Apartment for sale – Studio apartment in 51 sq.m. in Batumi, Rainbow | Korter.ge

Adlia St, 2/4/6
‍‍173 859 ₾
‍3 389 ₾ / m2
GEL
USD
1 room
apartment
apartment
51.3 m2
total area
area
15 floor
of 15
of 15
Feature of the layout
Layout
Studio
Number of bedrooms
Bedrooms
1 bedroom
Project
Project
Developer
Developer
Year of construction
Year of construction
2022
Listed
Listed
31 октября 2023
Updated
Updated
31 октября 2023

Description from the seller

A unique opportunity to purchase spacious apartments in the prestigious Rainbow complex just 200 meters from the beautiful coast of Batumi. Only until 26.10.2023, shock price per m2 = $1,050. The complex is located in the New Boulevard area. Nearby there is a beautiful park, a large shopping center, several restaurants. It is one of the best locations for living and renting. In front of the complex, the developer plans to build a Marina and a yacht club. Apartment with a view of 51.3 m2. Panoramic windows: views of the mountains, the airport and the city. 15th floor. White frame finish. If you wish, it will be possible to pay extra for repairs. You will receive your keys as early as June 2024! The cost in the “white frame” is only $53,865. The advantages of investing in this project: 2 ️ ⃣ The profitability will be 8-10% per annum when renting out a management company of the market value of the apartment. 3 ️ ⃣ An international Management Company will operate in the complex. Under the agreement, the rental profit will be divided by: 60% to the apartment owner and 40% will remain with the Criminal Code. The Criminal Code is responsible for utilities and other payments. 4 ️ ⃣ The annual increase in value is 10-15%. The return on investment is at least 5 years.

Building location

Batumi
,
Airport District
,
Adlia St, 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
‍147 780 ₾ is the amount you borrow from the bank
years
months
I am a citizen of Georgia or have a residence permit
Mortgage from TBC Bank
12,5
%
annual interest
rate
13 165
payment for
month
14,14
%
effective interested rate that linked to a public
index
184 059
total for real
estate
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