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Elite House in Batumi

Name: Sales in Elite House started!
Start: 2020-06-20T10:13:22.052446+00:00
End: 2023-12-31T23:59:59+0000
Location: Elite House

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Reviews about Elite House

Владимир

Original language: Russian

This house is not even at the excavation stage ... That is, it is not known whether it will be built at all.

Oleg Aleksandrov

Original language: Russian

Makhinjauri is a suburb of Batumi, it is valued for its good ecology, there is a mixed sea and mountain air. A quiet green area, a small 11-storey building, for my husband and me - an ideal place to live, we really dream of buying an apartment in this complex. If desired. You can get to Batumi in just 15-20 minutes by minibus or bus. Those who have their own car will have free parking in the yard.

Project info

Object ID: 7805

Finished at	—
Price, m²	330$ — 450$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 49.60 m²
Floors	11
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

16,170$

Net profit

6,783$

Payback period

1.8 years

Avg property value increase per year

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Promos and discounts for Elite House

About the project

Elite House offers real estate that is quite investment-friendly, comfortable for both accommodation and leisure.

location:

Construction is underway in the resort village of Makhinjauri, about 6 kilometers from the center of Batumi. The location has a unique microclimate in the form of a healing cocktail of mountain and sea air.

What's around:

Makhinjauri area is a relatively small settlement and the infrastructure presented here is mainly due to comfortable recreation. There are many cafes and restaurants, supermarkets, pharmacies, several bank branches. Only 2 km from the new building is a large green area of the Botanical Garden, which is one of the most popular places on the outskirts of Batumi.

Transport:

Routes 10 and 10a are running here, minibuses that will help you to get to most of the Batumi coastline, 11 km from the residential building, Batumi International Airport.

Project features:

Elite House in Makhinjauri is an 11-storey building with a green yard of 2000 sq.m., parking in the yard - 19 cars for 2 disabled people - for general use, -3.7 for 7 cars. .

Apartments:

The area offered for sale starts from 49.6 sq.m. Normally, spaces are sold without repair, but at the request of the owners, it is possible to have full coverage by the developer. Parties are available with organized kitchen living room and also 1-2 separate bedrooms and spacious living room-kitchen. All plans include a balcony, which is quite spacious in the case of some apartments.