GEOLN.COM 🏠 Real estate in Georgia New builds in Georgia New builds in Batumi Gonio, highway of St. Andrew the First-Called, 4

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Gonio, highway of St. Andrew the First-Called, 4 in Batumi

Name: 📣 300$ — discount certificate
Start: 2020-03-16T13:41:52.720614+00:00
End: 2023-12-31T23:59:59+0000
Location: Gonio, highway of St. Andrew the First-Called, 4

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Project info

Object ID: 5867

Finished at	June 2019
Price, m²	From 1880$
Buy online	Details
Installment plan	20% down payment, interest-free installment with a period of 20 months
Bank mortgage
Property type	Aparment building
Floors	9
Apartments	55
Building phase	Completed
Condition	Without finishing
Ceiling height	2.90 m.
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking 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 1 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

56,400$

Net profit

5,906$

Payback period

7.0 years

Avg property value increase per year

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Promos and discounts for Gonio, highway of St. Andrew the First-Called, 4

About the project

RC on the street St. Andrew the First-Called, 4 in Gonio - a unique modern home from the Xmshen Development construction company.

Location and infrastructure

The new building is located in a clean recreation area, two minutes walk from the seashore and at the same time in the center of the village.

The complex is conveniently located relative to the airport - the distance does not exceed seven kilometers. Nearby is the E-70 highway - you can drive to the center of Batumi in twenty minutes.

Local infrastructure is under development, around the new building there is: a gas station, several shops, including grocery stores, small cafes. On the coast there are hotels with their own infrastructure. Architecture features

Residential complex on the street St. Andrew the First-Called, 4 is built from environmentally friendly high-quality materials. The developer takes into account the peculiarities of the local climate, the nine-story building has a monolithic frame, as well as external walls with high energy efficiency.

Panoramic windows provide excellent illumination of the premises. The house is equipped with a passenger silent elevator.

On the territory of the new building

The project for the construction of a residential complex provides for the creation of a comfortable living environment. Here will be:

guest parking;

underground parking;

recreation area on the operated roof;

places for rest near the building;

driveways and footpaths.