Total area: 62 m2
- Number of rooms: 2
- Number of bedrooms - 1
- Floor - 22/37
Cost per m2: $1,709
Total cost: $106,000
- free of repair and furniture
- White Square LCD
- near shops, school, post office, banks, medical center, cafe, Technical University, metro "Medical University"
Saburtalo – Investment Review
Positioning. Large residential area west of the center along Vazha Pshavel Avenue and Kazbegi. Strong transport connectivity: metro line (Technical University / Medical University / Delisi / State University), developed bus corridors. University clusters (Techuniversity, Medical University), shopping centers (City Mall), sports and medical infrastructure. The fund is mixed: from Soviet “panels” and bricks to numerous new LCDs.
Who's good?
Students and young specialists (living near universities/metro), IT students and relocants, families who are important schools/gardens and a yard, but need a quick connection with the center.
Investment note.
Buy-to-let (12+ months): high and predictable demand for 1-2 bedrooms from the subway and universities; in terms of price/rental area is usually more profitable than premium Vake.
Average term (3-6 months): works near honey / IT clusters and for relocants "under contract".
Flip: Upside in competent renovation of standard layouts; more liquid – houses 2015+ with elevator/parking, floors not lower than 3-4, proximity to the metro station ≤ 8-10 minutes on foot.