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Alliance Highline in Tbilisi

Name: Alliance Highline
Brand: Alliance Group
SKU: 9
Availability: InStock

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Project info

Object ID: 9

Finished at	December 2022
Price, m²	From 1700$
Housing class	No
Buy online	Details
Installment plan	0%, 30% down payment
Bank mortgage
Property type	Apart-hotel
Square	from 29.71 m²
Floors	40
Building phase	Carcase finished
Condition	Black walls
Construction type	Monolyth
Security	Intercom CCTV Security Reception
Conveniences	Parking Underground parking Spa Fitness Pool Commercial area Near supermarket Nearby subway stations Delisi 10 min Medical University 20 min Vazha-Pshavela 21 min
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Resale properties in this project	Found 1 object(s)

Return on investment for apartment

with price

8,103$

Rental income

1,103$

Management

689$

Utilities

405$

5% Income tax

5,906$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	32%	10	25$	250$
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		194		8103$
Average		52%		37$

Total invested

49,300$

Net profit

5,906$

Payback period

6.1 years

Avg property value increase per year

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About the project

The multifunctional complex "Highline" by the construction and development company "Alliance Group". Three-storey towers are a combination of three concepts in one.
The first: 40-storey tower A - a new building with apartments.
The second: 33-storey tower B- apartments.
The third: 26-storey tower C - hotel Wyndham Garden.
The first two floors of the facility are integrated into a single infrastructure, which will include an indoor swimming pool, Spa, fitness center, restaurant, cafe, conference room, car parking - 4 floors.

Developer

LTD "Alliance +” was founded in 2005 and the first project it carried out was revolutionary for Georgia at that time: building first modern …
Details about Alliance Group