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Dar Residence in Batumi

Name: Dar Residence
Brand: DAR BUILDING
SKU: 1827
Availability: InStock

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Floor

Type	Square	Price
—	578 m²	Price TBA
2 bedrooms	48 – 65 m²	Price TBA
3 bedrooms	88 – 124 m²	Price TBA
—	36 m²	Price TBA
2 bedrooms	48 – 65 m²	Price TBA
3 bedrooms	88 – 124 m²	Price TBA
—	36 m²	Price TBA
2 bedrooms	48 – 65 m²	Price TBA
3 bedrooms	92 – 124 m²	Price TBA
—	36 m²	Price TBA
2 bedrooms	48 – 65 m²	Price TBA
3 bedrooms	92 – 124 m²	Price TBA
—	36 m²	Price TBA
2 bedrooms	48 – 65 m²	Price TBA
3 bedrooms	92 – 124 m²	Price TBA
—	36 m²	Price TBA
2 bedrooms	48 – 65 m²	Price TBA
3 bedrooms	92 – 124 m²	Price TBA
—	36 m²	Price TBA
—	227 – 265 m²	Price TBA

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Project info

Object ID: 1827

Finished at	December 2020
Price, m²	From 950$
Buy online	Details
Installment plan	30 % initial payment
Bank mortgage
Property type	Aparment building
Floors	7
Apartments	54
Building phase	Carcase finished
Condition	Black walls
Ceiling height	3.00 m.
Construction type	Monolyth
Elevators	2
Security	Intercom CCTV Security
Conveniences	Underground parking Commercial area Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
Free consultation	Ask a question
Resale properties in this project	Found 2 object(s)

Return on investment for apartment

with price

8,078$

Rental income

1,103$

Management

689$

Utilities

403$

5% Income tax

5,883$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	25$	225$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		193		8078$
Average		52%		37$

Total invested

34,295$

Net profit

5,883$

Payback period

4.2 years

Avg property value increase per year

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About the project

The residential complex "Dar Residence" in Batumi is located in the heart of the resort, next to the circus, the conservatory and just six hundred meters away from the passenger ship terminal.

The beach is a few minutes 'walk away. There is a big variety of public transport in the area, and a cable car is located seven hundred meters away.

There are a lot of museums in the neighborhood, and the city hall is only a hundred and fifty meters away. There are various cafes, restaurants, cinema, banks and beauty salons nearby.

Two parks, the Batumi State University, the American Technical University, a school, the Drama theater and the New summer theater are within walking distance.

Architecture

The residential complex "Dar Residence" fits perfectly into the surrounding ensemble, its appearance is perfectly combined with the exterior of neighboring buildings. The seven-storey comfortable house is constructed from environmentally friendly materials and in compliance with modern building standards.

According to the project, the building has high energy efficiency indicators, thanks to the facade, insulated and lined with decorative husk, as well as high-quality bricks. Energy-saving window glazing is performed.

At the entrance of the residential complex "Dar Residence" there are two lifts – a passenger and a cargo ones.

The interior

The complex is equipped with an underground garage. Only commercial premises are located on the ground floor. Guest car parks are organized, trees are planted, and street lights are installed.

Developer

Georgian developer-building company “DAR BUILDING” has appeared in a Building and Construction market since 2013 and soon has established it…
Details about DAR BUILDING