Tiplisi Ortachala in Tbilisi

Name: Tiplisi Ortachala
Brand: Tiplisi
SKU: 571
Availability: InStock

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Project info

Object ID: 571

Finished at	December 2019
Price, m²	From 640$
Buy online	Details
Installment plan	interest-free installment with a period of 12 till 24 months, 10% discount in case of full payment
Bank mortgage
Property type	Aparment building
Square	from 32.00 m²
Floors	11
Apartments	121
Building phase	Carcase finished
Condition	Without finishing
Ceiling height	3.05 m.
Construction type	Monolyth
Elevators	1
Security	Intercom CCTV
Conveniences	Parking Underground parking Commercial area
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Personal discount certificate 300$
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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

20,480$

Net profit

5,883$

Payback period

2.5 years

Avg property value increase per year

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About the project

About the residential complex

The residential complex Ortachalis Turfa is a new building with architecture in a classic modern style, offering apartments with convenient European planning.

Location

Construction of a residential complex is underway in Tbilisi on 4 Artura Laisti street. Less than 100 meters separate the new building from the Kura embankment. Near convenient transport interchanges, necessary infrastructure. The area is quite green, has a favorable environment and a high level of improvement.

Design feature

The residential complex Ortachalis Turfa in Tbilisi is a new building with a height of 11 floors, built using only modern technologies and materials. The facades are decorated in beige, gray and brown colors, a contrasting combination of which looks stylish and gives the building dynamism.

Developer

Tiplisi construction company has been on the primary real estate market in Tbilisi since 2014. Building high-quality, modern and popular housing, the developer also seeks to offer favorable conditions for the sale of apartments. If you pay 100% of the cost, you can expect a discount. The possibility and terms of installments are discussed individually.

The space around the house will be landscaped, equipped with guest parking, as well as the necessary equipment for a comfortable stay and leisure.