King Parnavaz, 19 in Tbilisi

Name: Sales in King Parnavaz, 19 started!
Start: 2020-01-09T11:43:50.639903+00:00
End: 2023-12-31T23:59:59+0000
Location: King Parnavaz, 19

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Project info

Object ID: 3464

Finished at	December 2020
Price, m²	From 700$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 25.00 m²
Floors	12
Building phase	Carcase finished
Condition	Black walls
Ceiling height	3.00 m.
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

8,103$

Rental income

1,103$

Management

689$

Utilities

405$

5% Income tax

5,906$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	32%	10	25$	250$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		194		8103$
Average		52%		37$

Total invested

17,500$

Net profit

5,906$

Payback period

2.2 years

Avg property value increase per year

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Promos and discounts for King Parnavaz, 19

About the project

The residential complex on 19 Tsar Parnavaz Street in Tbilisi is a project of the construction company Mardieli Group.

Location

Construction is underway in the Didi Digomi area, which has many advantages. Here is one of the best situations in the city with ecology and clean air, and panoramic views of the surroundings open from the windows of the apartments.

What's near

A great advantage is the proximity to a large shopping center, on the territory of which there is a Goodwill supermarket, Yves Rocher store, TBC Bank branch and much more. Also nearby are Nikora and Nabiji supermarkets, school number 186, Initio Clinic medical centers, Imedi, Dima Gym sports center.

Transport

There are several public transport routes on Tsar Parnavaz Street, represented by buses No. 14, 15, 21, 26, 54, 222. About 400 meters from the new building, there is a large transport interchange that will help you go to Agmashenebeli Alley, get to Balanchini Street and Gldani Bridge . The nearest metro station is Sarajishvili, just over 3 km away.

Project Features

The residential complex at Tsar Parnavaz 19 in Tbilisi is a modern building with a stylish design and high-quality execution. Engineering communications at home fully comply with strict modern standards. A high-quality fire-fighting system, sources of reserve water supply and power supply are installed here.

Apartments

Buyers have access to a wide selection of apartments that are diverse in area and layout. They can purchase either a small studio of 26 m2, or a quite spacious option with two or three bedrooms and a large living room combined with a kitchen. Room decoration white frame. All communications are failed, a quality front door is installed.