Elegant Studio For Sale
Pirosmani Street – Batumi
*Year to Date
Beautiful Daily Rental Apartment Already Online and Earning Profits
A stylish, newly renovated apartment just a few minutes from the beach by foot. The property is equipped with a queen-size bed with a luxurious mattress and bedding. It also has a modern bathroom with shower, and a kitchen that is fully set-up with cooking and dining ware, a spacious fridge, microwave, electric kettle, and stove top. There is a washing machine, a drying rack, an iron and an ironing board, and breath-taking sea views.
Co-Invest with Ruebush Group
Available Shares – $5500 each
Build your income generating real estate portfolio by investing alongside Ruebush Group in this proven property. There are 10 co-ownership shares available in the property. 8 shares are available for investment. The remaining 2 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, we offer a buy-back option that is permanently in place.
How Did Elegant Studio Perform?
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Elegant Studio came online in July 2019. It is no secret 2020 and 2021 were difficult years due to the global pandemic. We have seen strong post-pandemic recovery and by 2023 we are projecting yearly earnings of 14.5% or more as tourism rebounds.