Urbnisi Palasi in Tbilisi

Name: Sales in Urbnisi Palasi started!
Start: 2021-05-24T08:47:00.310311+00:00
End: 2023-12-31T23:59:59+0000
Location: Urbnisi Palasi

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Project info

Object ID: 12293

Finished at	December 2018
Price, m²	From 620$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 54.00 m²
Floors	16
Building phase	Completed
Condition	Black walls
Ceiling height	3.05 m.
Construction type	Monolyth
Elevators	2
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Didube 4 min Gotsiridze 12 min Ghrmaghele 15 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

33,480$

Net profit

7,229$

Payback period

3.5 years

Avg property value increase per year

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About the project

Residential complex Urbnisi Palasi - a finished new building with a stylish design, offering apartments up to 250 m2. Construction was completed in 2018.

Where is Urbnisi Palasi located?

The building was built on the territory of the III quarter in the Digomi area. The area on the right bank of the Kura River is considered favorable from an environmental point of view and is fully provided with the necessary infrastructure. Only 200 meters separate Urbnisi Palasi from the promenade.

What's around?

Buyers of apartments in Urbnisi Palasi can expect to find all the necessary services in the immediate vicinity of the house. Nearby are kindergarten number 11, and school numbers 147, 169, and 130. The nearby shopping establishments include the Furshet supermarket, the Digomi grocery market, the Zodi construction hypermarket, Art home, and the Brikorama shopping center. The nearest medical institutions are the Iashvili Central Children's Hospital, the Chafidze Emergency Cardiology Center, and the Medi Clinic medical center.

Noteworthy is also the proximity of the two sports facilities, the Dynamo Stadium and the Avaza Sports Complex. The Texel Park, Digomi Park, and several small squares are also nearby.

How to get around?

The public transport stop closest to the new building is located on Robakidze Avenue. Here more than a dozen bus routes depart, including numbers 7, 15, 20, 21, 26, 27, 38, and others. Less than 1 km separate the new building from the “Didube” bus station located on the other side of the Kura River, as well as the railway station and metro station of the same name.

By car, you can quickly go to Marshal Gelovani Avenue, as well as other significant highways on the right and left banks.

What are the project features?

Urbnisi Palasi in Tbilisi is a modern mid-rise tower with 16 floors. The building has a non-standard shape with stylish gray-white facades. The building has a single entrance, but for the convenience of the owners, it has two elevators that will help you quickly get to the desired floor. The building is connected to all necessary communications such as water, electricity, and sewage.