Sea Zone in Batumi

Name: Sea Zone
Brand: Sea Zone
SKU: 23632
Availability: InStock

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Project info

Object ID: 23632

Finished at	June 2024
Price, m²	From 690$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 34.98 m²
Floors	10
Apartments	54
Condition	Fresh renovation
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
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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

23,460$

Net profit

5,883$

Payback period

2.9 years

Avg property value increase per year

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About the project

The construction of the "Si Zone" residential complex is underway in the most ecologically clean area of Batumi, in the territory of the Makhinjauri resort, near the Batumi Botanical Garden. All conditions are created in the residential complex, both for living and for recreation. If you wish, you can easily rent out the purchased apartment and get additional income.