Dona Palace Saburtalo in Tbilisi

Name: Dona Palace Saburtalo
Brand: Dona development
SKU: 570
Availability: InStock

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Project info

Object ID: 570

Finished at	November 2019
Price, m²	From 680$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 42.60 m²
Floors	15
Building phase	Carcase finished
Condition	Without finishing
Ceiling height	3.00 m.
Construction type	Monolyth
Elevators	2
Security	Intercom CCTV
Conveniences	Parking Underground parking Commercial area Near supermarket Nearby subway stations State University 8 min
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Personal discount certificate 300$
Free consultation	Ask a question
Resale properties in this project	Found 1 object(s)

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

28,560$

Net profit

6,783$

Payback period

3.2 years

Avg property value increase per year

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About the project

About the residential complex

The Dona Palace Saburtalo residential complex in Tbilisi is located in Saburtalo, seven hundred meters from the State University metro station.

There is a cable car and public transport stop nearby. Nearby there is easy access to Prospekt Vazha Pshavela, which is a quick drive from the city centre.

Surrounding infrastructure

Next to the new building is a swimming pool, several beauty salons and shops. Nearby there is a University, cafes, restaurants, kindergarten, supermarket, pharmacy, school and Bank branch.

Parameters

The residential complex "Dona Palace Saburtalo" are five apartment-buildings designed in the same style. Fifteen-storey buildings from the developer "DONA Group" were built taking into account the earthquake resistance required in this area and high energy efficiency standards.

Implementation of housing

In the residential complex, you can buy housing in a large number of layout options. There is a choice of commercial premises – more than thirty percent of the total area is intended for commercial use.

The buildings have monolithic frames, facades are insulated with an environmentally safe heat insulator that guarantees a moderate cost of utilities with a high level of comfort.

Developer

Donna Group Ltd. was established in Georgia in October 2009 by Georgian-Jewish businessman Shalom Shai (Shimshilashvili). Shalom Shai is the…
Details about Dona development