avatar_Apartments-for-sale-in-a-new-high-class-real-estate-complex-in-Batoumi

The residential complex is located in the centre of the Batumi leisure and entertainment area. A large avenue with palm trees and night lights - Alley of Heroes - leads directly to the beaches 3 minutes away, the Batoumi coast, Lake Ardagani with its dancing fountains. Administrative centres, supermarkets, shops, restaurants and cafés are concentrated in this district. Many parks with all tropical evergreen species create an ecologically clean environment and a comfortable climate. From the residential complex, you can quickly travel anywhere in the city or to the resort areas of Gonio, Sarpi, Kobuleti, Keda, Khulo.

Features of the complex

The use of new technologies in design and construction, the respect of high construction standards, the use of modern materials, a developed infrastructure and a high level of service are the business card of this new complex.

36 floors for this modern "business-class" residential complex
589 free planning apartments, without interior partitions
6 high-speed and silent elevators (4 passengers and 2 freight)
The ceilings are made of monolithic reinforced concrete structures using modern technologies
The external walls are made of 300 mm thick blocks
The aesthetic façade is ventilated and soundproofed, to protect the interiors from UV rays
The stairs are finished in granite
The underground car park is designed from reinforced concrete frames, with overlapping reinforced concrete slabs
Double glazed windows
The apartment entrance security door is of high quality, made of metal with wooden lamination, with improved sound and thermal insulation and quality locks.
All connections - electricity, water, sanitation, gas - are available in the apartment
Individual water and electricity meters are installed
Centralized fire fighting system.

A high level infrastructure

A four-star hotel has 60 rooms on the 4th and 5th floor. The complex includes a shopping and entertainment centre, a children's playground and a 50 m open and heated seawater swimming pool, a fitness club, restaurants and cafés, a beauty salon and a spa. Everything in this complex is created for your comfort. While your children play in a safe playground, you can enjoy the outdoor pool or spend time maintaining your physical condition in the fitness room.

Green zone

The residential apartment has a courtyard with green spaces for recreational use, accessible only to residents.

Panoramic view

Thanks to the panoramic view, the sea is seen from 90% of the apartments. From the windows of the apartments of the complex, you also have a view of the historic centre of Batumi and a magnificent view of the snow-covered peaks of the Caucasus mountains.

Protected territory

The territory of the complex is closed and protected 24 hours a day. Limited access to the complex excludes the presence of unwanted people in the territory of your residence.

Resort area

This part of the coast is full of activities and attractions. You will have plenty of time to relax with family or friends, have fun and do sports.

A profitable investment

The proximity of the sea, mountains and proximity to the tourist centre of Batumi, the coastline, the excellent accessibility of transport, the high quality of its construction, and above all, the reliable developer of the residential complex make it a very attractive opportunity to invest in Batumi, both for resale and for the income from the rental of the apartments. A real estate complex with a very attractive price/quality ratio.

The complex is located on the Black Sea, the nearest ski resort to Batoumi is Goderdzi, about 100 km from the city. Moving easily from a subtropical climate and a warm beach to snow-covered peaks in less than an hour is also one of Batumi's advantages.

The price per m2 in this complex starts at $650. The apartments are sold in Black Frame (see below). The cost for the renovation is $280/m2. The cost for his home staging, fully furnished with home appliances is $400/m2.

Black Frame

It is very important to note that the apartments of this complex are to be purchased in BLACK FRAME. What does that mean? The apartment is sold in a carcass condition with doors, windows, water, gas, electricity communication. The interior walls, electrical system, plumbing, heating and then house-staging, i.e. furnishings, household equipment and decoration, remain to be done.   

Renovation and House-staging

In line with our investment method, our company offers its clients a renovation and house-staging service. Our Architect Designer will propose a quality renovation and house-staging project for your apartment. The cost of interior decoration depends on the number of rooms, design preferences, and the quality of the materials chosen. An average amount of $400/m2 is required. The quality of the finishes and furniture used for the furnishings and functionality of your apartment are guaranteed by Gurian Partners and presented in an quotation which, after approval, will be attached to the general sales contract. 

How much does it cost in total?

An appartment of 25 m2 in this real estate complex will cost 25x650$=16 250 $ to purchase. The cost of its renovation and home staging provided by our architect designer will be $400x25= $10 000. The total cost of this villa will be $26 250.

A team management for your apartment

You want to buy an house or a appartment in Batumi, and make it profitable. In your absence, the villa can be rented with the help of our management company. Gurian Partners offers a management service for your property. Faithful to its commitment to quality services, this management contract guarantees you peace of mind. This contract allows you to delegate the entire management of your investment to us. The management of its rental, its good condition and its preservation in good condition. Gurian Partners Management

Profitable flats?

This kind of fully equipped apartment are rented in high season (June to September), per day, between $50 and $80. For a 25 m2 studio, completely renovated and well equipped, purchased at a price of 26 250 USD, rented at an average occupancy rate of 60% according to the average prices of short-term rentals in Batumi in 2018, the Gurian Partners Management Fee of 30%, the monthly maintenance fees of the complex, the tax on net profits of 5%, taking into account also the fact that the flow of tourists to Batumi increases each year increasing the value of your villa and the rent price, you will enjoy a minimum ROI of 15% net.

How to buy?

The developer allows you to buy these apratments in a single operation and you will then get a discount on the total price. Either it allows you to pay a deposit of 30% and the balance in 24 months at 0% interest. It is possible to create an individual payment plan for each customer, based on their cash flow.

Process of buying a property in Batumi

The process of buying a property in Georgia is very simple. All you need is a passport for this. If you prefer not to travel to Georgia, we can do so on your behalf through a lawyer and a Power of Attorney. The purchase process takes up to 1-2 hours. The registration confirmation is published on the official website of the House of Justice, ready to be downloaded and printed. No certification or stamp is required. The cost of the registration process is less than $50. Remote recording of the contract is also possible. Registration of the contract with instalment payment is possible, the terms of payment will be set out in the contract. The deposit is provided by the buyer. No additional formalities or registration with the Bank are required. The maintenance of the property is not expensive. There is no property tax.

Completion of the entire complex in march 2020

For more information about this investment, please contact us via our contact form, we will answer you as soon as possible.

 

  • Reference
  • Subway
    null
    District
    null
  • Cellar (m2)
    Floor
    Number of Floor
    36
    WC
    yes
    Bathroom(s)
    yes
    Fireplace(s)
    Air conditionner(s)
    yes
    Balcony
    Veranda (m2)
    Mansard (m2)
    Loft (m2)
    Parking
    yes
  • Surface
    25 m2 to 115 m2
    Renovation
    Black frame
    View
    Sea
    Project
    City
    Orentation