Politkovskaia 57 in Tbilisi

Name: Sales in Politkovskaia 57 started!
Start: 2021-05-27T07:51:38.748773+00:00
End: 2023-12-31T23:59:59+0000
Location: Politkovskaia 57

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Project info

Object ID: 12340

Finished at	December 2017
Price, m²	From 650$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 65.60 m²
Floors	14
Apartments	39
Building phase	Completed
Condition	Without finishing
Ceiling height	3.30 m.
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations State University 15 min
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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

42,250$

Net profit

7,813$

Payback period

4.2 years

Avg property value increase per year

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Promos and discounts for Politkovskaia 57

About the project

The new high-rise building is located on 57 Anna Politkovskaya Street in Tbilisi, on the edge of the forest, and offers spacious, ergonomic apartments

Where is the complex located?

The new building is located in the Saburtalo district on the outskirts of the city in an ecologically clean area, eight kilometers from city hall. The nearest metro station, "State University", is no more than one and a half kilometers away. There is a public transport stop a hundred meters away from the complex, where buses run on two routes with a minimum interval of eleven minutes.

Sukhumi State University is located next to the complex, and it is 1.5 km to Tbilisi State University. Nearby are the secondary schools №126, №128, and №35, as well as kindergarten-nursery №195 and kindergarten "Kids Planet". There is a grocery store next to the complex, and the nearest supermarket is a little over one kilometer away.

What are the project features?

The residential complex on 57 Anna Politkovskaya Street in Tbilisi is a fourteen-storey building with one entrance. The complex is designed in a modern style, taking into account the peculiarities of the local climate and traditions.

The building has a monolithic reinforced concrete frame while the facade is insulated with an environmentally friendly heat insulator and faced with decorative plaster.

All windows and balcony doors are made with panoramic glazing in energy-efficient metal-plastic frames.

The transparent enclosures of the loggias provide a high degree of insulation on the premises. The energy-saving technologies that are applied help reduce utility costs. The building has modern technological equipment and a reliable silent cargo-passenger elevator.

Amenities and Facilities

The building on 57 Anna Politkovskaya Street offers the following amenities and facilities:

Guest parking spaces

Two-level underground parking

Children's playground

Football pitch

The territory of the complex is fenced and you can only get inside through the checkpoint. There are pedestrian paths and driveways near the building, street lighting devices are installed, and trees and ornamental plants decorate the premises.