104 466 €
104 466 €
Sale price | 104 466 € |
Price per square meter | 2 705.67 € |
Floor area | 38.61 sq.m |
Floor | 5 |
Number of storeys | 22 |
Total number of rooms | 1 |
Number of bathrooms | 1 |
Construction phase | Off-plan |
Facility completion deadline | 3 кв.2027 г. |
The property can be rented out |
Address | Georgia, Tbilisi |
Location | within the city |
Type | Studio |
Possible payment by installments |
Residential complex in the ISANI area
A multifunctional complex in the center of the Isani district next to the metro with stunning views of the Mtkvari River and Old Tbilisi.
The project is focused on comfortable and luxurious accommodation in the heart of Tbilisi.
Location: Mtkvari river beach and only 10 minutes by car to the center of Tbilisi.
There are two buildings in the project - residential and hotel :
Block A is a hotel under the brand Barcelo Hotels and Resorts, 370 apartments - 11 floors of the hotel and 11 floors of the investment apartments.
Block B - residential - with a criminal code from the developer - 340 apartments.
Construction began in March 2024 and ends at the end of 2027.
Full opening date: spring 2028.
There are 22 floors in each block.
Area of the territory: 9000 sq.m , of which 5000 square meters are infrastructure and commercial areas.
Hotel block A
From the 2nd to the 11th floor there is a hotel with 150 rooms . They are rented on a turnkey basis.
12-22 floors - investment apartments. They are rented on a turnkey basis.
On the second floor there is a spa, a swimming pool, a fitness room and relaxation rooms.
On the ground floor there is a commercial area with restaurants, a lobby, a bar and a fully furnished terrace.
The cost of maintenance:
Block A hotel: $1 per sq.m, with a limit of $50 per apartment.
Apartments: $0.9 per sq.m, with a limit of $45 per apartment.
The infrastructure will meet the standard of a 5-star hotel:
Spa, Swimming pool, Fitness on the second floor of block A.
Commercial Areas: Restaurants, lobby, bar, breakfast area.
Underground Floor: Closed restaurants, night shows and 3-level parking for 150 cars.
Block A: The rooms and apartments are fully furnished on a turnkey basis.
Profit distribution in the hotel: 80-20% (Investor-Barcelo).
The profitability of the investment apartments is about 14% per annum
The payback period is 7-8 years.
Residential block B
22 floors.
They are rented in a white frame. The square footage is from 39 m2 studio and 1+1 53 m2.
Renovation from the developer without furniture and appliances - 500 USD/m2
Turnkey renovation 700 USD/m2
Gas heating.
White frame - interior partitions, entrance door, communications are connected, the balcony is decorated.
Block B: white frame, additional finishing or repair is possible.
Payment:
30% down payment,
An installment period of 48 months. Monthly or quarterly schedules, the last payment is no more than 25%.
* In the announcement, an apartment in block A with turnkey delivery in the 2nd quarter of 2028, ready to move in or rent out.