House along Franguliani street in Tbilisi

Name: House along Franguliani street
Brand: Mega Development
SKU: 578
Availability: InStock

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Project info

Object ID: 578

Finished at	December 2019
Price, m²	From 320$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 54.00 m²
Floors	5
Building phase	Carcase finished
Condition	Black walls
Ceiling height	3.00 m.
Construction type	Monolyth
Security	Intercom CCTV
Conveniences	Parking Kids playground Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

17,280$

Net profit

7,229$

Payback period

1.8 years

Avg property value increase per year

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Promos and discounts for House along Franguliani street

About the project

On the street 5 Franguliani in Tbilisi, Mega Palace is building a modern residential building. The building was designed in an urban style using glazed balconies, which is typical for Tbilisi architecture.

About the residential complex

Mega Palace is building a modern residential building on 5 Franguliani street in Tbilisi. The building is designed in the urban style with unglazed balconies, which is typical for the architecture of Tbilisi.

What is nearby

There is a public transport stop nearby, where you can get to any district of the capital.

Within a kilometer there are secondary schools No. 109, 107 and 168, several shops, 2 Nabiji supermarket, hypermarket, Chinese clothing market, restaurants, cafes, and hotels.

Features of construction

During the construction of the building, energy-efficient and environmentally friendly materials are used, as well as the latest technologies that significantly improve performance and significantly reduce utility costs.

All utilities will be connected in the house. Modern equipment is installed in the complex.

Accomplishment of territory

It is planned to complete landscaping of the house territory, including its landscaping. For cars, in addition to underground parking, there is a guest Parking in the courtyard. Recreation areas and children's playgrounds with modern simulators are being developed. Convenient and safe driveways and pedestrian paths are being laid. Street lighting is provided.

You can buy housing in the complex if you pay the entire cost in full. For more information about buying an apartment and payment options, as well as discounts, please contact the sales office of the developer Mega Development.

Developer

Construction and development company "Mega Development" is a construction investment company. Our company invests and builds throughout Geor…
Details about Mega Development