White Square Mindeli in Tbilisi

Name: Sales in White Square Mindeli started!
Start: 2023-09-18T12:19:54.534304+00:00
End: 2023-12-31T23:59:59+0000
Location: White Square Mindeli

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Project info

Object ID: 25445

Finished at	October 2026
Price, m²	From 921$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 53.00 m²
Floors	22
Condition	Without finishing
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Kids playground Nearby subway stations State University 5 min Vazha-Pshavela 19 min
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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

48,813$

Net profit

7,229$

Payback period

5.1 years

Avg property value increase per year

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Promos and discounts for White Square Mindeli

About the project

New living area on Saburtalo from "White Square"

Another new large-scale project of the White Square “White Square on Mindeli” is a residential area being built on Dzotsi Street in Saburtalo district, Tbilisi.

"White Square on Mindeli Street" unites a total of 6 residential buildings and includes: two 14-storey buildings, one 15-storey building and three 22-storey buildings. Each residential building has more than 100 residential apartments and various types of commercial or office space.

Future residents' demands are taken into account when designing the residential area. The apartments are made for young families, renters, students, or large families. Apartment living spaces begin at 53 sq.m.

The district will have children's and sports grounds, a recreation area, cafes, restaurants, salons and many other facilities adapted to the needs of residents.

Developer

White Square is a development company owned by BK Holding. BK Holding incorporates the construction company BK Construction, the constructi…
Details about White Square