Apex Dadiani in Tbilisi

Name: Sales in Apex Dadiani started!
Start: 2020-01-09T08:56:28.505644+00:00
End: 2023-12-31T23:59:59+0000
Location: Apex Dadiani

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Project info

Object ID: 3453

Finished at	January 2020
Price, m²	From 800$
Housing class	No
Buy online	Details
Installment plan	Minimum down payment 10%
Bank mortgage
Property type	Aparment building
Square	from 42.00 m²
Floors	11
Apartments	140
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Nadzaladevi 3 min Station Square2 9 min Tsereteli 10 min Gotsiridze 15 min Marjanishvili 19 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

33,600$

Net profit

6,783$

Payback period

3.7 years

Avg property value increase per year

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About the project

The residential complex Apex Dadiani consists of blocks A and B, which are made in the same style, but still differ from each other.

Location

Construction is underway in Tbilisi at 90 Tsotne Dadiani Street. The location has several advantages, including the proximity of the metro and relatively small distance from the central quarters.

Infrastructure

The Bank of Georgia branch, Clinic Medi medical center, Nikora supermarkets, Ori Nabiji, Aversi pharmacy, and school number 112 are nearby.

Transport

Nadzaladevi metro station is located at a distance of about 150 meters from the territory of the new building. Just over 1 km from here to the Tbilisi Passenger Railway Station. Ground-based public transport running along Dadiani Street is represented by bus routes No. 17, 23, 62, 70, 95.

Project Features

Apex Dadiani residential complex in Tbilisi consists of two buildings 7 and 11 floors high, united by a single local area. The first two floors in the houses are reserved for office and commercial premises. Also, an underground parking will appear in the houses. The decoration of the facades in a stylish gray color, combined with large windows and spacious balconies without glazing make the appearance of buildings stylish and modern.

Apartments

The area of housing for sale starts from 42 m2. A total of 140 apartments are located in two houses. There are a lot of planning options, but all of them have a large living room with kitchen area and a separate bedroom. Each apartment has a large balcony, which can be considered a serious advantage. An interesting option is an apartment with a round window in the bathroom. Premises are sold in a white frame state.

Developer

The development company Apex Development was founded in 2013. The main priority she adheres to is the construction of real estate adapted to…
Details about Apex Development