Citron Tropico in Chakvi

Name: Citron Tropico
Brand: Citron Group
SKU: 20192
Availability: InStock

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Floor

Type	Square	Price
5 bedrooms	421 m²	Price TBA
Studio	35 – 47 m²	Price TBA
1 room	42 m²	Price TBA
2 bedrooms	53 – 63 m²	Price TBA
Studio	35 – 47 m²	Price TBA
1 room	42 m²	Price TBA
2 bedrooms	53 – 63 m²	Price TBA
Studio	35 – 47 m²	Price TBA
1 room	42 m²	Price TBA
2 bedrooms	53 – 63 m²	Price TBA
Studio	35 – 47 m²	Price TBA
1 room	42 m²	Price TBA
2 bedrooms	53 – 63 m²	Price TBA
Studio	35 – 47 m²	Price TBA
1 room	42 m²	Price TBA
2 bedrooms	53 – 63 m²	Price TBA
Studio	35 – 47 m²	Price TBA
1 room	42 m²	Price TBA
2 bedrooms	53 – 67 m²	Price TBA
Studio	28 – 39 m²	Price TBA
1 room	49 m²	Price TBA

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Project info

Object ID: 20192

Finished at	June 2020
Price, m²	From 1100$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 28.77 m²
Floors	8
Apartments	54
Condition	Turnkey
Ceiling height	3.00 m.
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking Underground parking Kids playground Near supermarket
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Personal discount certificate 300$
Free consultation	Ask a question

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

31,647$

Net profit

5,906$

Payback period

3.9 years

Avg property value increase per year

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About the project

8-storey residential complex Citron Residence Chakvi offers serviced flats in a beautiful resort town, Chakvi, just few meters from the Black Sea beach. The residence is tucked away from hustle and bustle of the city in an ecologically clean, green area with cozy and quite environment offering all conditions for your comfortable living.

Developer

HGroup construction company has been known in Georgia for more than 14 years. It is actively working in Batumi, offering favorable condition…
Details about Citron Group