Apartment for sale – Studio apartment in 30 sq.m. in Batumi, Odysseas Dimitriadis Street, 3

💵👍 An ideal investment in Batumi ☝️ Upon request, I'll throw off all relevant assignments 🧏‍♂️❗️ ATTENTION: the current transfer price is 100% and final. You can't find lower prices in Batumi. 💁‍♂️ I offer a turnkey renovated studio (fully finished, furnished, interior items: and appliances) in a premium complex 500 meters from the beautiful coast of Batumi, in front of the Stadium. 💯 Objective advantages of the project: Compared to the huge complexes nearby, there are only 260 apartments, few studios, the complex is more comfortable and less competition. Top location, always in demand The finished price is $1809 per meter: the developer has only large white-framed apartments on the top floor for $1,600 per meter. In neighboring complexes, turnkey prices start from $2000 with delivery in 2027 🧱 The construction of the complex was completed in December 2023 🧰 Commissioning June 2024. 🏢 The complex has only 26 floors, the total number of apartments is 260, as well as: —Pool —Spa center —Fitness room —Restaurant —
—Shopping mall 🏖️🏄‍♀️ Your tenants will enjoy the proximity to the sea as well as premium comfort and amenities! And you get a stable income of 10-12% per annum. Plus an increase in the cost of your apartment (at least 10% per year). 🏞️ The studio is located on the high 11th floor, overlooking the courtyard and an oblique view of the sea. 💰 The cost of only $43980 is only $1809 per meter on a turnkey basis! There are practically no such prices in this area. ☝️ Apartment details: LCD Sport App. 1113 Studio 24.3 meters 11th floor mountains and a piece of sea into the courtyard of the city! TURNKEY FINISHING Price 43,980 (1809 per meter) PV $24,896 Installment plan until May 30, 2024: two installments $9542 in December and May (You can review the installment terms upon request) At this location, from developers, the price of a turnkey meter in complexes completed in 2027 is from 2000 !!! The complex has only 260 apartments, a total of 26 floors. Quieter, quieter, less competition. There is a Criminal Code, you can take You can live on your own 📈 Resale strategy calculation Bought 43,980 Sale December 2024 Investment period: 18 months Predicted selling price: 60,750 Price per meter 2500 100% payment Profit: 60,750 - 43,980 = 16,770 or 38% in 18 months The yield is 25% per annum Calculation of the passive income strategy: Turnkey facility readiness: 01.06.2024 YEAR Long term rent $500 per month Annual income: $6,000 or 13.6% Mixed rent: 8 months (October-May) - $500 per month = $4000 4 months (June-September) - daily 80$ 70% occupancy rate (21 days) = $1,680 per month 4 months $6720 Total for the year: 4000 +6720 = $10,720 or 24% per annum Plus cost capitalization + 10% per year