Archi Gldani 3 in Tbilisi

Name: Archi Gldani 3
Brand: Archi Group
SKU: 2294
Availability: InStock
Rating: 5.00 (1 reviews)

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Reviews about Archi Gldani 3

davit

Original language: Georgian

mogesalmebit

Project info

Object ID: 2294

Finished at	September 2021
Price, m²	From 650$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 50.00 m²
Floors	15
Apartments	218
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Akhmetelis Teatri 7 min Sarajishvili 12 min Guramishvili 20 min
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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

32,500$

Net profit

6,783$

Payback period

3.6 years

Avg property value increase per year

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About the project

Archi Gldani a 15-storey residential building located in the Central part of Gldani, on 4 Khizabavra street. The project provides 218 apartments and 2-level parking space. Apartments in Gldani 3 will come with a premium frame, which is an exclusive Ark product, and will additionally include heating pipes and low-emission glazing, which will save 30% on energy consumption.

The 15-storey building offers residents comfortable living conditions. It fully meets the interests and needs of the residents. The project provides 2-level parking lot and 1200 sq. m. recreation area. The infrastructure around Archi Gldani 3 is very well developed. In the immediate vicinity of the project are the Akhmeteli metro station, shopping center, hypermarkets, pharmacies and various food establishments.

Developer

Archi Group, a leading Georgian development company, was established in 2006. Initially, the company was engaged in investment activities, a…
Details about Archi Group