New point in Tbilisi

Name: New point
Brand: Davide Construction Company
SKU: 54
Availability: InStock

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Project info

Object ID: 54

Finished at	—
Price, m²	From 500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	14
Building phase	Completed
Condition	Without finishing
Construction type	Monolyth
Security	Intercom CCTV
Conveniences	Parking Commercial area Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Varketili 2 min Samgori 17 min
Personal discount certificate 300$
Free consultation	Ask a question

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

15,000$

Net profit

5,906$

Payback period

1.9 years

Avg property value increase per year

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About the project

Fourteen-storey residential building with 2 entrances. 164 apartments, the minimum area is 40 m2, the maximum area is unlimited. On the first floor there is a commercial area of 800 m2. Underground parking is available on the ground floor.

Developer

Davide is a growing construction company, founded in 2013 and has already implemented many interesting projects.Davide's buildings are chara…
Details about Davide Construction Company