Flat for sale

GENERAL OVERVIEW Batumi is a seaside city on the Black Sea coast and capital of Adjara, an autonomous republic in southwest Georgia. Batumi serves as an important port and a commercial center. It is situated in a subtropical zone, rich in agricultural produce such as citrus fruit and tea. While industries of the city include shipbuilding, food processing, and light manufacturing, most of its economy revolves around tourism. Since 2010, the face of the city has been transformed by the construction of new high-rise landmark buildings and the renovation of the Old Town. The Currency of Georgia is Georgian Lari [GEL] and 1USD is Equivalent to 2.30GEL. subject to change PROJECT DETAILS The Project is located on Pushkin Street , very commercially located area close to the Bus Station and Mins walk distance from the Sea. [Picture Attached]. Please note that the construction picture attached is as of last week.Total Project is G+20. The Project Price is •USD 850/SqMt [Fully Furnished] for Mountain View and; •USD 950/SqMt [Fully Furnished] for Sea View and; •the Minimum Size of the Apartment is 41.2 SqMt [Illustrative Render attached]; so the starting price is around USD 35,000/- approx. PAYMENT SCHEDULE 50percent Till Handover [tentatively December 2016] 50percent in 26 Months After handover Projected Returns: 10 -13percent P/A Please find attached pictures that show the location of the project and nearby services. We assume that the project is a viable investment opportunity because of the payment plan and Batumi is currently a growing market due to Casinos, Beaches and other attractions. Many Major Hotels have already opened up; Hilton, Sheraton. Kempinski, Radisson, JW Marriot [Under Construction] and Leo Grand are just some of them. Agents Please Email for Registration