GONIO - OFFER FOR INVESTORS
Transcription
GONIO - OFFER FOR INVESTORS
Residential Complex Investor Presentation Batumi-Gonio ECONOMY & TOURISM SECTOR / OVERVIEW GONIO RESIDENTIAL COMPLEX PROJECT / FINANCIAL DATA & PROJECTIONS 50 40 30 20 10 0 MARKET ADJARA REGION MARKET - ADJARA REGION Gonio is located 12 km away from Capital the city Batumi of the autonomus Adjara region that is situated on the Black Sea coast on Georgia's south-western border with turkey. Adjara is rapidly developing and dominated FDI. With regard to supply of hotels and residential appartments th local property market is expanding due to a growing demand. This is reflected in the number of pipeline projects and projects that were recently opened. Most of the people prefer buying appartments rather than paying high prices for the hotels. l GONIO - TOURISM DESTINATION Gonio is one of the best seaside resorts in Georgia. It is located in the Adjara region. It is very well positioned to benefit from increasing interest of Georgians and also neighbour country citizens to sea-side resorts and capitalize on Gonio heavily undersupplied market of the region. -20 TBILISI - 360 km - Capital of Georgia BATUMI -12 km -Sea-side city major entertaiment & tourist attraction POTI - 40 km -Georgia's biggest port (free Industrial Zone & Logistics Hub) Gonio is surraunded by the breathtaking landscape.The magnificent beaches of small pebbles made this place a favorite relaxation spot . The warm sea flow, pleasant soft climate and crystal clear water make Gonio an attractive resort. . New Batumi - Tbilisi Highway New Batumi international Airport Batumi Port GONIO - TOURISM DESTINATION A resort place Gonio is located in 12 km, to the south of Batumi. The magnificent beaches of small pebbles made this place a favorite relaxation spot of youth! On the sea coast of Gonio whole day is heard the noise and laughter of guests riding a scooter, water bicycle or marine banana. A day, rich with sun and sea is replaced by the onset of nightfall and general merriment moves in small restaurants, cafes, bars and beach bungalows, where the entertainment lasts until morning. Gonio is spread out at the foot of the mountain, crowned by the ruins of an ancient Gonio Fortress. Delighting in a relaxation on the beach, you can accomplish a pedestrian walk to the beautiful ancient monuments. Sights of astonishing beauty, located close to the Gonio are also mountain waterfalls with crystal clear water, refreshing its cool spray. Evening in Gonio gives you an unforgettable impression. Watching the beautiful sunset and the sun falling behind the horizon, you will discover the magical power of the sea and you will always take a fancy for return to your favorite place of rest! CLIMATE -GONIO Climate conditions in Gonio benefit from much higher number of sunshine hours and significantly less preceipitation than in Batumi. In fact, Gonio is considered to be the most-touris friendly resort in Georgia. Warm sea flow, pleasant soft climate and crystal clear water make Gonio an attractive resort. The average water temperature in July reaches 25C, and tan is immensely beautiful here and remains for a long time. RESIDENTIAL COMPLEX - GONIO Land plot size - 1000 m2 Building area - 4689 m2 Number of Floors - 8 Number of Studio Flats - 48 Total Living Space - 2635 m2 Room Size - 28-50m2 Commercial Space - 890 m2 Restaurants with Terraces- 249 m2 Indoor Parking Space -30 vehicles Land Residential Complex Design Lanscaping, Foundation Preparation Works DEVELOPMENT COSTS & PROJECTIONS Development Cost for Gonio Residential Complex Number of Studio Flats Commercial Space Restaurants with Terraces 48 890 m2 249 m2 Development cost* per m2 - 220 USD Total development cost = 4689 m2 x 190USD + 2%(unforseen expanses)+ 290 000 USD (fees for obtaining licenses and architect design ) = 1,198 728 USD *Development costs are adjusted to costs of labor in Georgia and price of building material and equipment. PROJECTION FOR -SALES pre Studio Flats - Price per m2 = 850 USD Total Flat Sales = 850 USD x 2635m2 Commercial Space - Price per m2 Total Commercial Space Sales (890 m2) - 1500 USD x 890m2 Terraces - Price per m2 =500 USD Total Sales from Terraces (249 m2) = 500 USD x 249m2 Parking -Price per unit 5000 USD Total Sales from Parking Spaces (garages) = 5000 USD x 28 2, 239 750 USD 1, 335 000 USD 124,500 USD 140,000 USD TOTAL INCOME 3, 839 250 USD PROJECT DEVELOPMENT COST 1, 198 728 USD Profit Before Taxation (3, 839 250 USD - 1, 198 728 USD) 2, 640 522 USD Profit After Income Tax 20% 2, 112 417 USD