TBILISI, Capital of Georgia.
Luxury apartments in a new, modern-designed building.
Details
- 2 large towers with 306 apartments
- Delivery in April 2027
- Lower floors for hotel use
- Sale of an apartment on the 13th floor
General description
Hotel chain Barceló is building this grand four-star hotel in the capital of Georgia, due to the country’s great touristic growth. It will consist of :
STUDIO- fully furnished on 16th floor 84.555 USD ( 31.62 m2)
NO SALES TAX
Payment scedule:
Reservation fee 1.000 USD
Deposit within 30 days – 30%
Monthly installments free of taxation
Bank loans for the remaining 70% available for up to 10 years.
Management Service: 7%
This service includes Property Registry at the Ministry, Opening of Bank Account. Power of Attorney, Translations, Formalization of Sales Procedures, Airport pickup, Inspection of property and a 3-night’s stay at a nigh-end hotel hotel.
All apartments have balconies and are elegantly furnished. They profit from the amenities a de-luxe hotel, such as this one, has to offer like: restaurants, bars, swimming pool, sauna and spa, disco, supermarket cinema, shopping arcade and more.
There is no property tax in Georgia. Other advantages are:
Long-term annual gains at aprox. 10.59%
Rental profitability around 15%
Interest-free financing
The GDP growth in Georgia of last year was 10.2%
This is a place to invest now. At the moment prices are pre-construction but will have increased by the time of the completion of this project.