House on Lomouri in Rustavi

Name: Sales in House on Lomouri started!
Start: 2021-05-14T08:56:53.690030+00:00
End: 2023-12-31T23:59:59+0000
Location: House on Lomouri

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Project info

Object ID: 12199

Finished at	August 2021
Price, m²	From 700$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 39.10 m²
Floors	8
Apartments	28
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Near hospital
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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

27,300$

Net profit

5,883$

Payback period

3.4 years

Avg property value increase per year

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About the project

Residential building House on Lomouri is a multi-storey building with comfortable apartments and facilities of its own infrastructure, being built in a dynamically developing area of the city of Rustavi.

Location of the new building

The house is being built at st. Lomouri is 2.5 km from the Kura River. Mainly residential buildings of medium storey are concentrated around. There are no industrial facilities in the immediate vicinity, there is good infrastructure and ecology, and a convenient transport interchange will allow you to quickly get to the desired area of the city.

What's around

Near the residential building there are several grocery stores, a supermarket, a bank branch, a gas station, cafes and restaurants, MODUS college, Rustavi clinic, BluMoon shopping center.

Within a kilometer radius there are secondary schools №21, №22, kindergartens, educational institution "Me-4 SKOLA", pharmacies, fast food, dental clinic. The central market is one and a half kilometers away.

About transport accessibility

The nearest stop is a seven-minute walk away - several bus routes run next to the new building. The smallest movement interval is twenty minutes. The Rustavi-Passenger railway station is located at a distance of five kilometers.

Architecture

Railway House on Lomouri in Rustavi is a modern eight-storey new building, designed taking into account the possibilities of advanced technologies. The house is constructed from high quality environmentally friendly materials that meet international standards.

The monolithic reinforced concrete frame will provide the structure with the necessary seismic resistance, and also allow us to offer a wide variety of planning solutions for apartments. The outer walls are insulated with a durable thermal insulator and lined with stone, which provides good energy efficiency and reduces the cost of housing maintenance.

The new building is equipped with a fire alarm, modern technological equipment, central utilities, a passenger elevator.

The first floor from the street side has stained glass windows. High-quality finishing of common areas is being carried out.

Beautification principles

A comfortable recreation area with benches is being set up in the local area, walking paths and asphalt driveways are being laid, lanterns are being installed, ornamental plants and trees are planted.

Places for temporary parking of guest vehicles are allocated next to the new building. On the first level of the building there are commercial premises for shops, cafes, bank branches and other infrastructure facilities.