Archi Vazisubani C in Tbilisi

Name: Archi Vazisubani C
Brand: Archi Group
SKU: 2297
Availability: InStock

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Project info

Object ID: 2297

Finished at	March 2021
Price, m²	From 550$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 50.00 m²
Floors	16
Apartments	180
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Samgori 10 min Isani 15 min Varketili 21 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

27,500$

Net profit

6,783$

Payback period

3.0 years

Avg property value increase per year

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About the project

Archi Vazisubani C Block is located in the Central part of Vazisubani, at the intersection of Muskhelishvili and Artists streets. The project is characterized by the best location and high quality of construction. The best Belgian bricks are used to decorate its facade. Apartments in the Vazisubani C block will come with a premium frame, which means a white frame with additional heating pipes and low-emission glazing. The project will be built using high-quality energy-efficient and environmentally friendly materials.

The 16-storey residential building, which offers residents a comfortable living environment, was designed with their interests and desires in mind. The company owns a land plot of 6000 sq.m, 3 residential blocks, a playground and a recreation area of 3000 sq.m.

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