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Krtsanisi Twins in Tbilisi

Name: Sales in Krtsanisi Twins started!
Start: 2021-05-21T06:43:06.541624+00:00
End: 2023-12-31T23:59:59+0000
Location: Krtsanisi Twins

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Project info

Object ID: 12263

Finished at	November 2019
Price, m²	From 1000$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 57.40 m²
Floors	12
Building phase	Completed
Condition	Without finishing
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Samasi Aragveli 8 min Avlabari 15 min Isani 19 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

57,000$

Net profit

7,229$

Payback period

6.0 years

Avg property value increase per year

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Promos and discounts for Krtsanisi Twins

About the project

Krtsanisi Twins is a multifunctional residential complex with spectacular architecture, a well-thought-out security system, and a large selection of spacious apartments.

Where is the complex located?

The Krtsanisi Twins are located on the territory of Ortachala, which is considered one of the cleanest and most prestigious neighborhoods in Tbilisi. The exact location is Gorgasali street No. 63, not far from the intersection with Krtsanisskaya street. Nearby are the Botanical Garden and the Old Town, which are clearly visible from the large windows of the apartments.

What's around?

Within walking distance, there is a kindergarten, school No. 144, the supermarkets "Fresco", "Ioli", and "Populi", New Hospital, and the Clinic of Neurology and Neurosurgery.

How to get around?

At the border of the territory of the Krtsanisi Twins, there is a stop that is only served by bus route number 31. If you go a little further along Gorgasali Street, you can take buses No. 44, 50, 55, 57, 71, 80, and 102. Less than 1 km from the new building is the “Ortalach” bus station. The nearest metro station is “300 Aragviytsev” which is almost 1.5 km away.

What are the project features?

The Krtsanisi Twins in Tbilisi houses premium properties. The complex consists of two buildings with a varying number of storeys. During construction, only the best materials and the most modern building technologies are used. Natural marble and granite are used for the decor of the entrances and corridors.

What is inside?

The entrance to the territory is equipped with a modern access control system with electronic keys, which guarantee an increased level of security.

The Krtsanisi Twins have spacious three-level parking that can accommodate 158 cars. The first floor is designed to accommodate the internal infrastructure and commercial areas. It also provides a state of the art fitness center, a sauna, and a temperature-controlled swimming pool.

The courtyard is decorated with a system of vertical landscaping, which will add special charm to this space.