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Galaxy Terrace in Tbilisi

Name: Galaxy Terrace
Brand: Galaxy Costruction
SKU: 2282
Availability: InStock

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Project info

Object ID: 2282

Finished at	December 2021
Price, m²	From 580$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 43.00 m²
Floors	12
Apartments	206
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

24,940$

Net profit

6,783$

Payback period

2.8 years

Avg property value increase per year

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About the project

Galaxy Construction Premium Residential Complex - Galaxy Terrace

- 700 meters from Agmashenebeli Avenue, 900 meters from Goodwill

- Terraced house

- Best views - Best tree species with greenery, terraces, recreation and entertainment areas

- There will be an entertainment area for children, where your children can have fun and relax.

- A fenced yard with a camera will ensure your peace of mind

- A three-level, convenient, secure underground parking lot that fully provides parking

- Premium class entrance equipped with cameras and intercom, two passenger and freight elevators

Galaxy Construction-Change your life for the better!

Developer

Galaxy Costruction is a construction and development company that has been operating in the Georgian construction market for 4 years, and it…
Details about Galaxy Costruction