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House on Beliashvili 70 in Tbilisi

Name: Sales in House on Beliashvili 70 started!
Start: 2021-05-24T08:22:04.125513+00:00
End: 2023-12-31T23:59:59+0000
Location: House on Beliashvili 70

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Project info

Object ID: 12292

Finished at	December 2019
Price, m²	From 650$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 42.80 m²
Floors	15
Apartments	126
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Elevators	2
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Ghrmaghele 13 min Didube 17 min Guramishvili 18 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

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

27,300$

Net profit

6,783$

Payback period

3.0 years

Avg property value increase per year

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About the project

What is the location of the complex?

The residential complex is located in the Digomi district, on Beliashvili Street No 70 in Tbilisi and was commissioned at the beginning of 2019, so buyers of apartments here have the opportunity to visit the actual apartments for sale.

The new building is just 100 meters from the bank of the Kura River and a five-minute walk from Digomi Park. The location is well developed with all essential amenities and facilities nearby.

What's around?

Next door is a complex of medical institutions, among which are the Central Children's Hospital, the Center for Allergy and Immunology, the Emergency Cardiology Center, and the Center for Angiology and Vascular Surgery. Also nearby are the Dinamo Academy Sports Complex, supermarket EconomMix, restaurant Taglaura, School 140, Digomi Food Market, entertainment centerAstra Park, and an Orthodox Church.

How to get around?

The nearest public transport stop on Beliashvili is a few steps from the complex where bus lines No. 46, 121 depart. A little further, but also very close, buses No. 3, 20, 21, 24, 26, 51 go along Ljubljanskaya street. From Beliashvili street, you can go to Balanchini Street and Gldani Bridge by car, as well as cross the Didubian bridge, which gets you to the other side of the Kura. The “Didube” metro station, as well as the railway station and bus station with the same name, are at a distance of about 2.5 km from the new building.