reviews about DAR Tower A1

Andrei

Original language: Russian

Attention!!! Scammers !!! Developer Dar Building. I am writing this for those who sincerely do not want to face fraud and who are going to buy real estate for themselves. He returned the money only after filing a lawsuit.

Project info

Object ID: 4

Finished at	August 2019
Price, m²	From 700$
Buy online	Details
Installment plan	0%, initial payment 30%
Bank mortrage
Property type	Apart-hotel
Floors	32
Apartments	700
Distance to sea	390 m.
Condition	Black walls
Construction type	Monolyth
Elevators	3
Security	Intercom CCTV Security Reception
Conveniences	Parking Underground parking Spa Fitness 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

8,103$

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

21,000$

Net profit

5,906$

Payback period

2.6 years

Avg property value increase per year

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About the project

Dar Tower is one of the largest and most special architectural projects of DAR BUILDING. This is a unique multifunctional complex.

Located at the intersection of Abuseridze and Pirosmani streets, the convenient location makes it possible to quickly get to any corner of the city.

Parameters of the complex

The residential complex "Dar tower A1" includes two multi-apartment buildings, Dar Tower A1 includes 35 floors.

In the residential complex, the developer has created comfortable living conditions for each resident, the houses have high seismic resistance and energy efficiency. Comfortable, spacious elevators are installed in the entrances, and the buildings are equipped with modern technological devices.

Developer

Georgian developer-building company “DAR BUILDING” has appeared in a Building and Construction market since 2013 and soon has established it…
Details about DAR BUILDING