Vefkhistkaosani 50 in Tbilisi

Name: Sales in Vefkhistkaosani 50 started!
Start: 2021-05-25T06:45:32.073038+00:00
End: 2023-12-31T23:59:59+0000
Location: Vefkhistkaosani 50

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Project info

Object ID: 12313

Finished at	December 2021
Price, m²	From 500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 67.30 m²
Floors	10
Apartments	27
Condition	Black walls
Ceiling height	3.00 m.
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
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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

33,500$

Net profit

7,813$

Payback period

3.3 years

Avg property value increase per year

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About the project

Where is the complex located?

The residential complex is situated on Vephistkaosani street No 50 in Tbilisi and is a new project of Tory Development. The new building is situated in the Didi Digomi area, which is considered one of the most comfortable and environmentally friendly places to live.

What's around?

One of the landmarks in the vicinity of the new building is the Imedi Medical Center. Also nearby are the Nikora supermarket, a “Europroduct” store, a hardware store, a gym, and an orthodox church. It is about 700 meters from here to the Gulvil shopping center.

What forms of transportation are available?

Only 100 meters separate the new building from King Mirian Street and it is just over 1 km from here to Agmashenebeli alley. Public transport nearby is represented by buses No. 14, 15, 21, 32, 54. The “Sarajishvili” metro station is located at a distance of 3.5 km. The Tbilisi Passenger Railway Station is approximately 10 km away.

What are the technical features?

The residential complex on Vepkhistkaosani 50 in Tbilisi is a building of variable height and 9-10 floors. During construction, only high-quality and proven materials are used, guaranteeing the reliability and energy efficiency of the house.

Nearby there will be a small territory with parking spaces, a sports zone, and a children's playground.