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Hualing Tbilisi Sea New City in Tbilisi

Name: Sales in Hualing Tbilisi Sea New City started!
Start: 2021-06-03T12:20:39.275605+00:00
End: 2023-12-31T23:59:59+0000
Location: Hualing Tbilisi Sea New City

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Project info

Object ID: 12451

Finished at	June 2021
Price, m²	From 660$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 35.00 m²
Floors	10
Condition	Without finishing
Construction type	Monolyth
Security	Intercom CCTV Security Reception
Conveniences	Parking Fitness Pool Commercial area Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Varketili 20 min
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Personal discount certificate 300$
Free consultation	Ask a question
Resale properties in this project	Found 1 object(s)

Return on investment for apartment

with price

8,078$

Rental income

1,103$

Management

689$

Utilities

403$

5% Income tax

5,883$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	25$	225$
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		193		8078$
Average		52%		37$

Total invested

23,100$

Net profit

5,883$

Payback period

2.9 years

Avg property value increase per year

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Promos and discounts for Hualing Tbilisi Sea New City

About the project

Residential complex “New City on the Tbilisi Sea” is located in an ecologically clean area near the Tbilisi reservoir, near Victor Kupradze Street and 2 kilometers from the Varketili metro station. The complex was commissioned at the end of 2017.

What is around?

There are not many facilities around the new complex, but all basic things needed in life are within walking distance. Nearby are several shops, pharmacies, a kindergarten, and a comprehensive school. At a distance of one kilometer is the Dendropark.

What are the architectural features?

Residential complex New City on the Tbilisi Sea is a large project from developer “Hualing Group” and covers an area of 420 hectares.

During the construction, certified high-quality materials and modern technologies were used, which resulted in buildings with excellent energy efficiency indicators and a high level of comfort.

The company paid much attention to the exterior of the complex and the technical equipment of the new buildings. The facades are insulated, waterproofed, and lined with ceramic tiles.

What amenities and facilities are on-site?

The complex has cozy green areas with artificial ponds and gazebos. Furthermore, there are playgrounds, bike, and jogging paths, as well as ample parking. There is also a commercial area that offers the following:

Schools

Post offices

Entertainment facilities

Fire stations

Wellness centers

On the territory are even police stations, providing a maximum sense of safety.

Developer

Since 2007, Hualing Group has been investing resources in the development of Georgia, the company acquired the right to use the annual reser…
Details about Hualing Group