Binadari Zhvania in Tbilisi

Name: Sales in Binadari Zhvania started!
Start: 2020-01-09T10:28:08.662492+00:00
End: 2023-12-31T23:59:59+0000
Location: Binadari Zhvania

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Project info

Object ID: 3454

Finished at	March 2020
Price, m²	From 745$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 99.00 m²
Floors	15
Apartments	96
Building phase	Facade finished
Condition	Black walls
Ceiling height	3.00 m.
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Technical University 12 min Rustaveli 17 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

73,755$

Net profit

9,376$

Payback period

6.3 years

Avg property value increase per year

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About the project

Residential complex "Binadari Zhvania" is a stylish multi-story new building from the company Binadari.

Location Features

The complex is located no more than five minutes walk from the bus stop.

Near the new building there are all necessary infrastructure facilities, including shops, supermarkets, a market, a shopping center, cafes, bakeries, pharmacies and more. Within a kilometer radius there is the Bank of Georgia, special education school, comprehensive school No. 53, Lingua Lab training center, art gallery.

Features of the new building

During the construction of the residential complex on the street Nino Zhvania, 3, Tbilisi the construction company uses modern European technologies and materials, which allows not only to achieve high energy efficiency indicators, but also significantly minimize the cost of utilities.

The first two floors in the house are allocated for the development of its own infrastructure, there will be shops, fashion boutiques, cafes, and service enterprises.

For cars, a two-level underground garage will be built. It is also planned to equip the local area. Driveways and sidewalks will be arranged near the buildings. Here there will be cozy recreation areas, children's playgrounds. Street lighting is provided.