Mirax Garden in Tbilisi

Name: Sales in Mirax Garden started!
Start: 2021-06-01T11:43:30.232819+00:00
End: 2023-12-31T23:59:59+0000
Location: Mirax Garden

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Project info

Object ID: 12407

Finished at	December 2021
Price, m²	From 580$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 29.90 m²
Floors	10
Apartments	108
Condition	Black walls
Ceiling height	3.00 m.
Construction type	Monolyth
Elevators	2
Security	Security
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Akhmetelis Teatri 17 min
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Personal discount certificate 300$
Free consultation	Ask a question

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

16,820$

Net profit

5,906$

Payback period

2.1 years

Avg property value increase per year

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About the project

Where is the complex located?

The residential complex is located on Omar Khizanishvili Street No. 108 in Tbilisi. This is near the intersection of Khizanishvili and Leselidze street, on the territory of the 6th quarter of Gldani. The location has many advantages such as a comfortable infrastructure, favorable transport accessibility, proximity of the metro, and good ecology.

What's around?

The surrounding infrastructure is typical for most of the suburban parts of the capital. Nearby there are several kindergartens, schools No. 71, 115 and 132, a clinic, and a women's consultation clinic. You can do the shopping in one of the supermarkets Carrefour, Fresco, or Nikora. Also nearby is a swimming pool, the Orthodox Church of the Holy Archangels, the Rose Revolution Park, and several bank branches.

What are the transport options?

Nearby public transport runs along Khizanishvili and Leselidze street and is represented by bus routes No. 23, 24, 32, 33, 51. About 1.5 km from the complex is the “Akhmeteli Theater” metro station. The Tbilisi Passenger Railway Station is approximately 12 km away. By car, you can quickly get to the Bypass Road, Kerchenskaya Street, and Gldani Bridge.

What are the architectural features?

The residential complex on 108 Omar Khizanishvili in Tbilisi is a modern 10-storey building with unusual architecture. The house is designed in a way that makes it stand out from the surrounding buildings.

The area around the house will be fenced and landscaped. The yard area will be about 4,200 m2. For residents there is underground parking and guest parking can be found next to the building.