Apex Avlabari in Tbilisi

Name: Apex Avlabari
Brand: Apex Development
SKU: 12397
Availability: InStock

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Project info

Object ID: 12397

Finished at	December 2021
Price, m²	From 900$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 25.50 m²
Floors	11
Apartments	64
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 Samasi Aragveli 1 min Avlabari 13 min Isani 15 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

8,103$

Rental income

1,103$

Management

689$

Utilities

405$

5% Income tax

5,906$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	32%	10	25$	250$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		194		8103$
Average		52%		37$

Total invested

22,500$

Net profit

5,906$

Payback period

2.8 years

Avg property value increase per year

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About the project

Developer

The development company Apex Development was founded in 2013. The main priority she adheres to is the construction of real estate adapted to…
Details about Apex Development