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Lion Development

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Lion Development in Tbilisi

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Project info

Object ID: 20262

Finished at	March 2023
Price, m²	From 1120$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 54.80 m²
Floors	12
Condition	Black walls
Ceiling height	3.20 m.
Construction type	Monolyth
Security	Security Reception
Conveniences	Underground parking Commercial area Near school Near supermarket Nearby subway stations State University 8 min Vazha-Pshavela 17 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

60,480$

Net profit

7,229$

Payback period

6.4 years

Avg property value increase per year

6%

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About the project

Developer

Details about Lion Development

Hotline

+995 (558) 7000 88

Toll-free number (USA):
+1 855 588 8066

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Lion Development on the map of Tbilisi

Nutsubidze, 4th mocri-district, Zemo plato

FAQ

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