Archi Tower in Tbilisi

Name: Archi Tower
Brand: Archi Group
SKU: 3
Availability: InStock

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Project info

Object ID: 3

Finished at	May 2018
Price, m²	From 850$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	23
Apartments	200
Condition	Black walls
Construction type	Monolyth
Elevators	4
Security	Intercom CCTV Security Reception
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Medical University 17 min Delisi 21 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

8,103$

Rental income

1,103$

Management

689$

Utilities

405$

5% Income tax

5,906$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	32%	10	25$	250$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		194		8103$
Average		52%		37$

Total invested

25,500$

Net profit

5,906$

Payback period

3.1 years

Avg property value increase per year

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About the project

The premium residential complex Archi tower is located in the center of Tbilisi. It is built with high-quality energy-efficient materials and fully meets international construction standards.
The total cost of the project is 35 million US dollars. The total area of the complex is 35,000 m2.
Archi tower is built using high-quality energy-efficient blocks of the German brand Ytong. Their thermal insulation properties reduce energy consumption by 40%. Therefore, the owner can take care of the environment and save money on heating and cooling. In addition, Ytong is characterized by unique qualities that prevent the spread of fire within 4 hours.

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