How to evaluate the investment attractiveness of a real estate property?

Location;Comment by an expert in the field of real estate in Georgia;The Stay&Rent Project

✅ Proximity to the sea and beach; Up to 10 minutes walk. Properties further than the second line are less occupied during the season and bring in less income;The residential complex is located 10 minutes walk from the sea in a developing area ✅ Sea or mountain views; Panoramic views increase the value and demand for the property regardless of the season; Views of the sea, mountains and city, no high-rise buildings nearby to block the view ✅ Proximity to major attractions ✅ Proximity to the city center; Up to 20 minutes by car. Affects the attractiveness of the property for tourists; From the house to the city center 10 minutes by car ✅ Proximity to shops and pharmacies.; Up to 5 minutes walk; Grocery store in the neighboring house in 2 minutes walk, pharmacy in 5 minutes ✅ Proximity to school and kindergarten; Up to 10 minutes walk. A significant parameter for resale and long-term rent; Kindergarten and school are 5 minutes walk away

Management company;Comment by an expert in the field of real estate in Georgia;The Stay&Rent Project

✅ International brand; The company provides a high level of service and works with its own base of loyal clients and agents, which allows the owner to avoid expenses on attracting tenants; A contract was signed with the international management company River Rock, one of the largest management companies on the market with more than 60 years of experience, which cooperates with hotel chains such as Wyndham and Ramada ✅ There is a management agreement with the management company at the start of construction; You can request confirmation letters from the management company and press releases, since the management agreement is under NDA; There is confirmation from the developer, the management company and press releases about cooperation ✅ The facility is being built according to the standards of the Management Company; Thoughtful projects maintain liquidity in the market regardless of the season and trends; The complex was designed taking into account the standards of the River Rock company, the infrastructure was expanded in partnership with the Management Company

Infrastructue;Comment by an expert in the field of real estate in Georgia;The Stay&Rent project

✅ Open pool; Increases the value and demand of the object within any investment strategy;There is all the infrastructure: a summer pool on the roof, a heated pool in the yard, a fitness room, a SPA center with a phytobar. Plus there is coworking and a well-furnished terrace with a lounge area on the 23rd floor ✅ Indoor pool ✅ SPA ✅ Cafe or restaurant ✅ Fitness room ❌ Casino; Batumi is a major center of the gambling business and attracts tourists who come on casino tours all year round ✅ Children's playground ✅ Parking; Increases the attractiveness of the property for long-term rental and resale; There is a playground in the yard, underground parking. The area is also equipped with surveillance cameras and a "smart home" system ✅ Individual boiler room; ; The house has its own autonomous gas boiler room, which provides heating without interruptions and reduces utility costs

Financial calculations;Comment by an expert in the field of real estate in Georgia;The Stay&Rent project

✅ There are reasonable financial calculations on the investment attractiveness of the property; It is worth paying attention to the ROI parameters, capitalization during construction, average price and annual occupancy; There are confirmed calculations on the dynamic price list: up to 30% annual capitalization, up to 75% capitalization only during construction