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Sunset Kvariati in Kvariati

Name: Sales in Sunset Kvariati started!
Start: 2021-01-18T06:28:46.189532+00:00
End: 2023-12-31T23:59:59+0000
Location: Sunset Kvariati

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Project info

Object ID: 10515

Finished at	June 2012
Price, m²	From 1550$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 42.00 m²
Floors	7
Apartments	84
Distance to sea	50 m.
Condition	Black walls
Ceiling height	3.20 m.
Construction type	Monolyth
Elevators	2
Security	CCTV Security
Conveniences	Parking Underground parking Commercial area Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

65,100$

Net profit

6,783$

Payback period

7.2 years

Avg property value increase per year

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Promos and discounts for Sunset Kvariati

About the project

Apartments in the housing estate of the hotel Sunset Kvariati type located on the coast of the Black Sea in Kvariati.

From a complex to the seashore - 50 m. To Batumi - 18 km, 10 minutes of driving on the car.

In the house two entrances, a well-planned lobby, 2 lifts, one of which - with a panoramic view on the sea and the embankment.

In each apartment – a balcony overlooking the sea and mountains.

Condition at the moment of commissioning:

complete repair, entrance iron door, external doors and windows from soundproofing metalplastic of production of Germany, inside doors – the quality MDF, the established sanitary equipment, winter-summer conditioners, the kitchen quality equipment, glass decorative elements, a ceiling and walls are painted by paints of the European production in neutral tone, the bathroom is trimmed and equipped with high-quality materials and bathroom equipment, ladders and balconies at an entrance, trimmed with a natural granite, glass doors of a building are equipped with fire-prevention system and the alarm system.

The house is gasified.

Owners of apartments are given opportunity of selection of design, materials and color scale for furnish, dressing and equipment of apartments.

Infrastructure: the closed yard, paved a stone, the sidewalk, external lighting, a playground, protection, administration services at apartment delivery in rent.

Construction is financed by the Israeli investment group.

Commissioning term - the end of June, 2012.

Cost of 1 sq.m: 1550-1800 USD depending on an arrangement (overlooking the sea / overlooking mountains)

$1550 - with view of the mountains

$1650 - with side view of the Batumi and sea

$1800 - with view of the sea

Available apartments in the area of 42-200 sq.m.

Kvartiry Square of 150 sq.m and 200 sq.m - windows overlooking the sea.

Flats Square of 42 sq.m and 85 sq.m - a lateral arrangement concerning the coast.

42 sq.m - towards Batumi overlooking mountains and the sea.

85 sq.m - towards Turkish border, overlooking mountains and the sea.