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Didube Tower in Tbilisi

Name: Sales in Didube Tower started!
Start: 2021-05-31T12:07:47.306189+00:00
End: 2023-12-31T23:59:59+0000
Location: Didube Tower

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Project info

Object ID: 12390

Finished at	April 2023
Price, m²	From 1000$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 65.50 m²
Floors	33
Condition	Black walls
Ceiling height	3.00 m.
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Spa Fitness Pool Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Tsereteli 1 min Nadzaladevi 8 min Station Square2 10 min Gotsiridze 12 min Technical University 13 min Marjanishvili 17 min Rustaveli 19 min Didube 19 min
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Personal discount certificate 300$
Free consultation	Ask a question

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

65,000$

Net profit

7,813$

Payback period

6.4 years

Avg property value increase per year

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About the project

Didube Tower is a new residential complex nestled in Tbilisi that rises up to 33 storeys and amazes passersby with its unique architecture.

Where is the complex located?

The new tower is placed in a sustainable district of the capital that boasts an abundance of top-notch amenities and wonderful transport links.

Didube Tower is located within 270 meters of the Tsereteli station.

The distance from the new residential complex to the general education school No.100 is just 100 meters, while school No.166 is 250 meters away. A bit further away lies a memorial park, and the IB-Mthiebi school is nestled 350 meters away from Didube Tower.

Further amenities within easy reach of the tower include McDonald's, the Golden Rose and Happylist shopping centres, a police station, a Liberty Bank office and Bank of Georgia, ATMs, and a wide array of grocery stores.

What are the technical features?

Didube Tower is located on 35/37 Akaki Tsereteli Avenue, Tbilisi. Created by the UAE investors, the new residential complex meets all international standards. Furthermore, the soaring tower is the tallest building in the capital to date. To grant some peace of mind, the risks associated with the construction have been insured by the KSB bank.

To enhance the building’s operational characteristics, the developer has been using cutting-edge technologies and superb-quality materials.

The new residential complex’s hall and communal areas boast unique interiors. Didube Tower features contemporary engineering equipment. For maximum security, the building is equipped with a multi-stage access control system. Moreover, the fire protection system complies with the necessary requirements. Each floor features smoke detectors as well as fireproof doors.

Amenities and facilities

The first 4 floors are home to retail facilities.

The courtyard is planned to be landscaped and feature plenty of greenery.

Other amenities at Didube Tower include:

Three levels of underground parking

Guest parking

Fountains

Children’s playgrounds

Cafés and restaurants

Outdoor swimming pool on the 22nd floor

Gym with panoramic windows

SPA

Lounge bar with access to the terrace

Developer

About usRoyalGroupThe company Royalgroup is fully productive in the real estate market.The company was founded in 2014 by Arab and Georgian …
Details about ROYAL GROUP