Dona Palace Sanzona in Tbilisi

Name: Sales in Dona Palace Sanzona started!
Start: 2020-01-09T07:01:56.378171+00:00
End: 2023-12-31T23:59:59+0000
Location: Dona Palace Sanzona

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Project info

Object ID: 3440

Finished at	December 2021
Price, m²	From 600$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 41.00 m²
Floors	12
Apartments	180
Building phase	Foundation
Condition	Black walls
Construction type	Monolyth
Elevators	2
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Guramishvili 4 min Ghrmaghele 4 min Sarajishvili 12 min Didube 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

24,600$

Net profit

6,783$

Payback period

2.7 years

Avg property value increase per year

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About the project

The residential complex Dona Palace Sanzona is a modern new building, which will appear on the site of a physically and morally obsolete 5-storey building.

Location

Construction is underway in Tbilisi at 70 Guramishvili Avenue. This is a well-maintained residential area, where there is everything necessary for a comfortable life, public transport is established.

What's near

In the immediate vicinity of the new building there are school No141, European University, police department, Fresco supermarket, Cardiology center, children's hospital, Orthodox church, electronics store.

Transport

Only 400 meters separate the new building from the Guramishvili metro station. Bus routes No. 11, 23, 33, 62, 70, 74, 86 run along Guramishvili Avenue and adjacent streets. About 2.5 km from here are the Didube bus station and the railway station of the same name.

Project Features

The complex Dona Palace Sanzona in Tbilisi is a stylish 12-storey building, the design and construction of which fully took into account the requirements of Government Resolution No. 41 regarding safety standards. Construction is carried out using modern monolithic technology, using high-quality reinforcement of Ukrainian production and durable concrete.

Apartments

Not all of the apartments presented in the house are intended for free sale, but there is still something to choose from. The minimum housing area is from 42 m2. The layouts are made in the euro format, which involves the union of the living room and kitchen areas and the presence of 1-2 separate bedrooms. Premises are sold in a white frame state with utilities completely connected.

Developer

Donna Group Ltd. was established in Georgia in October 2009 by Georgian-Jewish businessman Shalom Shai (Shimshilashvili). Shalom Shai is the…
Details about Dona development