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Apartment for sale – Apartment in 15 sq.m. in Batumi, Rainbow

Adlia Street, 2/4/6
‍‍25 589 ₾
‍1 705 ₾ per m2
0% commission
$
15 m2
total area
area
1 floor
out of 15
out of 15
Feature of the layout
Layout
Free layout
Project
Project
Developer
Developer
Year of construction
Year of construction
2024
Listed
Listed
7 January 2025
Updated
Updated
16 January 2025

Description from the seller

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. Add this ad to Favorites and Compare, study and choose!

Building location

Batumi, Airport District,
Adlia Street, 2/4/6

Mortgage for buying real estate

Please note that all calculations provided are approximate. For the final figures, we recommend consulting with both the bank and the seller
GEL
USD
You borrow ‍21 751 ₾ from the bank
years
months
Mortgage from TBC Bank
14,5
%
annual interest
rate
1 958
payment for
month
16,97
%
effective interested rate that linked to a public
index
27 334
total for real
estate
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