Villa De Pasadena
Villa De Pasadena is a private company that was open for the construction and maintenance of the hotel. At the moment, the company is the owner of a land area of 1086 square meters on which the construction of the hotel will be carried out. The company has developed and agreed with the city hall of Batumi a hotel construction project. At the moment, all the documents necessary for the start of the construction of the Hotel have been agreed and signed at the City Hall of Batumi. The company also concluded an agreement with a construction company registered in the city of Batumi which will carry out the construction of the hotel. The choice of the company was carried out on the basis of checks of the company's documentation as well as their previous work and their quality. The construction of the Hotel will begin in May 2020, the completion of the construction of the Hotel is scheduled for the end of 2021.All necessary and more accurate data, according to the apartment maintenance contract for their layout and their equipment, as well as the construction period of the Hotel, will be indicated in the contract contract, which will be concluded with the buyer.All information about buying an apartment, you can get from the owner and founder of Villa De Pasadena Valery Stepanenko.We bring to your attention the investment project Villa De Pasadena with the location of the country Georgia city of Batumi (Gonio).
Batumi is one of the most popular Black Sea resorts, as well as the third largest city in the country of Georgia. The part of the city where Villa De Pasadena is located is called Gonio. Gonio is a small place with beautiful nature, sandwiched between the mountains and the sea. The magnificent and very clean beach is a favorite place of local residents, as well as all tourists. The surrounding area of the villa is very picturesque and calm. There are many small restaurants and cafes, as well as various attractions for tourists.
This very calm beautiful place is ideal for families and for people who like a more active lifestyle. The villa has a spectacular view that can be enjoyed for 4 seasons. The villa is an ideal place for relaxation, wine tourism, business trips or just exploring Georgian culture.
The main advantages of the villa.
Panoramic view of the mountains and the sea.
5 minutes walk to the main beach and entertainment.
5 minutes walk to restaurants.
10 minutes drive to the delphinium.
10 minutes drive to the international airport.
15 minutes drive to the center of Batumi.
20 minutes drive to the world famous botanical garden.
10 minutes drive to the beautiful place of Kappri, the border of Georgia and Turkey. With a passport, you can freely cross the border and enjoy Turkish cuisine in Turkish restaurants.
2-3 hours drive to the famous ski resorts of Bakuriani or Gudauri.
The idea of this project is to create a small hotel complex with premium hotel apartments for investors who will be the owners of a hotel apartment, can use them as permanent housing, holiday homes, as well as provide them for rent.
The hotel complex will be located on the territory of 10,086 square meters. The complex will have such amenities as a pool, sauna, fitness club, playground, green area, restaurant-bar, parking. The owners of the hotel apartment and their tenants can use all these services. Services will also include security, video surveillance, reception, cleaning of the territory, cleaning of the hotel-apartment, maintenance.
The hotel complex will consist of 16 hotel apartments of various designs and various sizes, fully furnished. All rooms have balconies with stunning views of the sea and mountains.Prices for hotel apartments. (Price per 1 m2 = $ 1500)
1st FLOOR: 6 APARTMENT UNITS (# 101 - 106)
area - 38.7 m2 —price $58,050
2nd FLOOR: 5 APARTMENT UNITS (#201-205)
Unit #201 37.2 m2 — price $55,800
Unit #202 36.9 m2 — price $55,350
Unit #203 43.3 m2 — price $ 64,950
Unit #204 67.7 m2— price $101 550
Unit #205 34.5 m2—price $52,785
3rd FLOOR: 5 APARTMENT UNITS (#301-305)
Unit #301 37.2 m2 — price $55,800
Unit #302 36.9 m2 — price $55,350
Unit #303 43.3 m2 — price $64,950
Unit #304 67.7 m2 — Price $101,550
Unit #305 34.5 m2—price $ 52,785
PENTHOUSE: AREA - 240.5 M2 — PRICE $360,750 SOLD
ECONOMIC ANALYSIS.
Economic analysis will be carried out on the basis of the calculation, the minimum prices for services and the minimum number of rental days, a hotel room at a price of $ 52,785.
minimum rental price — $ 75 (per day)
minimum number of rental days per year — 180 days
Total Gross — $ 13500 per year.
COSTS REQUIRED FOR SERVICING HOTEL APARTMENTS.
Monthly utility bills — $ 55 X 6 months — $ 330
(electricity, water, gas)
Costs of maintenance and security for 12 months — $ 1200
Room cleaning for 6 months — $ 90
Total expenses: — $ 1620
Profit minus expenses: — $ 11880
9% for the organization and management of your property — $ 1069
Profit: — $ 10811
Income from rental housing is taxed at 5% — $ 540
Net income after tax: — $ 10271
In 5 years, your income will be $ 51,355. Here we do not take into account an increase in the cost of renting an apartment for every year by 10%, as well as an increase in the employment of an apartment.
Based on an economic study conducted by independent organizations in the city of Batumi, it was found that the rent for elite hotel apartments rises at a rate of 10% per year, the cost of elite hotel apartments increases from 15 to 20% per year, the cost of land increases from 20 to 30 % in year.
It is planned that in 2022 the average rent for an elite hotel-apartment will be $ 100 per day, and employment - 59.6% per year.
Based on the foregoing, a simple calculation and conclusion can be made. What if you make small investments in Villa De Pasadena of Batumi, then you will not only get a vacation spot that will bring you constant income from renting your apartment, but you will return your investment money for 5 years. Accordingly, after 5 years you will have only income and a free hotel room in the form of your property, whose value will increase to $ 75- $ 80,000 in 5 years.