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Pekini Plaza in Tbilisi

Name: Sales in Pekini Plaza started!
Start: 2020-01-09T12:01:56.160609+00:00
End: 2023-12-31T23:59:59+0000
Location: Pekini Plaza

Sales from the developer completed

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Construction

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Project info

Object ID: 3467

Finished at	June 2020
Price, m²	From 1550$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 29.00 m²
Floors	19
Apartments	160
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Medical University 8 min Technical University 10 min Tsereteli 20 min Gotsiridze 21 min
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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

44,950$

Net profit

5,906$

Payback period

5.5 years

Avg property value increase per year

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Promos and discounts for Pekini Plaza

About the project

The residential complex "Pekini Plaza" in Tbilisi is located in the Saburtalo district, five hundred meters from the city hall of the capital.

Nearby is the metro station "Medical University", there is a convenient exit to the main motorways of the city, including the bridge over the river.

What is located around

Near the new building there are many cafes, bars and restaurants. In the neighborhood there are supermarkets, shops of various profiles, pharmacies and a medical diagnostic center. At seven hundred meters is the Georgian Technical University, within walking distance of a school with a swimming pool, a kindergarten and a bank branch.

Architecture features

The residential complex "Pekini Plaza" is a unique project that implements the developer "City Real Estate". The new building has an original catchy design that sets it apart from the surrounding buildings. The project includes residential apartments and a 4-star hotel, located on the upper floors in two towers.

The building is being constructed with a monolithic concrete frame and external walls with high energy efficiency indicators. The residential part of the residential complex "Pekini Plaza" has one entrance, equipped with three elevators with increased carrying capacity.

Improvement of the complex

Near the building, parking spaces for guest vehicles are being arranged. Underground parking is equipped. Street lights are installed, lawns are broken and trees are planted.

Home sales

In the Pekini Plaza residential complex, the developer offers for sale apartments in a 1-2-room layout. The price includes:

panoramic windows;

transparent rails of balconies from unbreakable glass;

fully installed and connected heating system.

Developer

“City Real Estate” is a real estate development and investment management company actively operating on the Georgian market. Our company pri…
Details about City Real Estate