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Central Tower in Tbilisi

Name: Sales in Central Tower started!
Start: 2021-05-28T13:38:33.305631+00:00
End: 2023-12-31T23:59:59+0000
Location: Central Tower

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Project info

Object ID: 12373

Finished at	February 2022
Price, m²	From 2000$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 48.40 m²
Floors	15
Apartments	150
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Underground parking Commercial area Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Medical University 4 min Technical University 15 min Delisi 20 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

96,000$

Net profit

6,783$

Payback period

10.6 years

Avg property value increase per year

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About the project

Девелоперская компания Archigram project "Central Tower" расположена в центре Сабуртало, в одном из самых оживленных и престижных районов, на улице Сулхана Цинцадзе, N57.

«Central Tower» - это 15-этажный многофункциональный жилой комплекс с уникальной архитектурой, а также офисные и коммерческие помещения, детское пространство, спортивная площадка, санаторий с бассейном, услуги консьержа в холле.

Комплекс полностью отвечает потребностям современного человека, гарантирован его универсальностью и качественным сервисом.

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