Amashukeli 23 in Tbilisi

Name: Sales in Amashukeli 23 started!
Start: 2021-05-28T09:19:17.627833+00:00
End: 2023-12-31T23:59:59+0000
Location: Amashukeli 23

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Project info

Object ID: 12366

Finished at	April 2020
Price, m²	From 800$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 84.90 m²
Floors	17
Apartments	52
Condition	Without finishing
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Delisi 10 min Vazha-Pshavela 11 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

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

67,200$

Net profit

9,376$

Payback period

5.7 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 the street Elguja Amashukeli in Tbilisi, near Lisi park and 7.5 kilometers from the central part of the capital.

What's around?

The new building is surrounded by good ecology and there are no industrial zones or large freeways nearby. There is a bus stop and several public transport routes nearby.

Within walking distance, there are a gas station, kindergartens, hotels, a park, and a school. Nearby there are several shops, including grocery shops, a pharmacy, a supermarket, and a car wash.

What are the project features?

The residential complex on Elguja Amashukeli is being constructed according to a modern design using advanced technologies. The developer uses materials that meet the latest requirements for environmental safety, quality, and durability.

The new building is a contemporary high-rise tower with seventeen floors and built-in and attached premises. The high energy efficiency of the external walls provides comfort and a positive effect on utility costs.

The entrance is equipped with a noiseless elevator.

What is on the complex?

The new building is equipped with two-level underground parking. In the built-in and attached premises are commercial facilities such as retail outlets and offices.

Near the building, there is a parking lot for guests, a recreation area, and a playground. On the roof of the extension, a sports ground is being constructed.