Shartava Pool House in Tbilisi

Name: Shartava Pool House
Brand: X2 Development
SKU: 573
Availability: InStock

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Project info

Object ID: 573

Finished at	May 2021
Price, m²	From 950$
Buy online	Details
Installment plan	internal installment with a period of 24 months
Bank mortgage
Property type	Aparment building
Square	from 50.00 m²
Floors	23
Apartments	263
Building phase	Carcase finished
Condition	Without finishing
Ceiling height	3.00 m.
Construction type	Monolyth
Elevators	2
Security	Intercom CCTV
Conveniences	Fitness Pool Commercial area Kids playground Nearby subway stations Technical University 9 min Medical University 11 min Tsereteli 16 min Gotsiridze 16 min Didube 18 min
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Personal discount certificate 300$
Free consultation	Ask a question
Resale properties in this project	Found 3 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

47,500$

Net profit

6,783$

Payback period

5.3 years

Avg property value increase per year

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About the project

About the residential complex

In this residential complex, you can buy an apartment between the fifth and the twentieth floor. The building has excellent seismic resistance, provided by a strong frame made of monolithic reinforced concrete.

High energy efficiency, characteristic of modern new buildings, allows you to achieve the maximum level of comfort at a minimum cost of heating. The Shartava Pool House residential complex has high-speed silent elevators that meet international standards.

On the territory of the house are cozy recreation areas with planted ornamental shrubs and trees. Guest parking spaces and parking where residents of the new building will be able to leave their cars are organized.

Developer

The company "Xor" was founded in 2014, the founders together with the main team have many years of experience in the field of construction. …
Details about X2 Development