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K&S Development

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House on Tereverko 16 in Tbilisi

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Project info

Object ID: 12295

Finished at	June 2021
Price, m²	From 650$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 62.22 m²
Floors	7
Apartments	21
Condition	Without finishing
Ceiling height	3.00 m.
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Ghrmaghele 20 min Didube 21 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

10,110$

Rental income

1,103$

Management

689$

Utilities

505$

5% Income tax

7,813$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	22%	7	40$	280$
February	28	28%	8	40$	320$
March	31	16%	5	42$	210$
April	30	16%	5	50$	250$
May	31	38%	12	50$	600$
June	30	66%	20	55$	1100$
July	31	80%	25	90$	2250$
August	31	80%	25	90$	2250$
September	30	53%	16	75$	1200$
October	31	51%	16	50$	800$
November	30	33%	10	40$	400$
December	31	32%	10	45$	450$
Total	365		159		10110$
Average		42%		55$

Total invested

40,300$

Net profit

7,813$

Payback period

4.0 years

Avg property value increase per year

6%

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About the project

Developer

Details about K&S Development

Hotline

+995 (558) 7000 88

Toll-free number (USA):
+1 855 588 8066

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House on Tereverko 16 on the map of Tbilisi

16 Giorgi Tereverko St., Digomi

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