Davari 34 in Tbilisi

Name: Sales in Davari 34 started!
Start: 2020-01-09T12:57:28.443909+00:00
End: 2023-12-31T23:59:59+0000
Location: Davari 34

Sales from the developer completed

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Project info

Object ID: 3475

Finished at	June 2022
Price, m²	From 607$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 36.00 m²
Floors	12
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
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Personal discount certificate 300$
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Resale properties in this project	Found 2 object(s)

Return on investment for apartment

with price

8,078$

Rental income

1,103$

Management

689$

Utilities

403$

5% Income tax

5,883$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	25$	225$
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		193		8078$
Average		52%		37$

Total invested

21,852$

Net profit

5,883$

Payback period

2.7 years

Avg property value increase per year

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About the project

Residential complex on Davari street, house 34 in Tbilisi is a new building with improved energy efficiency indicators, offering comfortable apartments in a green frame condition.

Location

Construction is underway in the Didi Digomi area, which is considered one of the most environmentally friendly. It has a comfortable building density, there is not a large number of cars, but it is not difficult to get from here to the central areas of Tbilisi.

What's near

Literally next door to the new building is the Imedi Medical Center. Also nearby are supermarkets Nikora, SPAR, Europroduct, Panorama Shopping Center. Approximately 800 meters to the vast trading areas of the Goodwill hypermarket, on the territory of which there are also bank branches, cafes, entertainment areas.

Transport

Less than 1 km separates the new building from a major traffic intersection, thanks to which you can quickly get to the Aghmashenebeli alley, Balanchini street, go to the Gldani bridge. The nearest public transport stops on Tsar Mirian Street, on which buses number 14, 15, 21, 26, 32, 54, 84 run. About 3.5 km to the Sarajishvili metro station.

Project Features

The complex on 34 Davari Street in Tbilisi from Cozy Home Tbilisi is an 11-story building, the construction of which the developer used not only safe and modern materials, but also made a special emphasis on energy efficiency. Thanks to the additional insulation of the walls, it will be warm inside in winter and comfortable in summer. Also, a layer of heat-insulating material will improve the sound insulation of apartments, both from the outside world and from neighbors behind the wall.

Near the house there will be a small, but cozy and isolated from outsiders yard, a parking zone is provided.