The Midtown Penthouse For Sale in Batumi
City center luxury within walking distance of everything.
OPENING
2024
INVESTMENT
$25,000
Occupancy
65%
*projected
ROI
12-18%
*projected
Own your share of a super posh penthouse with breath-taking sea views and earn passive income.
The Midtown is an incredible luxury property right in the heart of the city. It has panoramic views of the old city, the new boulevard, the 26 May Park and the entire beach and seaside boulevard. The views are absolutely stunning.
In 2019 we completed a project we lovingly call “Georgia House” which you can see on AirBNB if you click here. Georgia House has since become the most popular and most profitable property in the entire city. According to AirDNA, AirBNB, AllTheRooms, and Booking.com it generates more nightly bookings and more revenue than any other property in the entire region.
After completing Georgia House, we were surprised how much more demand there is for large properties with 4 to 6 bedrooms and 4 to 6 bathrooms. We get more requests for this type and size property than anything else. So, we decided to build “The Midtown Batumi Apartment“.
The Midtown is a super luxury large-scale apartment with 5 bedrooms and 4 bathrooms. It has a huge dining room, a professional chef’s kitchen, a professional bar, mixed-type sleeping areas, entertainment zones, movie screen, music system, professional laundry, and more.
We expect this to become the #1 most popular and profitable property in Batumi as soon as we open it in 2024. The building is entirely completed and we are now in the finishing stage. Essentially, we are doing all the interior remodeling and decorating now. We expect to open the property before the season in 2024. And, just like Georgia House, we expect it to be booked 365 days a year.
We divided the property into 20 co-ownership shares. We are keeping 4 shares ourselves and selling 16. The price per share is $25,000. You can co-own this super high-end luxury property and share with us in the daily profits. And, you can stay there for FREE any time you want during the year.
Fractional Ownership Investing
A scheme in which a group of people share ownership in an asset and the individual investors have access to the asset and share in the profits from the asset in proportion to the amount of their investment.
Investment: $25,000
The Midtown Penthouse is a high-end luxury apartment with a value over $600,000. This type of asset is normally accessible only to high-wealth investors, but our unique fractional ownership model puts this type of valuable and profitable real estate investment within reach of almost any investor.
The penthouse is divided into 20 shares of registered real estate. You can purchase as little as 1 share, or buy all that remain available. The actual real estate will be registered in your name in proportion to your investment. And you will earn your fair share of the profits from the entire property according to the proportion of your investment.
With as little as $25,000 you can be the co-owner of a high-end luxury penthouse in the heart of the city. You can stay for free anytime you wish, and earn passive income when you are away.
WHAT DO I GET?
Real Estate
The portion of the actual real estate is registered in your name in proportion to your investment. For example, if you purchase 1 share of this 265 square meter penthouse, then 13.3 square meters is legally registered in your name as the outright owner. If you purchase 10 shares, then 133 square meters is registered in your name. Regardless of the size of your investment, you are a legal registered owner to the title deed of actual real estate.
Earnings
Each month, we divide the rental profits of the penthouse among the investors in proportion to their investment. There are a total of 20 shares in this property. So, if you purchase 1 share, you will earn 1/20th of the profits every month. If you purchase 5 shares, you will earn 1/4th of the profits each month. We expect this to be the most profitable rental apartment in Batumi by the end of 2024.
Holidays
For every share, you get 2 free days per year of personal usage of the entire penthouse along with all the amenities. You can use these days yourself or share them with friends and family. So, if you want 1 week of free vacation each year, all you need to do is purchase 3 or 4 shares. If you wish to use additional days, you get a 20% discount off the current nightly rate.
Co-Invest with Ruebush Group
20 Shares – $25,000 each
Build your income generating real estate portfolio by investing alongside Ruebush Group in this proven real estate investing system. There are 20 co-ownership shares available in the property. 16 shares are available for investment. The remaining 4 shares will be owned by Ruebush Group as your investment partner in this property. Because we own 20% of the property, it is in our own interest to ensure the property is always booked and generating maximum income. Rental income is distributed to each partner monthly. If you wish to exit the investment, you can sell your share at any time for the current market value, and we even offer a buy-back option that is permanently in place.
ROI Projections
Investment
$25,000
Yearly Income
$3,000 to $4,500
Yearly ROI
12-18%
Over the past 5 calendar years, properties managed by Ruebush Group have generated an average of 13.32% ROI each year for investors, through rental income alone. This does NOT count the growth in resale values, but this DOES include 2 years of global pandemic.
On hotel rooms, we split the daily rental income 50/50 with investors. 50% of the revenue generated from nightly bookings goes to Ruebush Group. The other 50% is divided among the investors in proportion to each of their investments.
You have ZERO burden of operational expenses, maintenance, or upgrades because Ruebush Group takes 100% of the responsibility for all costs associated with marketing, operating, maintaining, upgrading, and even insuring the property.
Another amazing benefit of this investment is that the income tax on rental income is only 10% in the country of Georgia.
You have a very solid and dependable projected yearly return on investment through rental income, AND you keep more of your own money due to very low taxes in our country.
Invest with us today and earn 12% to 18% yearly ROI through rental income alone!
