Mercury Group
3 apartments for sale in Courtyard Marriott, Batumi
- Georgia, Batumi
- Batumi
- Georgia, Batumi
- Batumi
Property description
Three apartments for sale (Courtyard occupies 6 floors with all necessary infrastructure + Kazan. Due to the casino, the load is very high).
Apart. 1: two rooms, one bedroom, floor 28, overlooking the sea. Area - 64.45 sq.m, price per sq.m. - €3,100, total cost - €199,795
Apart. 2: two rooms, one bedroom, floor 28. Area - 52 sq.m, price per sq.m. - €2800, total cost €145,600
Apart. 3: two rooms, one bedroom, floor 15. Area - 58.70 sq.m, price per sq.m. - €2800, total cost €164,360
It is managed by the Swiss company Sophos Hotels. They take 40% where absolutely everything is included (utilities, maintenance, cleaning, advertising, etc.).
Calculation: A day costs an average of $120, the average occupancy is 60% per year, it turns out 219 days. $26,280 per year. 40% of the management company - $10,512, and the owner - $15,768. Per month = $1314.
Annual Percentage:
Apart. 1 = 7.9%.
Apart. 2 = 10.8%.
Apart. 3 = 9.6%.
Average % of all - 9.4%
Location:
Basic parameters:
View characteristics:
Leisure and Infrastructure in 2km:
Distances:
Finance and management:
Object characteristics:
Location on Map
- Georgia, Batumi
- Batumi
** After rental period you check out, own your property, and:
1. give it for rent and get the loan covered keeping real estate till the highest market to resell, or
2. resell and get the invested money + capitalization profit
In both cases, your rental costs when purchasing real estate are reduced by an average of three times.
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