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House on Lortkipanidze in Tbilisi

Name: Sales in House on Lortkipanidze started!
Start: 2020-01-10T11:21:58.386764+00:00
End: 2023-12-31T23:59:59+0000
Location: House on Lortkipanidze

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Construction

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Project info

Object ID: 3521

Finished at	March 2022
Price, m²	From 700$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 110.00 m²
Floors	13
Apartments	63
Building phase	Foundation
Condition	Black walls
Ceiling height	3.00 m.
Construction type	Monolyth
Elevators	2
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Varketili 7 min Samgori 18 min
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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

77,000$

Net profit

9,376$

Payback period

6.6 years

Avg property value increase per year

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About the project

About house

Cadastral number

01/19/34.002.195

Number of houses

Elevator

2 passenger

Parking

underground, guest

Storeys

thirteen

About apartments

Ceiling height

3.0 m

Number of apartments

The number of apartments

2-room, 3-room, 4-room, 5-room

Apartment Area

110.5–256.7 m2

Developer

“ AMTSE GROUP” HAS BEEN POSITIONED SINCE 2016 ON THE CONSTRUCTION INDUSTRY OF GEORGIA AS THE IMPORTER OF TOWER CRANES, SELF-ERECTING AND MOB…
Details about Amtse Group