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20 Residences with Superb Sea View | Batumi Georgia

  • $2,700,000
ლეხ კაჩინსკი, Lech and Maria Kaczynski Caddesi, ანგისა, აეროპორტის ადმინისტრაციული ერთეული, Batum, Acara Özerk Cumhuriyeti, 6000, Gürcistan
For Sale
ლეხ კაჩინსკი, Lech and Maria Kaczynski Caddesi, ანგისა, აეროპორტის ადმინისტრაციული ერთეული, Batum, Acara Özerk Cumhuriyeti, 6000, Gürcistan
  • $2,700,000

Overview

Property ID: HZ909111956
  • Hotel, Residence, Sea View Property
  • Property Type
  • 20
  • Bedrooms
  • 20
  • Bathrooms
  • 20
  • Garages
  • 950
  • 2021
  • Year Built

Description

INFORMATION ABOUT 20 APARTMENTS FOR SALE (AS HOTEL MANAGEMENT) AT BLOCK-A 6th FLOOR

The 1 block of the project, which consists of a total of 4 blocks, is a hotel. The remaining 3 blocks consist of residence flats. There are 24 flats on each floor in Block A. 4 of the 24 flats on the 6th floor of Block A have been sold, and the remaining 20 flats are managed as hotels. The rental return period of these 20 flats (ROI) is approximately 7-8 years. It is a great investment opportunity! All flats are for sale furnished with hotel concept.

3 of the 20 flats are in 1+1 concept and the other 17 are in 1+0 (studio flat) concept.

All of these 20 apartments are rented daily via Booking and Airbnb. All of these apartments are operated as daily rentals.

 

INFORMATION ABOUT THE PROJECT

The project its dream project located on the black sea beach in the beginning of the Boulevard. The project is the most beautiful project from design and location. The project 1 km from Batumi airport and lease than 10 km from Turkish border, in addition to it is close to the city landmark.

The project description: 1 Land area: 15000 m2 2 Contain 4 buildings divided into three residential buildings A, B and C with 870 apartments and one Hotel with280 rooms.

QUICKNESS

Quick registration of property
In just 1 hour and according to the principle of «One window».

CREDITING
Credit for citizens of any country with only 1 document a passport!

ACCESSIBILITY SUPPORT
Affordable pricing policy

INVESTMENT PAYBACK
Growth in tourism and demand for rental Allow to return investmentsIn just 45 years!

CONVENIENCE
Distance management of property in online

MANAGEMENT
Management of apartments with international brand and standards

We combine characterful hotels – Apartments with a name that you can trust.

Batumi View a new multifunctional complex that is being implemented by investment company ”Rekan Group Georgia”. Complex is located in New Boulevard of Batumi, in 20 meters from the Black Sea coast. The project combines 5 star Hotel with 280 rooms and 3 residential buildings. Batumi View com plex will be surrounded by a developed infrastructure, which is the key to a comfortable life; it will

Include facilities such as: open swimming pool, SPA, tennis court, dining areas, Gym,playground for children, comfort able parking system underground and ground parking places. All the ground floors for the 3 residential buildings will be stores and markets. Customers have ability to pur chase the apartments with total payment or cover the cost gradually by paying 50% down payment and use interestfree installment payment up to 12 months.

The project is located on No.8 Leh & Maria Kachenski Street, Batumi, which runs parallel to the south boundary line and is the main artery into the city from the west and city airport. The site’s location is well suited to ac commodating a mixeduse complex with residential, hotel and retail components.

Close proximity to the sea (so called “1st line”), the Seaside Boulevard and the main city park results in a high level of pedestrian traffic. Hotels, guesthouses and gambling facilities dominate the area. A few construction sites are currently active and the mixeduse complex, which will accommodate a 5* hotel, residential tower, shopping and casino facilities plus recreational development, is forecast to be delivered in 2021.

HOTELAPARTMENT CONCEPT

  • There is strong demand for quality residential accommodation both from a local population perspective and also from holidaymakers;
  • The proposed site benefits from its proximity to the seaside, major transportation routes, and maturing infrastructure in Batumi;
  • Residential facilities are characterized by a shorter payback period than most other real estate concepts;
  • There is the possibility to offer timeshare and fractional ownership of the apartments through global partners which will ensure higher demand in the low seasons;
  • A professional property management company will ensure that facilities are well kept and the long term asset value is maintained without through efficient use of owner’s sinking fund and capital expenditure

INVESTMENT PAYBACK
PRODUCT/ REVENUEMANAGEMENT

The payback period is the time re quired for the amount invested in an asset to be repaid by the net cash flow generated by the asset. It is a simple way to evaluate the risk as sociated with a proposed project. An investment with a shorter payback period is considered to be better, since the investor’s initial outlay is at risk for a shorter period of time. The calculation used to derive the payback period is called the payback method. The payback period is ex pressed in years and fractions of years.

