Modern apartment 1 room in hotel complex

Batumi, Georgia – ID 11585
52,100 €
Area 31 m2
Flat kind 1+kk
Floor 22/22
Sea 700 m
Condition Ready

Investment information How it works?

Monthly return: 521 €
Yearly return: 12.0%

I offer you the opportunity to buy a 1 bedroom apartment of 31m2 with balcony in a multifunctional complex in Batumi.

An innovative project with an all-in-one concept based on New York and Dubai.

Design concept:

The project is designed by a leading Georgian architectural firm that specializes in designing modern five-star hotels.

The project is ideal for residential, recreational or commercial activities.

The complex is located in the centre of Batumi in a new modern district with year-round tourist and business traffic.

Distance from the sea - 700 m

Comfortable accommodation:

- 876 premium apartments

- Centralized heating and air conditioning system

- multi-level parking

- spacious lobby

- 24-hour reception

- 11 high-speed elevators

5 star recreation:

- Shared relaxation area

- outdoor swimming pool (18x10 metres)

- fitness centre

- lounge

- children's playroom

- restaurant

- green terrace

Premises for business activities:

- 5 500 m2 - total office space spread over 5 floors

- co-working room

- conference hall

- office hall

- terraces

- lounge

- meeting rooms

You don't have to use the property only for your vacation, but you can take advantage of the rental services offered by our business partner.

PAYMENT TERMS:

- Deposit - 10%

- Interest-free payment - until 07.2027 with the possibility of quarterly payments

- Yield - up to 12% per annum

The developer guarantees the purchase of the property upon payment of 50% or more of the purchase price:

- If the buyer pays the whole amount at once, he will get a discount.

- The buyer can use the services of our partner banks and get a simplified mortgage.

INVESTMENT ATTRACTIVENESS

Facts about Georgia / Batumi

Interest in Georgia is growing every year. Tourism in the country is conquering new heights every year.

In 2019, the number of visitors exceeded 9 million. And in 2021, it will increase by 20% compared to 2020. Georgia is considered one of the countries with the greatest investment and tourism potential.

The attractiveness of Georgia:

- 1st place in economic reforms (World Bank)

- 7th in the world in ease of doing business

- Lowest level of corruption in the region

- Visa-free travel with 98 countries

- Low tax on rental income - 5%

- No capital gains tax - 0% (if property is sold after 2 years of ownership)

- Residency permit - you automatically get the right of residency if you buy a property worth USD 100,000 or more.

The price per m2 will increase by 156% in 5 years.

Prices in the region are still lower than in other European countries, but they are rising steadily and at a fast pace, which is why this is a very interesting investment opportunity.

- Visa-free travel with 98 countries

- Low tax on rental income - 5%

- No capital gains tax - 0% (if the property is sold after 2 years of ownership)

- Residency permit - you automatically get the right to reside if you buy a property worth $100,000 or more.

Prices in the region are still lower than in other European countries, but they are growing steadily and at a fast pace, which is why this is a very interesting investment opportunity.

The purchase is not the end of our relationship, it is just the beginning.

Floor
22
Floors
22
Flat kind
1+kk
Sea view
1
Area
31 m2
Usable area
28.4 m2
Balcony
1
Garage
1
Pool
Pool
Parking
1
Reception
Reception
Restaurant
Restaurant
Security
Security
Maintained greenery
Maintained greenery

Do you like this property?

Contact us!

Interested in this property but not sure yet? Make an appointment online or at our office and we will personally go over all the details with you.

Bubenská 122/20
Praha 7 - Holešovice 170 00

Po-Pá: 8.00-17.00