Archi Pinetrees Tamarashvili in Tbilisi

Name: Sales in Archi Pinetrees Tamarashvili started!
Start: 2019-10-07T10:12:23.442094+00:00
End: 2023-12-31T23:59:59+0000
Location: Archi Pinetrees Tamarashvili

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Project info

Object ID: 599

Finished at	August 2021
Price, m²	From 1055$
Buy online	Details
Installment plan	interest-free installment until the end of construction
Bank mortgage
Property type	Aparment building
Square	from 55.20 m²
Floors	29
Apartments	258
Building phase	Foundation
Condition	Without finishing
Ceiling height	3.00 m.
Construction type	Monolyth
Security	Intercom CCTV Security
Conveniences	Parking Underground parking Commercial area Kids playground Near school Near kindergarten Nearby subway stations Marjanishvili 3 min Rustaveli 9 min Tavisuplebis Moedani 12 min Station Square2 18 min
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Personal discount certificate 300$
Free consultation	Ask a question

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

58,025$

Net profit

7,229$

Payback period

6.1 years

Avg property value increase per year

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Promos and discounts for Archi Pinetrees Tamarashvili

About the project

Archi’s new premium-class project, Archi Pines, is located in the central part of Tbilisi, near the former hippodrome, on Tamarashvili Street. The apartments of the 29-storey energy- efficient project of Archi Pines will be delivered with a premium structure or selected finishing package, which means a selection of the desired finishing from 3 different offers. One of the advantages of Archi Pines is a recreational area of 6,000 sq. m with a landscaped yard, and play and sports grounds with evergreen trees. The apartments command a spectacular panoramic view of Mtatsminda and Turtle Lake. Archi Pines is an elite residential project where completely natural, eco-friendly materials are used to create a healthy environment for your life. For the facing of the Archi Pines façades, high-quality materials from the Imar brand will be used, and for the construction, the German brand Ytong’s energy-efficient, refractory blocks, which keep the temperature and reduce energy costs by 40%. In addition, all the apartments will have European brand Reynaers doors and windows installed with Low-E glass, which will also save on energy consumption.

INFRASTRUCTURE

The project infrastructure is suitable for a premium-class residential project. Archi Pines will have 29 floors and 258 apartments. The project will include a modern-design lobby with concierge service, European-level fitness center, and commercial spaces. The Archi Pines project provides for the installation of high-quality KONE elevators, as well as the installation of open and closed parking lots for the residents.

Developer

Archi Group, a leading Georgian development company, was established in 2006. Initially, the company was engaged in investment activities, a…
Details about Archi Group