Dona Palace Ortachala in Tbilisi

Name: Sales in Dona Palace Ortachala started!
Start: 2021-05-20T12:32:48.602131+00:00
End: 2023-12-31T23:59:59+0000
Location: Dona Palace Ortachala

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Project info

Object ID: 12261

Finished at	February 2020
Price, m²	From 740$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 53.41 m²
Floors	17
Apartments	306
Building phase	Completed
Condition	Black walls
Ceiling height	3.00 m.
Construction type	Monolyth
Elevators	6
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Isani 12 min Samasi Aragveli 14 min
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Personal discount certificate 300$
Free consultation	Ask a question
Resale properties in this project	Found 1 object(s)

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

39,220$

Net profit

7,229$

Payback period

4.1 years

Avg property value increase per year

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About the project

What is the location of the complex?

Dona Palace Ortachala is located in the Ortachala area near the Kura embankment in Tbilisi. The distance to the city center is only 8 kilometers.

How to get around?

Nearby are the most important highways of the capital as well as a bridge across the river. The bus station is less than 200 meters. The nearest metro station is more than 2 kilometers away.

What's around?

Near the complex are several hotels and cafes. Within walking distance, there are also shops, a supermarket, a hospital, and a school. Here you can also find beauty salons, a post office, a bank, a fitness club, and a swimming pool.

What are the architectural features?

The multifunctional residential complex Dona Palace Ortachala is built from certified high-quality materials using advanced technologies.

The high energy efficiency of all four buildings provides a minimum cost of utilities. The buildings, with a height of 8-17 floors are equipped with perfect technological equipment and noiseless comfortable elevators near the entrances.

Developer

Donna Group Ltd. was established in Georgia in October 2009 by Georgian-Jewish businessman Shalom Shai (Shimshilashvili). Shalom Shai is the…
Details about Dona development