BTG Group House in Tbilisi

Name: Sales in BTG Group House started!
Start: 2021-05-14T06:38:40.536219+00:00
End: 2023-12-31T23:59:59+0000
Location: BTG Group House

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Project info

Object ID: 12190

Finished at	May 2019
Price, m²	From 550$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 100.50 m²
Floors	12
Apartments	35
Building phase	Completed
Condition	Turnkey
Ceiling height	3.00 m.
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Varketili 2 min Samgori 15 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

55,000$

Net profit

9,376$

Payback period

4.7 years

Avg property value increase per year

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About the project

This is a commissioned new building from LTD BTG Group.

Where is the complex located?

The new house was built in the Vazisubani area, in the Airfield settlement No 2, No. 4-6 in Tbilisi. One of the advantages of its location is the proximity of the “Vaketili” metro station, which is at 200 meters. The building is located on a hill, and the windows of the apartments offer beautiful panoramic views of the surroundings.

What's around?

Within walking distance, there are two grocery stores, two clothing markets, and the supermarket "Fresco". Nearby are school numbers 146, 152, and 182. At a distance of about 1 km is the green territory of Samgori Park.

What are the transport options?

Located 200 meters from the “Vaketili” metro station, public transport is easily accessible. The nearest bus stops are also very close on Kaloubani and Javakheti streets. Here you can find routes No.’s 18, 19, 25, 39, 40, 50, 56, and others. The distance to the “Samgori” bus station is about 1.8 km, the “Naftlugi” railway station is a little closer.

The Kakheti highway passes at just 500 meters from the residential complex. This makes it possible to get to the airport in 10 minutes, as well as to other areas of the city.