Viva Zhvania in Tbilisi

Name: Viva Zhvania
Brand: Viva Development
SKU: 11442
Availability: InStock

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Project info

Object ID: 11442

Finished at	—
Price, m²	From 780$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 51.00 m²
Floors	8
Condition	Turnkey
Ceiling height	3.00 m.
Construction type	Monolyth
Security	Security
Conveniences	Parking Underground parking Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Technical University 16 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

39,780$

Net profit

7,229$

Payback period

4.2 years

Avg property value increase per year

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About the project

Developer

Viva Development is a member of Viva Group, which has been operating in the market since 2009. The company's experienced management ensures …
Details about Viva Development