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Axis Palace on Sairme in Tbilisi

Name: Sales in Axis Palace on Sairme started!
Start: 2022-05-09T06:55:20.152391+00:00
End: 2023-12-31T23:59:59+0000
Location: Axis Palace on Sairme

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Project info

Object ID: 20270

Finished at	December 2022
Price, m²	From 1400$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 62.90 m²
Floors	22
Apartments	147
Condition	Turnkey
Ceiling height	3.70 m.
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Spa Fitness Pool Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Medical University 5 min Delisi 13 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

10,110$

Rental income

1,103$

Management

689$

Utilities

505$

5% Income tax

7,813$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	22%	7	40$	280$
February	28	28%	8	40$	320$
March	31	16%	5	42$	210$
April	30	16%	5	50$	250$
May	31	38%	12	50$	600$
June	30	66%	20	55$	1100$
July	31	80%	25	90$	2250$
August	31	80%	25	90$	2250$
September	30	53%	16	75$	1200$
October	31	51%	16	50$	800$
November	30	33%	10	40$	400$
December	31	32%	10	45$	450$
Total	365		159		10110$
Average		42%		55$

Total invested

86,800$

Net profit

7,813$

Payback period

8.6 years

Avg property value increase per year

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About the project

"Axis Palace on Sairme" is located at N51 Sairme Street.

Axis quality and architecture, developed infrastructure, location of the building with a 360-degree view, proximity to the Red Garden, fresh air of Sairme Gori, create a unique space for Saburtalo district and make the project even more attractive.

Project advantages

Axis quality and architecture;

Panoramic views;

Apartments with full renovation;

3,000 sq.m. Inner yard and common areas;

Sports and health infrastructure;

Concierge service.

The Axis Palace complex on Sairme covers a total of 6,247 sq.m. and consists of two blocks. Despite the scale, the building is airy due to the high stained glass windows.

Block I - consists of 21 floors. Commercial spaces are located on the first floor, while residential apartments are located on the twentieth floor.

The project is complete.

Block II - consists of 26 floors. Commercial spaces will be located on the first floor, and residential apartments on the 25th floor.

The project will be completed by the end of 2022.

Blocks I and II have an interconnected, shared underground car park.

Innovative European technologies are used during the construction, the high quality of which determines the duration of service life and reduces maintenance costs. Axispalas on Sairme will be equipped with aluminum stained glass and energy efficient minakolof.

Developer

The company was founded in 1998. It was the period when the first terrace residential house was built in Georgia. Since that time “Axis” has…
Details about Axis