Green area in Gldani in Tbilisi

Name: Green area in Gldani
Brand: Pala Group
SKU: 2309
Availability: InStock

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Project info

Object ID: 2309

Finished at	December 2020
Price, m²	From 465$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 54.00 m²
Floors	7
Apartments	35
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Akhmetelis Teatri 11 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

25,110$

Net profit

7,229$

Payback period

2.6 years

Avg property value increase per year

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Promos and discounts for Green area in Gldani

About the project

Green area in Gldani is 700 meters from the metro station Akhmeta. The residential complex consists of 3 residential blocks, a green courtyard, a square and a well-equipped infrastructure. Construction of the first block will begin in July 2019 and will be completed by the end of 2020. We use the latest, advanced and high-quality technologies in the construction process. The area is characterized by ecological cleanliness, greenery and a cozy atmosphere. Apartments in a black and white frame. Space 54 sq.m. The price of 1 sq. m. from 465 dollars.

The residential building includes:

1. Nine floors

2. One parking space

3. One commercial floor

4. Seven residential floors and 35 flat views.

5. The building will be equipped with a modern and safe elevator for Diaos.

Developer

Construction development company PALA GROUP was founded in 2014. The company has implemented a number of successful projects, both in Batumi…
Details about Pala Group