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River Park by Index in Tbilisi

Name: River Park by Index
Brand: Index
SKU: 27463
Availability: InStock

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Project info

Object ID: 27463

Finished at	December 2024
Price, m²	1750$ — 2100$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 46.50 m²
Floors	4
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Pool
Free consultation	Ask a question

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

80,500$

Net profit

6,783$

Payback period

8.9 years

Avg property value increase per year

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Promos and discounts for River Park by Index

About the project

Location

River Park by Index is a new multifunctional district in Dighomi 8, located on the banks of the Mtkvari River in a unique microclimatic zone covering 30,000 m². Studies suggest that living in such a microclimate significantly improves the quality of life and human life expectancy.

Low-Density

The project features low-density, four-story buildings, offering more space and a healthier environment.

Rooftop Terraces

The project architecture incorporates multiple spaces for River Park residents to socialize and enjoy outdoor living. Additionally, the rooftop terraces enhance the project’s overall appeal.

Terms of payment

River Park by Index is fully funded by TBC Bank, ensuring we meet all construction deadlines.

In terms of financing, our team works hard to provide individually adjusted payment options for our customers. In this project, the initial payment is 0%, customers don’t have to make any upfront payments or take out bank loans to invest. Moreover, we offer a 12-months interest-free installment plan for real estate purchases, allowing users to manage their finances according to their preferences.

Developer

Index | Wealth Management is a real estate development and investment company offering multifunctional projects in Tbilisi. Each project is …
Details about Index