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Orbi Sea Towers in Batumi

Name: Sales in Orbi Sea Towers started!
Start: 2020-06-19T12:02:45.998847+00:00
End: 2023-12-31T23:59:59+0000
Location: Orbi Sea Towers

Sales from the developer completed

Property for sale here (35)

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Reviews about Orbi Sea Towers

Boris Egorov

Original language: Russian

cult place in Batumi - Orbi houses)) a beautiful complex of three round towers, I have studios in all three buildings. I can say that this is an ideal option for renting, there are practically no free "windows" during the season. In the off-season, it is more difficult to pass, but if you set an inexpensive price, then you can take it all year round. And daily rent is also very profitable. The apartments have everything you need, but of course the most important thing is the proximity to the sea and a gorgeous view from the window. Even with its disadvantages, few houses in Batumi enjoy such stable popularity among tourists.

Project info

Object ID: 7803

Finished at	September 2015
Price, m²	From 1500$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 100.00 m²
Floors	34
Distance to sea	50 m.
Building phase	Completed
Condition	Black walls
Ceiling height	2.80 m.
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Spa Fitness Pool Commercial area Near school Near kindergarten Near supermarket
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Personal discount certificate 300$
Free consultation	Ask a question
Resale properties in this project	Found 35 object(s)

Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

150,000$

Net profit

9,376$

Payback period

12.8 years

Avg property value increase per year

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Promos and discounts for Orbi Sea Towers

About the project

LCD "Sea Towers" in Batumi is located on Sheriff Khimshiashvili street near the sea.

Transport

The work of public transport in the neighborhood is well established and provides free access to most areas of the city. The seaport is located at a distance of three kilometers. About the same to Batumi airport.

Microdistrict infrastructure

Near the new building are the famous "Dancing Fountains" of Lake Ardagan. In the immediate vicinity there is a school, cafe, supermarket and grocery store. At a distance of a kilometer there is a grocery hypermarket, a shopping center, a fast food restaurant and a cafe.

Features of the new building

The residential complex “Sea Towers” from the developer “Orbi Group” is a comfortable apart-hotel with apartments, from whose windows a beautiful view of the sea or the mountains is provided. The new building consists of three multi-storey buildings - one thirty-four-story, located in the center, and two twenty-five-story.

LCD "Sea Towers" has been operating since 2015. The buildings were built using the most advanced technologies, providing maximum comfort. The new building has high-quality silent high-speed elevators and other advanced technological equipment.

Developer

ORBI Group is the largest construction and development holding in Georgia, which was the first in the region to build multi-storey hotel com…
Details about ORBI GROUP