Filigreen in Tbilisi

Name: Filigreen
Brand: White Square
SKU: 23637
Availability: InStock

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Project info

Object ID: 23637

Finished at	June 2024
Price, m²	From 1350$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 67.40 m²
Floors	6
Apartments	60
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations State University 10 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

90,450$

Net profit

7,813$

Payback period

8.9 years

Avg property value increase per year

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About the project

An exclusive residential building with 60 apartments is being built on Giorgi Danelia Street in Saburtalo.

The concept behind Filigreen is to create a place in the center of the city which embodies the modern rhythm of the city and the beauty of nature all at once; a place where it’s residents will be surrounded by a different reality, a reality filled with peace whenever they are home.

“Filigreen” – where man and nature coexist harmoniously.

The apartments are adapted to different needs: For new families, rentals, investments or large families.

The new apartment building will be energy-efficient, adapted and equipped with fire safety systems.

The apartment building will be equipped with a generator that will power for fire safety systems, elevators, parking, corridors, public spaces and an inner courtyard with evacuation and emergency lighting.

The outer and inner walls of the apartment buildings are constructed with energy-efficient YTONG building blocks. Walls built with this material keeps consistent room temperature and provides sound insulation.

The aluminum double-glazed windows and doors are also energy-efficient.

Developer

White Square is a development company owned by BK Holding. BK Holding incorporates the construction company BK Construction, the constructi…
Details about White Square