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3 Gabriel Salosi Street in Tbilisi

Name: 📣 300$ — discount certificate
Start: 2020-01-09T13:46:48.377563+00:00
End: 2023-12-31T23:59:59+0000
Location: 3 Gabriel Salosi Street

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Project info

Object ID: 3484

Finished at	June 2020
Price, m²	600$ — 48$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	21
Building phase	Facade finished
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Isani 8 min Samasi Aragveli 16 min Samgori 18 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

1,440$

Net profit

5,906$

Payback period

0.2 years

Avg property value increase per year

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Promos and discounts for 3 Gabriel Salosi Street

About the project

The residential complex on the square of the monk Gabriel Salos, house 3 is a new object on the map of Tbilisi, ready to offer the best conditions for living and working.

Location

Construction is underway in the metropolitan area of Isani literally a hundred meters from the Kura embankment. The building is located in such a way that even owners of apartments on the middle floors can count on beautiful panoramic views of the surroundings. The view from the windows of the upper floors will be even more spectacular.

Infrastructure around

In the immediate vicinity of the new building, there is school number 81, the Olympic pool, the Isani Mall, the Fresco hypermarket. Also nearby are several cafes, there are pharmacies, gas stations.

Transport

The distance to the Isani metro station does not exceed 1 km, which will allow, if necessary, to reach it on foot in an average of 10-12 minutes. The stop of ground public transport is literally on the border of the territory of the new building. Routes No. 19, 50, 71, 72, 101 run here. Literally 500 meters on the other side of the Kura is the Ortachala bus station. Samgori Bus Station is about 2 km away.

Drivers, using the nearby bridge, can quickly get to the left bank of the Kura. Convenient exits to Ketevan Tsamebuli Avenue, Gulua Street and other major transport highways are also provided.

Project Features

The residential complex on the Monk Square Gabriela Salos 3 in Tbilisi is a modern building with a height of 21 floors. The first floors are reserved for a shopping center and other infrastructure. This part of the building has a larger perimeter, which allowed on the third floor on the roof of the shopping gallery to place an open terrace accessible to all residents with elements of landscaping. If the weather is fine, it will become a great place to relax and will serve as a courtyard.

The facade is dominated by red brick, which goes well with tinted glazing of windows and loggias, as well as dark frames and balcony fencing.

Underground parking will appear in the house to accommodate residents' cars. He will be able to accommodate at least 73 cars.

Apartments

The house has 1-2-room apartments ranging in size from 42 to 75 m2. All plans are made in the Euro format, which involves combining the living room and kitchen into a single space. This type of layout allows even in a small one-room apartment to organize a full bedroom, which greatly improves the comfort of living.