UNDERGROUND PARKING SPACE
Parking space is in short supply here. It is in high demand. There's no place to park the car outside.
💰 The cost is $9000. Installment plan until the end of 2025.
Still available at this price.
The first instalment is 30%, which is $2700.
The installment plan is 12 months, which is $525.
There are few parking lots in Batumi. And this parking lot has already been built and can be rented out right away.
🧮 Let's calculate profitability.
You can rent a parking space here for between $100 and $150. There is a management company.
If we rent at least $100 per month, we get $1200 per year.
1200/9000 = 13.33% per annum in foreign currency. There are practically no additional costs.
If we rent $150 per month, we get $1800 per year.
1200/9000 = 20% per annum in foreign currency. There are practically no additional costs.
Thus, if you invest several times less than in an apartment, you get a higher return. From 13% to 20%.
They charge 1% for rent management.
There is one nearby for $11500 with full payment.
Contact me for more information and to schedule a free consultation. Consultations are not obligatory, just learn more about the country and about profitable investments 📞
I will send you a selection of the best real estate offers for life and investment!
There are investment options from $10,000 in Bali
The price is valid at the time of publication and depends on the exchange rate, availability, location and floor of the apartment.
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