Alpha Bagebi in Tbilisi

Name: Sales in Alpha Bagebi started!
Start: 2020-01-09T12:47:20.194194+00:00
End: 2023-12-31T23:59:59+0000
Location: Alpha Bagebi

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Property for sale in Alpha Bagebi — look at the real estate search engine GEOLN.COM. Photo 1

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Project info

Object ID: 3473

Finished at	December 2020
Price, m²	From 850$
Buy online	Details
Installment plan	Internal interest-free installment plan from the developer until end 2020. 20% minimal down payment
Bank mortgage
Property type	Aparment building
Square	from 54.00 m²
Floors	11
Apartments	76
Building phase	Carcase finished
Condition	Black walls
Ceiling height	3.00 m.
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Vazha-Pshavela 11 min State University 14 min
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Personal discount certificate 300$
Free consultation	Ask a question
Resale properties in this project	Found 2 object(s)

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

45,900$

Net profit

7,229$

Payback period

4.8 years

Avg property value increase per year

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About the project

The residential complex Alpha Bagebi is a small house with 76 apartments, which will be built in a green environment with comfortable ecology and a considerable distance from the center. The address of the building plot is Tbilisi, Tskneti highway, 41. This is a prestigious location that can become a great place not only for relaxation, but also for life.

What's near

The infrastructure nearby is not the most diverse, but to call it insufficient will be wrong. Near the construction site, there are the Gldani city mall shopping center, Aura restaurant, Deutsche Internationale Schule Tbilissi, New School International School of Georgia, a little further on are Ori Nabiji and Nikora supermarkets.

Transport

There is a public transport stop within walking distance of the new building. Bus lines No. 5, 9, 34, 51, 59, 61, 82 run here. At a distance of about 1 km from the new building, the Bagebi-Universitet cable car station, which will help you quickly get to Universitetskaya street.

Project Features

Alpha Bagebi in Tbilisi is a two-section 11-story building, the first level of which is designed for commercial facilities.

Although there are few apartments in the house, they are quite spacious and comfortable for living. The area of the premises is from 54 to 115 m2. There are a lot of planning options, in each of them there is a living room with a built-in kitchen area, as well as 1-2 bedrooms. All apartments have rather large balconies. Room decoration - white frame.

Developer

Construction company Alpha Residence was founded in 2017. However, history begins in 2004. We, the founders of the company, have accumulated…
Details about Alpha Residence