Tsereteli Delux in Tbilisi

Name: Sales in Tsereteli Delux started!
Start: 2021-05-19T09:06:43.413599+00:00
End: 2023-12-31T23:59:59+0000
Location: Tsereteli Delux

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Project info

Object ID: 12241

Finished at	December 2021
Price, m²	From 900$
Housing class	No
Buy online	Details
Installment plan	Внутренняя беспроцентная рассрочка, 4 года
Bank mortgage
Property type	Aparment building
Square	from 54.50 m²
Floors	26
Apartments	202
Condition	Without finishing
Ceiling height	3.00 m.
Construction type	Monolyth
Elevators	2
Security	—
Conveniences	Parking Fitness Pool Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Tsereteli 3 min Gotsiridze 9 min Nadzaladevi 12 min Technical University 12 min Station Square2 15 min Didube 16 min Marjanishvili 21 min
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Personal discount certificate 300$
Free consultation	Ask a question

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

48,600$

Net profit

7,229$

Payback period

5.1 years

Avg property value increase per year

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Promos and discounts for Tsereteli Delux

About the project

Tsereteli Delux is a new multifunctional residential project from construction company X2 Development. The complex will house residential apartments, commercial and office premises, as well as amenities and facilities for residents.

Where is the complex located?

Tsereteli Delux is located on the territory of Didube district, on Tsereteli Avenue No 52 in Tbilisi. From here it is only 500 meters to the Kura embankment and a few minutes walk to the metro.

What's around?

Right next to Tsereteli Delux is the Didubian Church. Also nearby are the Megalain hardware store, supermarkets Populi, Nikora and Ioli, the Chiron Medical Center, and schools No. 100, 166. About 1 km from here are the Dynamo Arena, Mushtadi Park, and the Music and Drama Theater.

How to get around?

Metro station “Tsereteli” is just 400 meters from the new building. Public transportation stops are on the border of the complex. Here, buses No. 11, 15, 21, 27, 33, 46, 51, 84, 86 pass through Tsereteli Avenue. The Tbilisi Railway Station is approximately 1.5 km away. By car, you can quickly go from Tsereteli Avenue to Kutaisi street and then through Vakhushti Bagrationi to get to the right bank.

What are the project features?

Residential complex Tsereteli Delux in Tbilisi is a contemporary high-rise tower with 26 floors. The lower floors are designed for commercial premises and offices with their own infrastructure. The building is equipped with both a passenger and a freight elevator, which is especially important given its height.

Developer

The company "Xor" was founded in 2014, the founders together with the main team have many years of experience in the field of construction. …
Details about X2 Development