Two apartments for sale (35.6 m² each, 6th floor) in the Horizon Grand Residence complex under construction, Batumi. Completion — 2027. A great option for investors looking to earn passive rental income.
📍 Location: Batumi, a prestigious tourist area
🏠 The area of each apartment: 35.6 m²
🏢 Floor: 6
Why this is beneficial:
• Batumi is one of the most popular resorts on the Black Sea with a high tourist flow all year round;
• Full range of services: reception, swimming pool, fitness room, SPA, restaurant, security;
• The hotel management company takes care of rent and maintenance — passive income;
• During the construction phase, the price is significantly lower than it will be after delivery.
Financial offer:
The price per square meter is 1,000 USD. The cost of one apartment (35.6 m²) is 35,600 USD, two — 71,200 USD.
At current rental rates in Batumi, the estimated annual income after delivery is 3,900—5,700 USD per apartment, which corresponds to ~11-16% per annum in foreign currency. Actual profitability depends on season, occupancy and management conditions. In addition, the cost may increase by the time of delivery in 2027.
Terms of the deal:
• Resale under an agreement with the developer;
• The documents have been completed;
• It is possible to sell one apartment or both.
💼 Ideal for investors who want to earn income in foreign currency without personal involvement.