Saburtalo Hills 2 in Tbilisi

Name: Sales in Saburtalo Hills 2 started!
Start: 2021-05-27T09:02:02.931036+00:00
End: 2023-12-31T23:59:59+0000
Location: Saburtalo Hills 2

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Project info

Object ID: 12345

Finished at	March 2021
Price, m²	From 720$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 116.10 m²
Floors	5
Apartments	44
Condition	Without finishing
Ceiling height	2.95 m.
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations State University 16 min
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Personal discount certificate 300$
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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

83,520$

Net profit

9,376$

Payback period

7.1 years

Avg property value increase per year

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About the project

Saburtalo Hills 2 is built on the hills of Saburtalo and offers a completely new level of life.

Where is the complex located?

Saburtalo Hills 2 is situated on the western edge of the city, on Anna Politkovskaya Street No. 18a in Tbilisi. This is an area with lots of ongoing construction and rapidly developing infrastructure. The main advantages of the location include excellent ecology, clean air, and beautiful panoramic views of the surroundings.

What's around?

Not far from the new building is a Nikora supermarket, a branch of VTB Bank Georgia, a Noem office, a furniture store, Sukhumi State University, and the Jikia pool.

What transportation is available?

A little more than 1 km separates the new building from the “State University” metro station. On Anna Politkovskaya street bus routes 6 and 140 serve the neighborhood. The distance from here to the Tbilisi railway station is just over 8 km.

What are the project features?

Saburtalo Hills 2 in Tbilisi is a new building with complex architecture. After the completion of the construction work, the complex will become a stylish, modern, and energy-efficient home. The project is relatively small and offers only 44 apartments. The ground floor is reserved for commercial activities and underground parking is available for residents of the complex. The green landscaped courtyard, with an area of about 400 m2, is the perfect place to relax.

The building is equipped with modern fire safety systems, including a state of the art fire extinguishing system.