Horizons Club is located within the Horizon complex located in one of Batumi's most prominent modern districts. There is no view on the sea from this building, but the beaches are only a minute away.
The 7-storey building has been built in a modern architectural style and is located in a quiet place, "hidden" from the noise of the city. The construction is of high quality, the materials used for the exteriors as well as for the inter-dwelling interiors guarantee a high thermal and acoustic insulation. On each floor, technical rooms have been installed for the air conditioners and are available to customers.
Horizons Club has an developed internal infrastructure to ensure a comfortable stay: a swimming pool, a café, a fitness room, a billiard room, an underground parking lot. Customers of this building have access to all the other infrastructures and services of the Horizont complex: playground, wine cellar, bicycle parking, fitness and yoga centre, conference rooms, mandarin gardens, etc., increasing interest in this new building whose main advantage is its small size, comfort and practical aspect.
The building is built around a monolithic frame resistant to earthquakes (8 points of resistance) and is in the finishing phase, the façade is insulated and treated, there is still the painting of the façade to be done. The elevators are installed, and will be operational by mid-December. Main pipes for water and sanitation, electrical systems and ventilation are installed in all apartments. Windows, balconies and interior corridors are finished. All apartments are sold in Black Frame state. The building will be operational to receive the interior renovation companies of the apartments as of February 2019. Everything will be ready for the 2019 season. The territory of the Complexe Horizon Club will be entirely completed with mandarin gardens, with several children's playgrounds for the 2020 season
The occupants of the complex have access to a significant number of services: billiard room, bar, playgrounds for kids, barbecue areas, a wine cellar, many shops around the complex, fitness and yoga center, conference room, mandarin trees garden (2020), 24-hour security and video surveillance, the complex has its own technical service and cleaning service, the reception of clients is done 24 hours a day, many outdoor parking spaces
The apartments have a surface area between 26 m2 and 43 m2. The cost of the apartments in this building starts at $950/m2 and goes up to $1050/m2. The apartments are sold in Black frame: the cost for its renovation is $270/m2, the cost for its quality home staging, fully furnished with household appliances is $400/m2
It is very important to note that the apartments of this complex are to be purchased in BLACK FRAME. What does that mean? The flat 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.
In accordance 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. An amount of $400/m2 is required. The quality of the finishings 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 agreement
A 26 m2 studio costs $950/m2x26 = $24 700. The cost of its renovation and home-staging provided by our architect designer will be 400x26=10 400 $. You can buy this studio for $35,100.
You want to buy an house or a appartment in Batumi, and make it profitable. In your absence, the apartement 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
For a 26 m2 apartment, fully renovated, purchased at a price of USD 35 000, rented at an average occupancy rate of 60% based on the average prices of short-term rentals in Batumi in 2018, Gurian Partners Management Fees of 30%, monthly maintenance fees of the complex, net profit tax of 5%, also taking into account that the flow of tourists to Batumi increases each year increasing the value of your apartment and the rent price, you will receive a minimum net ROI of 15%.
The developper allows you to purchase in a single operation and you will then get a discount on the total price. Either it allows you to pay a downpayment of 30% and the balance in 12, 18 or 24 months at 0% interest.
The process of buying real estate in Georgia is very easy. You need only a passport for that. If you prefer not to travel to georgia, it can be done on your behalf through our lawyer via a Power of Attonrey. Purchase process takes up to 1-2 hours. Registration confirmation is published on the official website of the House of Justice ready to download and print. No seal certification is required. The cost of registration procedure is a little less than $50. Remote registration of the contract is also possible. Registration of the contract with payment in installments takes the same time, only different terms of payment are set in the contract. Installment is provided by the developer. No additional formalities or registration in the Bank is required. Further maintenance of the property is not expensive. There is no property tax.
For more information about this investment, please contact us via our contact form, we will answer you as soon as possible.