Prime Residence in Batumi

Name: Prime Residence
Brand: Like House
SKU: 23633
Availability: InStock

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Project info

Object ID: 23633

Finished at	December 2024
Price, m²	From 922$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 28.18 m²
Floors	19
Apartments	300
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Underground parking Fitness 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 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

25,816$

Net profit

5,906$

Payback period

3.2 years

Avg property value increase per year

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About the project

We created the concept of the complex based on the requirements of modernity - a combination of urban, business and IT environments and the availability of public spaces to strengthen good neighborly relations and create an intra-house community.

Prime Residence is a house with a clear infrastructure to make your life here comfortable, and a co-working area that will be an alternative to traveling to the office. We take into account the wishes of our residents who are looking for a comfortable place to relax and work without leaving home. This is the first club-type house for business and IT class.You will feel safe: the territory of the house is under video surveillance, the concierge will not allow strangers into the yard, and the video intercom – to the house.The convenient location of the house immerses you in a unique natural landscape, providing an opportunity for relaxation and inspiration for work.

Developer

LIKE HOUSELIKE HOUSE development holding has been operating in the construction market of Georgia since 2001. The main specialization of the…
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