Nasidze 2 in Tbilisi

Name: Sales in Nasidze 2 started!
Start: 2021-05-28T13:17:26.649067+00:00
End: 2023-12-31T23:59:59+0000
Location: Nasidze 2

Sales from the developer completed

Property for sale here (2)

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Project info

Object ID: 12372

Finished at	May 2021
Price, m²	From 850$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 57.00 m²
Floors	11
Apartments	42
Building phase	Completed
Condition	Without finishing
Ceiling height	3.00 m.
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Technical University 2 min Tsereteli 16 min Medical University 17 min Rustaveli 18 min
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Personal discount certificate 300$
Free consultation	Ask a question
Resale properties in this project	Found 2 object(s)

Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

48,450$

Net profit

7,229$

Payback period

5.1 years

Avg property value increase per year

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About the project

The residential building of the company "Archigram" is being built at 2 Nasidze Street, on "Khiliani", near Kostava Street.

The ten-storey project is located in a lively and prestigious district in the city center, 100 meters from the Metro Technical University.

The main advantage of the Nasidze Street project is its central location, which makes real estate attractive to the buyer, both residential and commercial.

Developer

Archigram as an architectural company was founded in 2013. The company soon expanded its business to include the following areas: Architect…
Details about Archigrami