Viva Bagebi in Tbilisi

Name: Sales in Viva Bagebi started!
Start: 2021-03-10T07:19:11.704174+00:00
End: 2023-12-31T23:59:59+0000
Location: Viva Bagebi

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Project info

Object ID: 11445

Finished at	December 2018
Price, m²	From 800$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 37.00 m²
Floors	12
Apartments	83
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Vazha-Pshavela 12 min Delisi 18 min State University 21 min
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Personal discount certificate 300$
Free consultation	Ask a question
Resale properties in this project	Found 3 object(s)

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

29,600$

Net profit

5,883$

Payback period

3.7 years

Avg property value increase per year

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About the project

Residential complex "Viva Bagebi" in Tbilisi - is an eco-house in an ecologically clean district!

Location

The building is five and a half kilometers away from the center of the capital, on the west it borders Vake, location - Tskneti Highway, 15/17. It is mainly dominated by cottage-type houses, the surrounding area is quite green and there are no industrial enterprises around.

Life in the micro-district is comfortable, but the proximity to Vake Cemetery, which is just two hundred meters away, may not be so pleasant. The Georgian Ethnographic Museum, Mikheil Meskhi Stadium, the Ministry of Sport and Youth Affairs of Georgia and the Consulate are nearby. One kilometer away is a Georgian wine house, a musical instrument store, a supermarket "Populi", a shopping center "Goodwill", two swimming pools and a fitness club.

Architecture

Residential complex "Viva Bagebi" - a unique building with two entrances, created in the traditional Georgian style, with wide balconies and panoramic glazed windows.

The project provides high seismic resistance thanks to durable monolithic reinforced concrete frame. The walls of the residential complex from energy-saving building blocks provide protection from city noise.

The house is equipped with:

Installed reliable noiseless elevators from the firm "Shindler" - two units, at each entrance;

High quality engineering systems from well-known manufacturers;

Two-level underground parking, located in the basement of the building.

Internal infrastructure

Temporary parking for guests' vehicles is arranged on the territory of the complex. It is planned to create recreational zones and a thematic children's playground. Energy-saving outdoor lighting is installed, ornamental plants are planted.

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