House on the Mirotadze Street in Tbilisi

Name: Sales in House on the Mirotadze Street started!
Start: 2020-01-09T08:12:24.833246+00:00
End: 2023-12-31T23:59:59+0000
Location: House on the Mirotadze Street

Renders

Construction

Live Stream

Property for sale in House on the Mirotadze Street — look at the real estate search engine GEOLN.COM. Photo 1

Reviews about House on the Mirotadze Street

There are no reviews yet. You can be the first who rates it

Project info

Object ID: 3447

Finished at	June 2021
Price, m²	1100$ — 1200$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 65.00 m²
Floors	16
Condition	Without finishing
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Technical University 2 min Tsereteli 10 min Rustaveli 17 min Gotsiridze 17 min Nadzaladevi 19 min Station Square2 19 min Medical University 19 min
Add to free Travel & Invest tour
Add to autotour
Free consultation	Ask a question
Resale properties in this project	Found 4 object(s)

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

Open ROI calculator

Promos and discounts for House on the Mirotadze Street

About the project

Residential complex on 10 Mirotadze Street in Tbilisi is a new project of the New House construction company. The new building with a modern design and a little concise architecture will perfectly complement the existing look of the area.

Location

Construction is underway in the central part of the city, where it is comfortable and prestigious to live. Just 300 meters from the Kura embankment, a few minutes walk from the green territory of the Tbilisi Zoo.

Infrastructure

Literally next door to the new building are the Sports Palace, Spar and Nikora supermarkets, Subway and McDonald's cafes. Nearby are several prestigious universities, including the Georgian Technical University, the Polytechnic Institute, and the University of Georgia. Also nearby are Kuzanova Clinic Medical Center, Bank of Georgia Branch, Indoor Court Sports Hall. On the opposite bank of the Kura River, where it will be easy to get to, there are Mushtiadi Park, Dynamo Arena Stadium, and the Theater of Music and Drama.

Transport

A great advantage of the location is its proximity to the Technical University metro station, the nearest lobby of which is literally a hundred meters from the territory of the new building. Here on Merab Kostava Street there are stops of ground public transport represented by routes No. 14, 29, 42, 47, 49, 51, 52, 91, 92, 150. If you have your own car, you can quickly go to the Right Embankment and get to the other side of the Kura .

Project Features

The residential complex on Mirotadze 10 in Tbilisi is a 16-story building with an underground parking and a relaxation area on the roof. When designing the architecture of the new building, the developer decided to abandon the clear lines and symmetry, which will make the house even more stylish and attractive.

Apartments

The new building offers a choice of apartments with two or three rooms, having an area of 65-82 m2. The layouts are simple but very comfortable and functional. It will not be difficult to organize a comfortable space for life here.