Villa Residence Apartments in Tbilisi

Name: Sales in Villa Residence Apartments started!
Start: 2019-10-09T11:16:09.110649+00:00
End: 2023-12-31T23:59:59+0000
Location: Villa Residence Apartments

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Project info

Object ID: 612

Finished at	June 2020
Price, m²	From 1200$
Buy online	Details
Installment plan	30% down payment
Bank mortgage
Property type	Aparment building
Square	from 39.00 m²
Floors	12
Apartments	54
Building phase	Carcase finished
Condition	Without finishing
Ceiling height	3.00 m.
Construction type	Monolyth
Elevators	2
Security	Intercom CCTV Reception
Conveniences	Parking Fitness Pool Kids playground Nearby subway stations Samasi Aragveli 9 min Avlabari 16 min Isani 20 min
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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

46,800$

Net profit

5,883$

Payback period

5.8 years

Avg property value increase per year

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About the project

Villa Residence Apartments

Imagine an Aparthotel bogged down in greenness that is being built in the quietest and safest district of Tbilisi – this is the Villa Residence Apartments. The project is designed to meet the customer’s wishes and expectations and combines all the details necessary for comfort: starting with high quality construction materials, completed with the hotel type services. The square in the vicinity of the complex and greenery envisaged in the project will create an ideal environment for you and your family.

Villa Residence Apartments – is a 12-storeyed-residential building, in which 54 apartments are located.

Apartments for all tastes

The minimum area starts from 39 square meters. As for the maximum, you are not limited. You can get almost every size flat by merging the partitions. The layout and design of the rooms will be in accordance with your decision, but the consultation will be given by our experienced designers and architects with great pleasure.

The spectacular view of the Krtsanisi Mountains and Tbilisi is laid from the wide and bright balconies.

Harmonious Living Environment

The peace and security of our residents are provided with surveillance cameras, a level crossing barrier and a-24 hour-security services. Complex Manager will help you to solve various issues of everyday manner. Clearing of the general use area and daily care for the plants is carried out by the qualified personnel.

The quiet square, located near the building, creates an ideal environment for recreation.

Developer

The company “KRTSANISI VILLA RESIDENCE” was founded in 2010 by people who have had a long-standing experience in construction. The goal of t…
Details about KRTSANISI DEVELOPMENT