Isani complex
Tbilisi
Isani area
Multifunctional complex.
An exquisite project, thanks to which you can take a fresh look at luxurious accommodation and hospitality in the heart of Tbilisi. Isani is not just a project; it is a lifestyle, a combination of luxurious accommodation and world-class hospitality.
Stunning views of the Mtkvari River, Samgori and Old Tbilisi.
Location: Mtkvari River beach and just 10 minutes by car to the center of Tbilisi.
two buildings - residential and hotel
block A is a hotel block under the Barcelo Hotels and Resorts brand.
block B - residential - management company from the developer
Construction: early March 2024 - late 2027.
Opening date: Spring 2028.
22 floors in each block
340 apartments in a residential block
370 apartments in a hotel block - 11 floors hotel+ 11 floors investment apartments.
Territory area: 9000 sq.m |
5,000 square meters of infrastructure and commercial space.
Residential building - views of the river, and Ortachala district.
Hotel building - views of the Isani area.
Hotel block A
2nd to 11th floor - hotel. 150 rooms . Turnkey for rent.
12–22 floors - investment apartments. Turnkey for rent.
On the second floor there is a spa, swimming pool, fitness room and relaxation rooms.
On the ground floor there is a commercial area - restaurants, a lobby, a bar and a fully furnished terrace.
Heating up to 11th floor central split system. From the 12th floor there is a central gas floor (boilers in that room).
Service cost:
Hotel block A: $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 5-star hotel standard:
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.
Views from the apartments: Mtkvari River, Samgori, Old Tbilisi.
Large terraces for apartments that emphasize the concept of the project.
Investment details:
Distribution Profits at the hotel: 80-20% (Investor-Barcelo).
Sources Profits: Hotel rooms, spa, food and drinks, and other services.
Comprehensive distribution of profits, regardless of apartment rental status.
Barceló Hotel Standards:
At least four stars.
Main tourist destinations.
Extensive infrastructure: swimming pools, restaurants, bars, spas, fitness centers.
Excellent service.
Design: Modern, stylish interiors with an emphasis on natural materials.
Minimum Apartment Area: 30.34 sq.m.
Important: Investors can pool space at their discretion.
Residential block V
22 floors.
They are rented out in a white frame. Notes from 39m2 studio and 1+1 53m2.
Repairs from a developer without furniture and equipment - $500\m2
Turnkey repair $700\m2
Gas heating.
White frame - interior partitions, front door, communications are connected, the balcony is decorated.
Unit A: Fully turnkey furnished".
Block B: White frame; additional finishing or repair possible.
Mortgage registration:
75% in installments at 0% of the developer for years
25% on a mortgage under 10 years old in lari.
Payment:
30% down payment,
installment plan for 48 months. Monthly or quarterly schedules, last payment not exceeding 25%.
The profitability of investment apartments is about 14%
Payback 7-8 years
Commercial premises available $2000-3000\m2 white frame. Areas at the approval stage.
