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4th microdistrict of the Nutsubidze plateau in Tbilisi

Name: Sales in 4th microdistrict of the Nutsubidze plateau started!
Start: 2020-01-10T08:37:42.809937+00:00
End: 2023-12-31T23:59:59+0000
Location: 4th microdistrict of the Nutsubidze plateau

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Project info

Object ID: 3504

Finished at	December 2020
Price, m²	From 950$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 36.00 m²
Floors	14
Building phase	Carcase finished
Condition	Black walls
Ceiling height	3.00 m.
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Vazha-Pshavela 8 min State University 12 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

8,078$

Rental income

1,103$

Management

689$

Utilities

403$

5% Income tax

5,883$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	25$	225$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		193		8078$
Average		52%		37$

Total invested

34,200$

Net profit

5,883$

Payback period

4.2 years

Avg property value increase per year

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About the project

About the complex

Cadastral number:

01.14.02.010.079

Number of houses:

Storeys:

About apartments:

Ceiling height

3.0 m

The number of apartments:

studio, 1-room, 2-room 3-room, 4-room-apartments, free planning

Apartment renovation:

black frame

Area of apartments:

37–133 m2

Developer

Construction company “Leader Group” was founded on the Georgian market in 2013 and leads the permanent active and successful constructing bu…
Details about Leader Group