The Midtown Batumi Apartment

113-117 Gorgasali Street
18,000
The Midtown Apartment In Batumi

Overview

Property ID: 1655050560
265.00 m2
Floor 15
3.00 m2 ceiling
5 bedrooms
4 bathrooms
Construction
Under Construction
Handover: 2022
Delivery Condition
Turnkey Fully Furnished
Options
Parking: Included
Security: Yes
Features
Elevator / Lift
Balcony
Internet / WiFi
Cable TV
Television
Air Conditioning
Heating
Hot Water
Mini Bar
Full-size Refrigerator
Clothes Washing Machine
Dish Washing Machine
Sofa
Chairs
Computer Desk
Bed(s)
Wardrobe(s)
Dining Table
Sink
Double Sink
Cooking Items
Flatware
Drinkware
Shower(s)
Description

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 will be a super luxury large-scale apartment with 5 bedrooms and 4 bathrooms. It will have 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. 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 end of 2022. And, just like Georgia House, we expect it to be booked 365 days a year.

NOTE: The price listed is per co-ownership share in the property.

We divided the property into 25 co-ownership shares. We are keeping 15 shares ourselves and selling 10. The price per share is $18,000. 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.

Every month you will earn your fair share of the profits from the ENTIRE property. For more information about the professional management and how investors earn, please contact the sales agent whose details appear on this page.

Payment Options

Discount available if you pay in full in 1 payment. Monthly installment plan available with 0% interest rate if you pay at least 10% initial payment. Ask the sales agent for more details about discounts and monthly installment plans.

Investment Potential

We personally evaluate every property listed for sale on our site for rental income potential. Our company has been managing daily rental properties, guesthouses and hotels in Batumi since 2013. So we have a lot of experience in this market.

This property meets our standards for construction quality, design, finishing, and daily rental marketability. We are confident in the potential of this property for daily rental income and we will happily manage and maintain the property for you so you can enjoy a truly hands-free passive income property.

Based on our long-term history in the market, we have made projections for occupancy and nightly rates, along with expenses, taxes, and upkeep. These projections include income, profit and expected return on investment. If you would like to see these projections, please contact the sales agent and they will be happy to discuss everything with you.

Learn more about our successful history managing properties in Batumi.

Location

41.643797,41.627630

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