What affects occupancy
Rental demand in Batumi depends on season, location, view, property condition, service and price. Even a good apartment may underperform if guest preparation and check-in are weak.
Investors should review not only nightly price, but also occupancy calendar, vacancy periods, cleaning, repairs, commissions and management fees.
How to prepare the property
Basic preparation includes furniture, appliances, textiles, internet, instructions, photos, house rules and fast communication.
If the property is managed by a company, the contract should describe commissions, expenses, reports, damage responsibility, repairs and payout timing.
How to calculate yield
Calculate net result, not gross revenue. Deduct commissions, cleaning, utilities, repairs, vacancy, taxes, bank costs and a reserve for renewal.
Transparent management means regular reports, expense confirmations and clear access to property data.