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Metro City Legend in Batumi

Name: Metro City Legend
Brand: Metro Atlas Georgia
SKU: 23
Availability: InStock

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Project info

Object ID: 23

Finished at	June 2018
Price, m²	From 1800$
Housing class	Elite
Buy online	Details
Installment plan	24 months - initial payment 30%;
Bank mortgage
Property type	Aparment building
Square	from 76.00 m²
Floors	24
Apartments	280
Distance to sea	240 m.
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Elevators	4
Security	Intercom CCTV Security Reception
Conveniences	Parking Underground parking Spa Fitness Pool Commercial area Kids playground Near school Near kindergarten Near supermarket
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Resale properties in this project	Found 1 object(s)

Return on investment for apartment

with price

10,605$

Rental income

1,103$

Management

689$

Utilities

530$

5% Income tax

8,283$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	50$	250$
February	28	21%	6	50$	300$
March	31	16%	5	55$	275$
April	30	16%	5	60$	300$
May	31	32%	10	60$	600$
June	30	60%	18	70$	1260$
July	31	80%	25	95$	2375$
August	31	80%	25	100$	2500$
September	30	46%	14	75$	1050$
October	31	45%	14	60$	840$
November	30	30%	9	50$	450$
December	31	29%	9	45$	405$
Total	365		145		10605$
Average		39%		64$

Total invested

136,800$

Net profit

8,283$

Payback period

12.9 years

Avg property value increase per year

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About the project

The hotel and residential complex is located near the sea.

It consists of 3 buildings.

It offers apartments and penthouses with private parking, ranging from 54 to 100 square meters.

Status at the moment of sale — black frame: installed entrance iron door, plastic windows and doors with double glazing, main risers electrical and telecommunication, and major sewage, water and natural gas, tiled balcony, entrance landscaped, installation of lifts, completed facade of the house.

The territory of the complex is landscaped: landscaping, swimming pools and children's entertainment area.

Developer

The limited company "Metro Avrasia Georgia" was founded in 2010 in Georgia. "Metro Avrasia Georgia" is a constantly expanding company that u…
Details about Metro Atlas Georgia