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MEKAN in Tbilisi

Name: Sales in MEKAN started!
Start: 2022-07-21T11:25:08.025582+00:00
End: 2023-12-31T23:59:59+0000
Location: MEKAN

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Project info

Object ID: 20756

Finished at	August 2023
Price, m²	770$ — 850$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 39.50 m²
Floors	10
Building phase	Foundation
Condition	Turnkey
Construction type	Monolyth
Elevators	1
Security	Security
Conveniences	Parking Underground parking Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Samgori 17 min Isani 21 min
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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

30,030$

Net profit

5,883$

Payback period

3.7 years

Avg property value increase per year

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Promos and discounts for MEKAN

About the project

• Address: Tbilisi, Vazisubani, Jumber Lezhava st. 15

• Condition – green frame

• Minimum space – 39.5 sq.m.

• Status – ongoing

• Date of Handover – August 31, 2023

Buy an apartment in the Mekan project, in the most cozy and green environment of the city.

The Vazisubani project is one of the best structural constructions in the region, with high quality and proper infrastructure.

Download presentation of the project

Developer

🔴 Construction company Mekan (LTD Mekan) has been working since 2013 in the direction of implementation of investment, consulting and constr…
Details about MEKAN