a Real Estate Investment Opportunity in Batumi Opening 2022
City Center Luxury Rental Property
Best Real Estate Investment in Batumi
The Midtown is designed to capitalize on a high demand segment of the Batumi rental real estate market that has extremely low supply. We are selling 25 co-ownership shares in this luxury penthouse. Each share is only $18,000 and we project you will earn over $3000 per year in rental income. This means you should get your entire investment back in 6 years or less and then continue earning every year until you wish to resell. Your name will be registered on the real estate title deed with full ownership rights.
Our goal is to deliver exceptional value to guests by providing the highest quality property and services.
City Center Location
Designed for Groups
There are 5 bedrooms with different configurations so we can attract large groups of up to 20 guests.
– 2 Full-size Bunk Beds – 1 Single Bed – Work Desk – Mountain Views
Master Bedroom Sleeps 2 Adults
– King-sized Bed – Large Wardrobe – Attached Bathroom – City/Sea Views
We selected this location because it is the prime spot for tourist groups or locals hosting large gatherings. Everything important is a short walk away.
26 May Central Park and major shopping streets
Walk a few minutes toward the main seaside boulevard and you will find yourself in a lush and tranquil city park with a relaxing lake and Dolphinarium where you can swim with dolphins.
Near the Historic Old City
Walk a few minutes toward the port and you find yourself in the historic "Old City" with cobblestone streets, museums, unique architecture, artisan shops, cafes, bars, and more.
Just a few minutes walking and you find yourself at the incredible 7 kilometer long Batumi Boulevard. This is one of the longest stretches of beaches and seaside parks in all of Europe.
115 Vakhtang Gorgasali Street
Centrally located within a few minutes walk to every major attraction in Batumi. This is a perfect spot for both tourists and locals.
The building is a fully constructed, modern, 16 floor high-rise completed in 2021 and will be handed over to us for fit-out in early 2022.
The Midtown is developed and operated by Ruebush Hospitality Group, a leader in rental real estate in Batumi. Since 2013 we have managed 9 out of 10 of the most profitable properties in Batumi.
The Midtown is planned to open in 2022 and is projected to return more than 20% yearly ROI to investors. The building and location was selected because of the amazing walking proximity to almost every major attraction in Batumi. Over the years our top request from potential bookings is large apartments with 4 or more bedrooms. This extremely high demand property will produce very solid nightly rentals. You can invest in this luxury property today with as little as $18,000.