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Metro City Legend in Batumi

Name: Metro City Legend
Brand: Metro Avrasya Georgia Investment
SKU: 23
Availability: InStock

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Project info

Object ID: 23

Finished at	June 2018
Price, m²	From 1700$
Buy online	Details
Installment plan	36 months - initial payment 10%; 5 years - initial payment 25%
Bank mortrage
Property type	Aparment building
Floors	24
Distance to sea	240 m.
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Underground parking Spa Fitness Pool Kids playground Near supermarket
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Personal discount certificate 300$
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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

51,000$

Net profit

5,906$

Payback period

6.3 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 Avrasya Georgia Investment