Domus Chavchavadze 31 in Tbilisi

Name: Domus Chavchavadze 31
Brand: Domus Development
SKU: 2288
Availability: InStock

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Project info

Object ID: 2288

Finished at	December 2021
Price, m²	From 2500$
Housing class	No
Buy online	Details
Installment plan	installment with a period of 30 months
Bank mortgage
Property type	Aparment building
Square	from 98.00 m²
Floors	20
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Medical University 13 min Technical University 15 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

245,000$

Net profit

9,376$

Payback period

20.8 years

Avg property value increase per year

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About the project

The main inspiration for the architectural concept was the landscape of the public square, as well as the composition, plasticity and texture of large – scale perennial plantings-trees that existed on the project territory.

It was this landscape and trees that were crucial when creating a composition of three buildings with different shades and heights - similar to groups of trees.

This concept is also supported by a variety of gardens, greenhouses and plants on each floor of the building.

The theme of the exterior of the building is also a leitmotif in the interior, where vertical wooden elements and natural textures prevail in the design details.

On each floor, in the passages to the elevator or in the corridors, the green exterior concept is a constant companion and harmoniously merges with the interior through large stained glass windows.

Developer

The company Domus was founded on September 15, 2006. Our mission is to create an environment where everyone will feel in harmony. Since its …
Details about Domus Development