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Park Home in Tbilisi

Name: Sales in Park Home started!
Start: 2020-06-08T07:20:35.158745+00:00
End: 2023-12-31T23:59:59+0000
Location: Park Home

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Project info

Object ID: 7784

Finished at	June 2022
Price, m²	From 1570$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 48.00 m²
Floors	13
Apartments	300
Condition	Turnkey
Ceiling height	3.00 m.
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Underground parking Fitness Pool Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Medical University 11 min Technical University 17 min Delisi 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

75,360$

Net profit

6,783$

Payback period

8.3 years

Avg property value increase per year

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About the project

First residential complex by “Anagi Development” – Park Home, combines quiet living environment, broad recreational space and facilities necessary for leading a healthy lifestyle in the vibrant city center. Premium class and energy efficient residential complex located in the Vake district is adapted to the needs of modern man - you can listen to the heartbeat of the capital, relax and get any service necessary for a comfortable living.

Located in 200 meters from Ilia Chavchavadze Avenue Park Home unites 3 independent 10-story buildings. Residential complex is surrounded by the biggest recreational space in the district (8000 m2). Inhabitants will be able to make use of playgrounds and sports grounds, 25-meter swimming pool, gym, parking facility and the concierge service. Additionally, 2-hectare large park will be set up in front of the complex. “Anagi Development” plans to actively take part in the process.

In the very heart of the city Vake district, you will find what you might only have imagined in the suburbs on anunoccupied territory.

Green terraces await in Park home – vertical and horizontal gardening ensures clean air circulation.

Maximum safety measures are present in the Park Home, including 24-hour security monitoring and non-stop video surveillance.

We have a brand new approach towards delivery condition of the apartments – “Comfort Standard+”, apartment is brought to a state of cosmetic repair, fully equipped with air conditioning and heating systems and comprising elements of a smart home.

The construction of Park Home is finished in the June of 2022.

Developer

Anagi is the largest construction company in Georgia. It was founded in 1989 and shortly moved to the leading position in the construction …
Details about Anagi