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Sterling Residence

Sterling Residence

Sterling Residence

m/s Didube, T'bilisi, Georgia

For Sale

$43,813

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Property ID :

 10270-property

Bedrooms

1

Bathrooms

1

Area

46.3

Year Built

2020

Description

Our project is a 9 floor multi-functional business building consisting of a large media center, trade center, New York style co-working box office space and 99 residential apartments. It is currently being built by Arbi Construction Group.

The last two floors of Sterling Residence, called the ‘Reserve’ will be delivered fully furnished equipped with appliances, completely turn-key apartment meeting all International quality and safety standards. These units are directly tailored for property management and investment purposes.

The ‘Reserve’ is Ideal for investors looking for Affordable investments in strategic areas of Tbilisi as this option comes fully furnished and equipped, turn-key, on the last floors of the project.

Our project is in the heart of Didube with only a few minutes drive from Didube, Gotsiridze and Tsereteli metro stations. Your apartment is only tens of meters away from Tsereteli Avenue meaning you are in the middle, ideally connected to all parts of the city yet away from all the traffic noise. This is ideal for long-term income as it is guaranteed to always be rented from a Georgian, making this investment very sustainable for us to look after it for you.

Every apartment has its own balcony and the architect has designed each layout in a way so that each and every apartment receives the necessary amount of sunlight and heat essential to your apartment, and with the help of their special thermal insulation in their facade, you will minimize the heating costs of your apartment in Winter. Another upside on the facade is that their Decorative plastering will really make your home stand out from the rest.

The building is following all EU building regulations with Fire alarm systems of international standards – fire detectors on every floor and fireproof doors in hallways with second exit in case of emergencies.

Parking is usually a problem in Tbilisi, but not in this building. They have 42 car spots and 20 visitor car spots.

The construction is finishing Q4 2020 giving you now the chance to invest early with higher margins and pay in installments as construction progresses.

However, Full cash settlements receive 10% discount and a complimentary stay up to 15 days in King David Residences while construction progresses.

The apartments will be handed over to you turn-key, fully furnished and ready to move-in or for rent. The unit sizes range from 43 sqm up to 150sqm, from studios up to four bedrooms. If you wish to have a finished unfurnished option that is also possible.

The Investment for a Finished apartment costs 1,012$ per square meter (includes wooden laminate, lighting, kitchen , bathroom , and heating system) All fees and tax is included.

Furnished Designer apartments costs 1,140$ per square meter ( includes all movable furniture, design and decorative) All fees and tax is included.

UPDATE: Currently there are only 32 more units remaining.

JOIN OUR STERLING INVESTMENT PROGRAM , BECOME A MEMBER OF OUR INVESTORS CIRCLE AND INVEST IN THE GEORGIAN REAL ESTATE MARKET TODAY.

  1. Sale Purchase Agreement ( Payment Plan Customizable )
  2. Renovation Agreement ( Our Design is seen on the 3D floor plan )
  3. Property Management Agreement ( First year 10% ROI guaranteed )

We have made investing in your first real asset possible, and affordable. We have created a customized payment plan suitable for every investor, making it possible for everybody to invest.

Payment Plan Option 1 [INTERNAL]

43m2 Fully Furnished Studio Apartment

Purchase Price: USD 36,550 ( for ownership ) + USD 12,470 (for design, renovation finishings, decorative, and furnishings)

Down Payment: USD 14,706

24 Monthly Installments of 758$ monthly 

10% on completion: USD 3655

Investment Forecast: Sterling Residence is at the heart of Didube, where it will ought to be the most modern commercial working environment, providing co-working and co-living space for the Media Industry and Stock and Crypto Traders.

As a special winter and new year offer we are guaranteeing 10% ROI for the first year under our  property management contract.

Payment Plan Option 2 [REAL ESTATE LOAN FROM OUR BANKING PARTNER]

43M2 Fully Furnished Studio Apartment

Purchase Price: USD 36,550 ( for ownership )

10% Down Payment: USD 3,655

10 year installment at 7% interest 12o monthly Installments of approximately only 330-380$ monthly 

3 months before completion:  USD 12,470 (for design, renovation finishings, decorative, and furnishings)

 

 

STERLING for you

Receive more information regarding this property through +995551071121

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