The cost of a elite villa in the European Village New complex is $266,000. Guaranteed income from the Management Company at 8% per annum and the possibility of repurchase of the villa by the developer company is fixed in the contract. The contract is signed in the House of Justice.
You can buy a elite villa for half as much – just $222,500. During the year, while construction and finishing work is underway, you pay $222,500 in installments and get a finished villa.
The bank, with our assistance, gives you a loan for the remaining half of the amount: another $222,500 at 7% per annum for a period of 6 to 10 years.
During this time, you receive from us a guaranteed income of 8% per annum from $445,000, which is $35,600 per year. This allows you to pay not only interest on a bank loan, but also cover the body of the loan itself for seven years. Therefore, you will fully repay the loan in seven years.
You can then either continue to receive rental income from the villa, use it for your own living, or sell it at a higher price. After all, prices for such villas in Batumi are growing by 20%-30% per year. If you wish, the company will buy the villa from you for $489,500, which is also fixed in the Sales Contract.
Therefore, you can become the owner of a prestigious and high-quality villa on the Black Sea coast, which brings a stable income, paying only half the cost.