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SDG Kavtaradze in Tbilisi

Name: Sales in SDG Kavtaradze started!
Start: 2020-01-09T13:31:24.911234+00:00
End: 2023-12-31T23:59:59+0000
Location: SDG Kavtaradze

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Project info

Object ID: 3481

Finished at	June 2020
Price, m²	From 700$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 44.00 m²
Floors	11
Apartments	62
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 7 min State University 8 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

30,800$

Net profit

6,783$

Payback period

3.4 years

Avg property value increase per year

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About the project

Residential complex SDG Kavtaradze after completion of construction work will be the ideal living space for those who love comfort and silence.

Location

The address of the new building is Tbilisi, Kavtaradze Street, 19. This is the territory of the Saburtalo district, where there is everything necessary for a comfortable stay nearby.

Infrastructure

Not far from the construction site, school number 35 is operating; the buildings of Tbilisi State University, as well as the Pedagogical University named after St. Grigol Peradze. Also in the immediate vicinity are the Madison medical center, the Dolphin pool, the Mental Health Center, the TBC Bank branch, and the Olympic Palace sports complex.

Transport

Just a few minutes walk separates the new building from the metro stations “Vazhi Pshaveli” and “State University”. Near Vazha Pshavela Avenue, which is comfortable to travel both on your own car and on public transport represented here by bus routes No. 21, 54, 89, 92, 150. Buses No. 24, 140 run along Kavtaradze Street.

Project Features

SDG Kavtaradze in Tbilisi is a modern building with a height of 11 floors. For the decoration of facades, the developer uses materials of several colors and textures, which together will produce a truly impressive result.

The emphasis during construction is placed on the quality of sound insulation of both external and inter-apartment walls and floors. The use of an additional heat-insulating material guarantees a comfortable microclimate in apartments at any time of the year.

The building provides a modern fire safety system, the presence of CCTV cameras. For the convenience of moving between floors, a modern French-made high-speed elevator will appear.

For cars, a two-level underground parking will appear in the building.

Apartments

Among the apartments for sale there are both relatively small in area and very spacious. The layouts are thought out in such a way that the owners can easily create a truly comfortable and multi-functional interior. The decoration is black or white frame.

Developer

FSG CONSTRUCTION is a construction company that was founded in 2002 and has been able to acquire the experience in the construction market i…
Details about SDG