Champions House in Tbilisi

Name: Sales in Champions House started!
Start: 2020-01-09T11:05:53.420218+00:00
End: 2023-12-31T23:59:59+0000
Location: Champions House

Sales from the developer completed

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Project info

Object ID: 3460

Finished at	March 2020
Price, m²	From 642$
Housing class	No
Buy online	Details
Installment plan	Interest-free installments with a period of 12 months
Bank mortgage
Property type	Aparment building
Square	from 58.00 m²
Floors	9
Apartments	52
Building phase	Facade finished
Condition	Black walls
Construction type	Monolyth
Elevators	2
Security	CCTV Security Reception
Conveniences	Fitness Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Delisi 9 min Vazha-Pshavela 11 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

37,236$

Net profit

7,229$

Payback period

3.9 years

Avg property value increase per year

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About the project

The Champions House residential complex in Tbilisi is a reliable comfortable home from the Champions House developer.

Location

The new building is located on Elguja Amashukeli Street in the Saburtalo area near the 4th quarter.

It has good ecology, six hundred meters away is Lisi Park and a large beautiful lake. Nearby there are no sources of noise and air pollution, to the nearest industrial zone more than three kilometers.

The bus stop is five hundred meters away, three routes run nearby. There is a Delisi metro station in ten minutes' walk, the distance to the center is about seven kilometers.

Nearby there are: elementary school No. 171, comprehensive schools No. 199, No. 151 and No. 126, kindergartens No. 142, "Sunflower" and "Kids Planet", food stores "Zgapari", "Foodmart", supermarkets "Ori Nabiji", " Nikora ”and“ Populi ”, as well as the Goodwill shopping center. Nearby are the medical centers Ritmart and Medi, the dental clinic A Denta, the entertainment center Stich, the billiard club RIO and the bar Machakhela.

Architecture and parameters of the complex

The new building is being constructed according to the monolithic-frame technology, concrete of grade B25 is used. Champions House residential complex is a nine-story building with one staircase, in which the project provides for the installation of one passenger and one freight elevator.

The building has an earthquake resistance of nine points and is equipped with a fire protection system. Panoramic glazing is in progress.

Developer

The concept of Champions’ House was created according to the challenges of Georgian sports development. The main aim of the company is to of…
Details about Champions House