Mtsketa st 35/37 in Tbilisi

Name: Sales in Mtsketa st 35/37 started!
Start: 2020-01-09T06:38:59.323595+00:00
End: 2023-12-31T23:59:59+0000
Location: Mtsketa st 35/37

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Project info

Object ID: 3436

Finished at	December 2019
Price, m²	From 1100$
Buy online	Details
Installment plan	18 month interest-free installment
Bank mortgage
Property type	Aparment building
Square	from 65.00 m²
Floors	12
Building phase	Completed
Condition	Black walls
Ceiling height	3.00 m.
Construction type	Monolyth
Security	—
Conveniences	Parking Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Technical University 13 min Medical University 18 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

10,110$

Rental income

1,103$

Management

689$

Utilities

505$

5% Income tax

7,813$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	22%	7	40$	280$
February	28	28%	8	40$	320$
March	31	16%	5	42$	210$
April	30	16%	5	50$	250$
May	31	38%	12	50$	600$
June	30	66%	20	55$	1100$
July	31	80%	25	90$	2250$
August	31	80%	25	90$	2250$
September	30	53%	16	75$	1200$
October	31	51%	16	50$	800$
November	30	33%	10	40$	400$
December	31	32%	10	45$	450$
Total	365		159		10110$
Average		42%		55$

Total invested

71,500$

Net profit

7,813$

Payback period

7.1 years

Avg property value increase per year

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Promos and discounts for Mtsketa st 35/37

About the project

The residential complex on Mtskheta 35/37 in Tbilisi is an opportunity to purchase an apartment with panoramic city views in one of the most environmentally friendly areas of the capital. Construction is underway in the Vake district in the immediate vicinity of Irakli Abashidze Street and about 500 meters from Mziuri Park. The uniqueness of this place is that it is not far from the city center from here, but at the same time, life here goes in a completely different rhythm, devoid of fuss.

What's near

In the immediate vicinity of the new building there is a Nikora supermarket, Grato Passage shopping center, Goodwill hypermarket, Spumatro museum, Tbilisi American Medical Center, Lotus medical center. Also nearby are Ilia State University, David Aghmashenebeli University of Georgia, Ivan Javakhishvili Tbilisi State University.

Transport

The nearest metro station Rustaveli is a little less than 2 km away. Nearby public transport runs along Abashidze Street, where bus route No. 66 passes, as well as along Chavchavadze Avenue, where buses No. 9, 21, 34, 51, 59, 61, 66, 87, 88, 140 go.

Project Features

The residential complex on Mtskheta 35/37 in Tbilisi was built taking into account modern requirements for environmental friendliness and energy efficiency. For the decoration of facades, natural granite and travertine are used, which favorably emphasize the original architectural appearance of the house. The maximum height of the house is 12 floors, however, its individual parts have a lower height. The building has a two-level underground parking.

Apartments

The minimum area of apartments for sale is 68 m2. The layouts are different, but extremely comfortable and ideal for creating both trendy and classic interiors. Decoration at the time of sale - white frame. This is an ideal foundation for translating creative plans.

Developer

The company "Xor" was founded in 2014, the founders together with the main team have many years of experience in the field of construction. …
Details about X2 Development