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House on Mirian Mepe 42 in Tbilisi

Name: Sales in House on Mirian Mepe 42 started!
Start: 2021-05-24T12:28:50.582050+00:00
End: 2023-12-31T23:59:59+0000
Location: House on Mirian Mepe 42

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Project info

Object ID: 12307

Finished at	December 2018
Price, m²	From 650$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 83.80 m²
Floors	16
Apartments	56
Building phase	Completed
Condition	Without finishing
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
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Resale properties in this project	Found 1 object(s)

Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

53,950$

Net profit

9,376$

Payback period

4.6 years

Avg property value increase per year

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About the project

Where is the complex located?

The residential complex is located in the Didi Digomi district, on Mirian Mepe Street No 42 in Tbilisi. The complex is located at a distance of 11 kilometers from the center of the capital.

How to get around?

You can get to the historical part of Tbilisi by car along Agmashenebeli alley. You can also opt for a bus ride, as the bus stop is only a few steps away from the complex. The metro line is quite far from the complex with the nearest “Sarajishvili” station at 3.5 km.

What's around?

The micro-district in which the new building is located is quite new, but already well-equipped with facilities. Nearby there is a medical center, shops, pharmacies, and a post office. There also is a large supermarket, a school, and a cafe.

What are the technical features?

The residential complex on Mirian Mepe Street No 42 in Tbilisi is a fifteen-story residential building with one entrance.

The new building is being constructed from materials that comply with environmental safety standards. Using advanced energy-saving technologies reduces the cost of utilities while raising the level of comfort.

The complex is equipped with the best technological equipment, and silent elevators are installed near the entrance.

What is on the territory?

The landscaping of the territory will enhance the appearance of the building and residents can make use of a range of amenities.

Comfortable recreation area

Garden

Parking

Playground

On the ground floor of the building are several offices.

Developer

"SADA" LTD is founded on 11/02/2016, the company has target to built 15 stories comfortable residential complex in healthy environment from …
Details about Sada Group