THE STRATEGIC ROLE OF “MANAGEMENT SERVICES“
Management Services is increasingly concerned with providing fa cilities whereby management can be more effective. By modifying their systems and harnessing personal motivation, companies adapt to their changing environment.

  • UTILITIES
  • NS URANCE
  • CLEANING, AMENITIES, LAUNDRY ROOMS MAINTENANCE
  • PR AND MARKETING BOOKING SYSTEMS (ONLINE)
  • TOURIST COMPANIES
  • 24/7 SECURITY SERVICE & MONITORING
  • 24/7 RECEPTION AND BELLBOY SERVICES
  • GENERAL AREA TECHNICAL MAINTENANCE
  • GENERAL AREA CLEANING & MAINTENANCE
  • ELEVATOR MAINTENANCE
  • UNDERGROUNDCAR PARKING
  • GROUNDCAR PARKING
  • STANDARD RENTAL SERVICES

ALL RENTALS INCLUDE THE FOLLOWING SERVICES AND AMENITIES

  • Fluent English speaking greeter waiting for you in the apartment upon arrival to give you a full tour of your rental and answer all questions.
  • Detailed Guidebook of your apartment, your neighborhood and Budapest in gener al including restaurant, bar, shopping and time out recommendationsfor all occasions.
  • Unlimited free High Speed Internet wireless WIFI connection
  • Maid once a week for rentals of two weeks or longer, includes change of bed linen, towels and cleaning of apartment. (Additional maid service available upon request)
  • Telephones for local landline calls and incoming calls. Different phone package with long distance service is available upon request for more than 1 month rental. Additionally, temporary mobile phones can be provided upon request for an addition al cost.
  • Flat screen color television with remote control and cable stations (in many units multiple televisions are included)
  • DVD player
  • Stereo systems – with CD players and most with iPod or MP3 hook up
  • Fully equipped kitchen, glassware, dishes, cutlery, coffee maker, toaster, utensils, pots, pans, microwave, refrigerator, freezer, stove. Many units are equipped with dishwashers and garbage disposals as well.
  • Washer access (and dryer too in some apartments)
  • Complete set of plush cotton towels
  • High thread count cotton bed linens, hygienically controlled pillows, duvets and blankets
  • Air conditioning system or fans for comfort during the summer season

AVAILABLE UPON REQUEST FOR NO-EXTRA CHARGE

  • Cribs – size & type of crib varies per apartment, please inquire for precise de tails
  • Baby equipment including highchairs, strollers, baby monitors and other items

AVAILABLE UPON REQUEST FOR AN EXTRA CHARGE

  • Airport Pick Up
  • Extra guest mattress for 25 Euros/night
  • Printers, Fax machines and other office equipment
  • Mobile Phones with local prepaid sim card for 15 Euros/week (calls paid by guests)
  • Daily Maid Service
  • Laundry Service and Ironing
  • Chef Services
  • Grocery shopping/Fridge fill up
  • Champagne upon arrival
  • Fresh flowers

RESIDENTIAL

Three residential buildings with different areas suitable for the city needs. With 870 apartments. Block A and C will be 13 floors and Block C will be 15 floors

    • The apartments has many views divide as follows:
    • Sea view
    • Sea with airport and mountains view
    • Sea and boulevard view
    • All apartments have their own balconies with suitable area
    • All the e buildings has roof cafeterias and restaurants
    • Mountains view

COMMERCIAL AREA

All the ground floor for the 3 residential buildings will be stores, markets and restaurants

For the best investment, contact to us!

 

 

Details

Updated on August 8, 2023 at 1:50 pm
  • Property ID: HZ909111956
  • Price: $2,700,000
  • Property Size: 950 m²
  • Land Area: 15000 m²
  • Bedrooms: 20
  • Rooms: 23
  • Bathrooms: 20
  • Garages: 20
  • Year Built: 2021
  • Property Type: Hotel, Residence, Sea View Property
  • Property Status: For Sale
  • Address ლეხ კაჩინსკი, Lech and Maria Kaczynski Caddesi, ანგისა, აეროპორტის ადმინისტრაციული ერთეული, Batum, Acara Özerk Cumhuriyeti, 6000, Gürcistan
  • City Batumi
  • Zip/Postal Code 6000
  • Country Georgia

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