Studio apartment 1 bedroom 30 m² Tbilisi, Georgia

Georgia, Tbilisi
€83,432
€2,750/m²
;

Location

  • Country
    Georgia
  • City
    Tbilisi
  • Metro
    Nadzaladevi (~ 900 m)

Property characteristics

Apartment parameters

  • Price per m²
    Price per m²
    €2,750/m²
  • Floor
    Floor
    4
  • Rooms
    Rooms
    1
  • Bedrooms
    Bedrooms
    1
  • Bathrooms
    Bathrooms
    1
  • Total area
    Total area
    30 m²

Building parameters

  • The year of construction
    The year of construction
    2027

Interior details

Heating:

  • Central heating

Interior Features:

  • Double-glazed windows
  • Balcony

Property condition:

  • Renovated

Location

  • City Center

Description

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.

 

Updated at: 23/03/2024

Location on the map

Georgia, Tbilisi

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