American Homes in Tbilisi

Name: Sales in American Homes started!
Start: 2021-05-25T11:29:36.174154+00:00
End: 2023-12-31T23:59:59+0000
Location: American Homes

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Project info

Object ID: 12325

Finished at	September 2020
Price, m²	From 780$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 208.40 m²
Floors	2
Building phase	Completed
Condition	Without finishing
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

162,240$

Net profit

9,376$

Payback period

13.8 years

Avg property value increase per year

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About the project

American Homes is a new residential project, ready to offer a profitable alternative to apartments in multi-storey new buildings. The nits come in the form of comfortable and modern private houses.

Where is the complex located?

American Homes is located on Montparnasse Street No. 21 in Tbilisi. This is a part of the Didi Digomi district with mainly private housing. The location is green and calm, with a measured rhythm of life, in which there is no place for haste and stress.

What's around?

In the immediate vicinity of the homes there are hardly any facilities. However, within a radius of 10-15 minutes, you can find most things necessary for everyday life. Here you can find the supermarket Ori Nabiji, grocery store Eco Mar, and school number 192. By car, you can quickly reach all the things that the capital has to offer.

How to get around?

It is about 500 meters from the complex to King Miriam Street which provides several bus stops along the street. These are served by routes No. 14, 15, 21, 32, and 54. It is about 3 km to Agmashenebeli Alley. The nearest metro station is “Sarajishvili”, which is almost 6 km away.

What are the project features?

American Homes in Tbilisi is an American-style village that will consist of nine individual buildings. Only safe and environmentally friendly materials that have passed strict control are used during construction. The buildings are energy-efficient allowing owners to save on utility bills.