Cascade 360 Company House in Tbilisi

Name: Sales in Cascade 360 Company House started!
Start: 2019-10-04T12:08:49.387544+00:00
End: 2023-12-31T23:59:59+0000
Location: Cascade 360 Company House

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Project info

Object ID: 585

Finished at	October 2019
Price, m²	From 1000$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 56.40 m²
Floors	16
Building phase	Completed
Condition	Black walls
Ceiling height	3.00 m.
Construction type	Monolyth
Elevators	2
Security	Intercom CCTV
Conveniences	Parking Underground parking Kids playground Near school Near supermarket Nearby subway stations Avlabari 6 min Samasi Aragveli 7 min
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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

56,000$

Net profit

7,229$

Payback period

5.9 years

Avg property value increase per year

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About the project

The company "Cascade 360" is a new Georgian-American investment group that carries out multi-functional block of flats in Georgia. "Cascade 360" is one of the first company which develops European standards in Georgian market, cater to high quality and ecology and also creates a cozy and comfortable environment for its residents.

Ambitious projects

In 2018 there will be completely different residential complex with modern standards in Tbilisi. Beautiful views, environmentally clean place, high level infrastructure - this is a short list that will meet future residents of the complex.