Investment Analysis: Oval Project in Batumi
Property: Oval Complex
Location: New Boulevard, Batumi
Class: Premium
Completion: 2027
Developer: Metropol
Smart Estate Offer: Ready apartment with premium renovation
Smart Estate Unique Value:
• Sale Price: $54,800 (vs. $90,000 from the developer)
• Discount: ~39%
• Expected Rental ROI: up to 19.7% per annum
Forecast for 2030:
1. Property Value Appreciation:
• Current Developer Price: $90,000
• Expected Price by 2030: $120,000 (conservative)
• Capital Gains: $65,200
2. Rental Income (2027 to 2030):
$10,800/year × 3 years = $32,400
Summary:
• Total Income: $97,600
• Combined ROI (2024–2030): 178%
• Average Annual ROI: ~29.6%
Why Prices are Rising at Oval:
• Launch of the Artificial Island
• Emaar Project ($6 billion investment)
• Alliance Centropolis + World Trade Center
• Premium complexes by Metropol (Cube, Paralleli)
• Limited supply on Shartava St.
Smart Estate provides access to a deal 39% below market value with a real annual return from 29.6%.
📅 The best time to invest is now, while the price is still $54,800.