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Mgzavrebi Seaside in Kvariati

Name: 📣 300$ — discount certificate
Start: 2019-11-11T11:41:44.894005+00:00
End: 2023-12-31T23:59:59+0000
Location: Mgzavrebi Seaside

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Project info

Object ID: 1009

Finished at	September 2021
Price, m²	From 1200$
Housing class	No
Buy online	Details
Installment plan	Минимальный первоначальный взнос 0%
Bank mortgage
Property type	Aparment building
Floors	12
Condition	Without finishing
Ceiling height	2.75 m.
Construction type	Monolyth
Elevators	2
Security	CCTV Security
Conveniences	Parking
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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

36,000$

Net profit

5,906$

Payback period

4.4 years

Avg property value increase per year

Open ROI calculator

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About the project

Information about the house

The residential complex "Passengers" is located on Gonio beach, fifteen kilometers from Batumi.

The E70 Highway runs along the village, along which the entire Black Sea coast of Georgia is located. A large number of minibuses allow you to get to Batumi quickly. The distance to Batumi Airport is about seven kilometers

What is located around

There is a large number of small cafes and restaurants near the complex under construction. There are bike rental points and several hotels. Close to grocery stores, a pharmacy and a beauty salon.

Architecture

Residential complex "Passengers" in Gonio - is an integral part of the hotel chain "Passengers", which is also represented in Tbilisi, Bakuriani, Gudauri and Batumi.

The complex is built with the highest quality certified materials. The building is equipped with modern technological devices, comfortable high-speed silent elevators will be installed. The energy-efficient glass package of the windows allows you to create the most comfortable conditions in the apartments.

Complex infrastructure

"Passengers" will be equipped in accordance with the requirements for the improvement of similar types of newly built complexes. In the complex:

A swimming pool is arranged;

Shrubs and tropical trees are planted;

A large parking lot will be arranged.

The playground provides playgrounds and a recreation area for adults.