Green Yard in Tbilisi

Name: Green Yard
Brand: SEU Development
SKU: 138
Availability: InStock

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Project info

Object ID: 138

Finished at	November 2017
Price, m²	From 910$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	19
Apartments	100
Building phase	Completed
Condition	Fresh renovation
Ceiling height	3.15 m.
Construction type	Monolyth
Security	Intercom CCTV Security
Conveniences	Parking Underground parking Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations State University 3 min Vazha-Pshavela 17 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

27,300$

Net profit

5,906$

Payback period

3.4 years

Avg property value increase per year

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About the project

The residential complex "Green yard" will be located in a quiet and environmentally friendly environment in a prestigious location in the city center. The metro station is a 7-minute walk away, while the school, swimming pool and sports field are just 50 meters away. Several educational institutions and ministry buildings are also located in the immediate vicinity of the Green yard complex.

Developer

SEU Development has been operating on the development market since 2014. The company’s team, which is composed of experienced professional…
Details about SEU Development