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Palm Residence in Batumi

Name: Palm Residence
Brand: Palm Residence
SKU: 8009
Availability: InStock
Rating: 4.50 (2 reviews)

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Floor

Type	Square	Price
1 room	30 – 80 m²	from 900$
2 bedrooms	45 – 50 m²	from 1290$
1 room	34 – 41 m²	from 1120$
2 bedrooms	46 – 54 m²	from 1120$
3 bedrooms	103 – 124 m²	from 850$
1 room	34 – 43 m²	from 840$
2 bedrooms	46 – 56 m²	from 1090$
3 bedrooms	102 m²	from 840$
1 room	34 – 43 m²	from 820$
2 bedrooms	46 – 56 m²	from 1060$
3 bedrooms	102 m²	from 820$
1 room	34 – 43 m²	from 800$
2 bedrooms	46 – 56 m²	from 1030$
3 bedrooms	102 m²	from 800$
1 room	34 – 43 m²	from 780$
2 bedrooms	46 – 56 m²	from 1000$
3 bedrooms	102 m²	from 690$
1 room	34 – 43 m²	from 750$
2 bedrooms	46 – 56 m²	from 970$
3 bedrooms	102 m²	from 750$
1 room	34 – 43 m²	from 730$
2 bedrooms	46 – 56 m²	from 940$
3 bedrooms	102 m²	from 730$
1 room	34 – 43 m²	from 710$
2 bedrooms	46 – 56 m²	from 910$
3 bedrooms	102 m²	from 710$
1 room	34 – 43 m²	from 690$
2 bedrooms	46 – 56 m²	from 850$
3 bedrooms	102 m²	from 690$
1 room	30 – 43 m²	from 670$
2 bedrooms	46 – 56 m²	from 670$
—	34 m²	from 770$
1 room	30 – 43 m²	from 650$
2 bedrooms	46 – 56 m²	from 650$
—	34 m²	from 650$
1 room	30 – 43 m²	from 630$
2 bedrooms	46 – 56 m²	from 630$
—	34 m²	from 630$
1 room	30 – 43 m²	from 610$
2 bedrooms	46 – 56 m²	from 610$
—	34 m²	from 610$
1 room	30 – 43 m²	from 590$
2 bedrooms	46 – 56 m²	from 590$
—	34 m²	from 590$
1 room	30 – 43 m²	from 570$
2 bedrooms	46 – 56 m²	from 570$
—	34 m²	from 570$
1 room	34 – 41 m²	from 550$
2 bedrooms	46 – 81 m²	from 550$
3 bedrooms	94 m²	from 550$
—	30 – 75 m²	from 550$
—	500 m²	Price TBA

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Reviews about Palm Residence

Rodion Borisov

Original language: Russian

The best investment in terms of real estate investment, the house is located almost on the beach, that is, this location will be super-demanded by tourists. With a full calculation, the developer gives a good discount, we plan to buy up to 10 apartments here (for subsequent delivery), so we collect the entire amount at once to get a good bonus. I recommend everyone to pay attention to this new complex. I have been to Batumi many places - this house is very promising.

Vitaliy

Original language: Russian

The best location is a direct sea view. The project integrates the infrastructure of the already operating Palm Beach hotel, so you can be sure that there will be a wonderful view of the sea and mountains and all the amenities for life. It is worth considering a project for purchase.

Project info

Object ID: 8009

Finished at	December 2023
Price, m²	From 1000$
Housing class	Business
Buy online	Details
Installment plan	30% down payment, interest-free installment until December 2023
Bank mortgage
Property type	Aparment building
Square	from 30.14 m²
Floors	18
Apartments	180
Distance to sea	50 m.
Condition	Black walls
Ceiling height	3.00 m.
Construction type	Monolyth
Elevators	2
Security	Intercom CCTV Security Reception
Conveniences	Parking Underground parking Spa Fitness Pool Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
Free consultation	Ask a question
Resale properties in this project	Found 2 object(s)

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$