Studio apartment 1 bedroom 30 m² Tbilisi, Georgia
Location
Property characteristics
Building parameters
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The year of construction2027
Apartment parameters
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Floor4 -
Rooms1 -
Bedrooms1 -
Bathrooms1 -
Total area30 m²
Description
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ISANI Complex
Tbilisi
Isani District
Multifunctional complex.
An exquisite project, thanks to which you can take a new look at luxury accommodation and hospitality in the heart of Tbilisi. Isani is not just a project; it is a way of life, a combination of luxury 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 - hotel under the Barcelo Hotels and Resorts brand.
block B - residential - management company from the developer
Construction: beginning March 2024 - end of 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 |
5000 square meters of infrastructure and commercial space.
Residential building - views of the river and the Ortachala district.
Hotel building - views of the Isani district.
Hotel block A
From the 2nd to the 11th floor there is a hotel. 150 rooms. Turnkey for rent.
12–22 floors - investment apartments. Turnkey for rent.
On the second floor there are - spa, swimming pool, fitness room and relaxation rooms.
On the ground floor there is commercial area - restaurants, lobby, bar and fully furnished terrace.
Heating up to the 11th floor is central split system. From the 12th floor there is a central gas supply (boilers in those rooms).
Maintenance 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.
Infrastructure will meet the standard of 5-star hotel:
Spa, 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 the apartments, emphasizing the concept of the project.
Details by Investment:
Distribution of Profit in the hotel: 80-20% (Investor-Barcelo).
Sources of Profit: Hotel rooms, spa, food and beverages, and other services.
Comprehensive distribution of profits, regardless of the rental status of the apartments.
Barceló Hotel Standards:
Minimum 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 combine areas at their discretion.
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Residential block
22 floors.
Rented in a white frame. Footage from 39 m2 studio and 1+1 53 m2.
Repair from the developer without furniture and equipment - 500 $\m2
Turnkey renovation $700\m2
Gas heating.
White frame - interior partitions, entrance door, communications connected, balcony decorated.
Block A : Fully furnished turnkey.
Block B: White frame; additional finishing or repairs are possible.
Arranging for a mortgage:
75% in installments at 0% from the developer for year
25% on a mortgage up to 10 years in lari.
Payment:
30% down payment,
installments for 48 months. Monthly or quarterly schedules, last payment no more than 25%.
Profitability of investment apartments is about 14%
Payback 7-8 years
Commercial premises available 2000- 3000 USD\m2 white frame. Areas at the approval stage.
Location on the map
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