Matrix on Guramishvili in Tbilisi

Name: Matrix on Guramishvili
Brand: Matrix Group
SKU: 73
Availability: InStock

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Project info

Object ID: 73

Finished at	December 2018
Price, m²	From 560$
Buy online	Details
Installment plan	Individually, by agreement with the developer
Bank mortgage
Property type	Aparment building
Floors	13
Apartments	82
Building phase	Carcase finished
Condition	Black walls
Construction type	Monolyth
Security	Intercom CCTV Security
Conveniences	Parking Underground parking Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Ghrmaghele 2 min Guramishvili 6 min Sarajishvili 14 min Didube 19 min Gotsiridze 21 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

8,103$

Rental income

1,103$

Management

689$

Utilities

405$

5% Income tax

5,906$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	32%	10	25$	250$
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		194		8103$
Average		52%		37$

Total invested

16,800$

Net profit

5,906$

Payback period

2.1 years

Avg property value increase per year

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About the project

The residential complex on 64 Guramishvili Avenue in Tbilisi is a stylish modern house from developers "Arcon" and "Matrix Group".

Location

The complex is located on David Guramishvili Avenue near the intersection with Ksani street, about two hundred meters from the Grmagele metro station. It takes about three minutes to get to the ground transport stop. There are about a dozen routes near the residential complex.

The disadvantage of the location of the new building is a fairly large industrial zone next door.

The neighborhood has a well-developed social infrastructure, as well as shopping and entertainment. Next to the residential complex are a theatre, a hotel, some shops, cafes and beauty salons. Within a kilometer there is a school and kindergarten, pharmacies and a post office.

Features of the complex

The residential complex on Guramishvili str. 64 is constructed by means of environmentally friendly materials. The developers "Arcon" and "Matrix Group" use the technology of monolithic casting to create a strong reinforced frame.

Taking into account the peculiarities of the local climate, panoramic glazing of Windows, doors of balconies and loggias is performed.

On the local territory

The residential complex project plans guest parking spaces for cars on the territory of the house and internal parking on the two lower floors of the building. Also in the new building will be office space on the third floor, and in the courtyard – a recreation area. Street lighting is provided.

About the apartment

Apartments are sold in the building from the fourth to the thirteenth floor. Convenient layout and high quality of finishing green frame, according to reviews on forums, fully justify the stated cost of housing.

In the residential complex on Guramishvili Avenue 64, you can buy an apartment if you pay the entire amount at once or by making an installment agreement with the company's representatives. The mortgage is provided on individual terms. Photos from the construction site are published on the official website.