Gonio Residence in Gonio

Name: Sales in Gonio Residence started!
Start: 2021-05-20T09:06:51.484310+00:00
End: 2023-12-31T23:59:59+0000
Location: Gonio Residence

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Project info

Object ID: 12255

Finished at	June 2019
Price, m²	From 800$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 30.20 m²
Floors	12
Building phase	Completed
Condition	Black walls
Ceiling height	3.00 m.
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Pool 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

24,000$

Net profit

5,906$

Payback period

3.0 years

Avg property value increase per year

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About the project

Gonio Residence consists of two hotel-type buildings which were completed in mid-2019.

Where is Gonio Residence located?

The houses were built in the central part of the resort village of Gonio, at a stone’s throw from the coast. The windows of the apartments offer a beautiful panoramic view of the sea and surrounding mountains.

What's around?

Gonio's amenities and facilities are primarily aimed at tourists and vacationers. Gonio Residence is surrounded by several hotels and a large selection of cafes and restaurants. The nearest supermarket is the Nikora Supermarket. The village stretches along the coast for about 3 km, so everything is always nearby.

How to get around?

The distance from Gonio to Batumi, which has much more to offer when it comes to amenities and facilities, is about 5 km while the city center is about 8 km. By car or by public transport you can drive along the E-70 highway to Batumi. Bus routes No. 16, 17, get you also to the international airport, the seaport of Batumi, as well as to Kvariati.

Project Features

Gonio Residence Gonio is a premium mid-rise development with 12 floors. The use of panoramic glazing allows you to fully enjoy the stunning views of the surroundings.

The first floor is reserved for commercial activities. The parking lot is located next to the house, where you will also find the sports field and children's playground. There will also be a swimming pool, a cafe, and a restaurant.