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House on Politkovskaia in Tbilisi

Name: Sales in House on Politkovskaia started!
Start: 2020-05-17T11:35:00.496173+00:00
End: 2023-12-31T23:59:59+0000
Location: House on Politkovskaia

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Project info

Object ID: 7386

Finished at	December 2020
Price, m²	From 750$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 53.00 m²
Floors	12
Building phase	30% finished
Condition	Without finishing
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations State University 8 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

39,750$

Net profit

7,229$

Payback period

4.2 years

Avg property value increase per year

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Promos and discounts for House on Politkovskaia

About the project

The residential complex on 29 Anna Politkovskaya Street in Tbilisi is a European-level property that attracts with its stylish architecture and comfortable living conditions. Construction is underway in the western part of the capital, which in recent years has been actively developing, becoming an increasingly prestigious place to live.

Infrastructure

In close proximity to the construction site work Sukhumi State University, Pedagogical University. Grigola Peradze, Tbilisi State University. Also nearby are Zgapari Supermarket, Consilium Medulla-multiprofile clinic, Eastern Orthodox Church. A little further Fresco supermarket, Innova Medical Center hospital, Olympus pool, Oktupus fitness center.

Transport

Only 700 meters separate the new building from the metro station State University. Nearby public transport runs along Anna Politkovskaya Street and is represented by routes No. 6 and 140. If you go a little further to Sandro Euli Street, you can take buses No. 21, 54, 92, 150.

Project Features

The residential complex on Anna Politkovskaya 29 in Tbilisi is a terrace-type building whose height will be 12 floors. The developer uses a monolithic-frame construction technology, which guarantees the strength, durability and reliability of the structure. The first floors are non-residential and are intended for the placement of infrastructure facilities. At the underground level there will be a spacious parking lot. For the decoration of the facades, a stylish combination of materials of brown, black and beige colors is chosen.

Apartments

The new building offers 1-2-room apartments with an area of 43 and more square meters. Room decoration - green frame. All apartments have spacious open balconies with beautiful panoramas of the surroundings.

You can purchase square meters under different conditions, including interest-free installments. You can learn more about this at the sales office of the Elite Construction developer.