David Agmashenebeli Avenue in Tbilisi

Name: Sales in David Agmashenebeli Avenue started!
Start: 2020-01-10T11:02:16.154326+00:00
End: 2023-12-31T23:59:59+0000
Location: David Agmashenebeli Avenue

Sales from the developer completed

Renders

Construction

Live Stream

Sold

Property for sale in David Agmashenebeli Avenue — look at the real estate search engine GEOLN.COM. Photo 1

Property for sale in David Agmashenebeli Avenue — look at the real estate search engine GEOLN.COM. Photo 2

Property for sale in David Agmashenebeli Avenue — look at the real estate search engine GEOLN.COM. Photo 3

Reviews about David Agmashenebeli Avenue

There are no reviews yet. You can be the first who rates it

Project info

Object ID: 3519

Finished at	December 2020
Price, m²	From 360$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 45.00 m²
Floors	18
Apartments	238
Condition	Black walls
Ceiling height	3.00 m.
Construction type	Monolyth
Elevators	2
Security	CCTV Security
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket
Add to free Travel & Invest tour
Add to autotour
Personal discount certificate 300$
Free consultation	Ask a question

Return on investment for apartment

with price

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

16,200$

Net profit

6,783$

Payback period

1.8 years

Avg property value increase per year

Open ROI calculator

Promos and discounts for David Agmashenebeli Avenue

About the project

The Royal Tower residential complex fully justifies its royal name, because after the completion of construction work the new building will become one of the most stylish buildings in the area.

Location

The building plot is located in the Didi digomi area near the Agmashenebeli alley and just 200 meters from the Goodwill hypermarket. The main advantages of the location are excellent transport accessibility, a high level of infrastructure development, comfortable communication with the left-bank part of the city.

What's around

In the immediate vicinity of the new building there are several trading establishments. In addition to Goodwill, there are also a Nikora supermarket, Europroduct store, Panorama shopping center, GP Motors auto accessories store, Techno Boom electronics store, Laboratory My Home furniture salon.

Of the medical institutions nearby, one can note the children's clinic, the Imedi Clinics medical center. The educational infrastructure is represented by Iberia schools, No. 186, Grigol Robakidze University.

Transport

The proximity of the Aghmashenebeli alley and a major traffic intersection guarantee the possibility of comfortable movement around the city both on your own car and on public transport. The nearest metro station is Sarajishvili, about 3 km on the opposite bank of the Kura. Public transport stops a couple of minutes walk. There are bus routes No. 14, 15, 21, 26, 32, 54, 84.

Project Features

Royal Tower LCD in Tbilisi consists of two sections 16 and 18 floors high. For the decoration of facades, the developer chose an interesting combination of materials of cream-milk and gray colors, and also decided to use window frames in the color of natural wood.

The yard has an area of 1,200 m2, which, after completion of construction work, will be landscaped and become a cozy and comfortable space for relaxation. A playground will appear here, lawns will be organized and additional landscaping will be carried out. The house has an underground parking, which can accommodate 61 cars.

Apartments

The new Royal Tower offers apartments of 45 m2 or more. Each of them has a spacious kitchen-living room and at least one separate bedroom. The layouts are thought out in such a way that the apartments have large windows and impressive sized balconies, accessed from several rooms. In an apartment of 93 m2, the balcony is located along the perimeter of two walls.