Oval in Batumi

Name: Sales in Oval started!
Start: 2023-08-10T08:18:11.249795+00:00
End: 2023-12-31T23:59:59+0000
Location: Oval

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Project info

Object ID: 25305

Finished at	August 2027
Price, m²	From 1600$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 32.60 m²
Floors	34
Apartments	523
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Fitness Pool Near school Near kindergarten Near supermarket Near hospital
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Return on investment for apartment

with price

8,078$

Rental income

1,103$

Management

689$

Utilities

403$

5% Income tax

5,883$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	25$	225$
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		193		8078$
Average		52%		37$

Total invested

51,200$

Net profit

5,883$

Payback period

6.3 years

Avg property value increase per year

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Promos and discounts for Oval

About the project

INFRASTRUCTURE

Dreams of an apartment with sea and mountain views comes true! Together with 5* international brand, we offer First-class service and all the necessary infrastructure for work and leisure. All the components for a first-class life are already here. Your lifestyle awaits!

DESIGN & ARCHITECTURE

To create a residential complex worthy of our clients, we invited one of the most experienced architectural companies in the country. The architectural concept of OVAL implies a combination of the features of a modern urban space and a humane approach to creating housing that is proportionate to a person. Oval is the perfect backdrop to lead a contented, modern, and fulfilling life in a fast-paced world where each new day brings new adventures. OVAL has perfectly designed the facades and structure of the complex into its surroundings. Panoramic glazing will allow you to admire the views of the Sea and give character and charm to the living space.

The PREMIUM GROUP company carries out the construction of the CUBE project.

Premium Group is a construction development company that, in the project, is chiefly engaged in civil and industrial construction, covering the full range and all phases of construction.

Taking care of quality is the number one aim of the company. This is why it works by European standards and uses only ecologically clean, energy-efficient, high-quality construction materials.

EXACTLY WHERE YOU ARE SUPPOSED TO BE

Every day of life in our complex is new emotions, new impressions and a new level of your life. Located in the heart of the city in the most prestigious neighborhood, “Alley of Heroes” footsteps from Sea, Stadium, Black sea mall and dancing fountains. This is your coastal luxury haven, where you can spend extended vacations enjoying the stunning combination of warm weather, world-class infrastructure, modern architecture, beach and make long time investments with the highest ROI in the city.

Developer

About Company Metropol is a real estate development company based in Georgia, founded in 2022, with a mission to provide bold and solid rea…
Details about Metropol