m2 at Chkondideli in Tbilisi

Name: Sales in m2 at Chkondideli started!
Start: 2022-05-05T07:09:51.195610+00:00
End: 2023-12-31T23:59:59+0000
Location: m2 at Chkondideli

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Project info

Object ID: 20240

Finished at	March 2025
Price, m²	From 830$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 48.70 m²
Floors	25
Apartments	1543
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Nadzaladevi 8 min Gotsiridze 9 min Tsereteli 10 min Station Square2 14 min Didube 16 min Ghrmaghele 21 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

39,840$

Net profit

6,783$

Payback period

4.4 years

Avg property value increase per year

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About the project

The new residential complex “m² at Tchkhondideli” is under construction in Tbilisi, Nadzaladevi district, Tchkhondideli Street.

The apartment complex is located on a plot of land of 31011 m² and is comprised of 12 buildings. It stands out with its location – it is 2 minutes from Subway Gotsiridze.

Apartment space starts from 40 m² and is adapted to different needs: new families, rent, for students or big families.

The project uses high-quality, eco-friendly building and renovation materials that are inspected at the laboratory.

Developer

"m²" is a wholly-owned subsidiary of investment company "Georgia Capital". Driven by a team of highly qualified professionals, m² Developmen…
Details about M2 Development