2 bedroom flat for sale
Georgia - T`bilisi
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- Children's Playground
- 24/7 Security
- Football Pitch
- Close to Metro
- Shopping Mall
- Entertainment Centre
This is the first building in one of the largest projects currently under construction in Tbilisi today. Starting construction in January 2016, the total value of the project is $60 million and, upon completion, will cover an area of 27,000m2. The project will eventually accommodate five separate, high-rise residential buildings, a hotel, shopping mall, school, entertainment centre plus a variety of sports grounds and gardens covering an area of over 10,000m2 - practically a self-contained village.
Even before full completion of the entire complex, early residents here will still benefit from excellent facilities right on their doorstep. Most important of these facilities is the fact that Isani Metro Station is just three minutes' walk from here, allowing quick and easy access to all parts of the city. Closer still is the established Isani Mall and Carrefour Market, which are both immediately adjacent to the new project.
Isani A is scheduled for completion in April 2018 and will consist of a total of 301 apartments in a 24-storey building. Such a tall building will tower over the other buildings in the area and, as the majority of apartments on the lower floors are already sold out, all of the remaining apartments offer stunning views over the city.
The apartments at Isani A start with sizable one-bedroom apartments which range in size from 53.1m2, going up to 61.7m2. The two-bedroom options have been the best-sellers in the project and there are now only a few remaining. These two-bedroom apartments start at a highly affordable 62.5m2, going up to a larger 98.4m2. There is just a single three-bedroom apartment remaining now, at 122.5m2.
Despite the highly convenient location of Isani A and the on-site facilities which will become part of this multi-functional development, prices here are far from expensive. Prices here start from just $630/m2 for apartment here delivered to 'White Frame' standard. These will require finishing before they can be lived in, which will cost a minimum of $200/m2. So, in total, finished apartments here are available from just $830/m2.
This gives the following starting prices for finished apartments:
53.1m2 One-Bedroom Apartment - $45,135
62.5m2 Two-Bedroom Apartment - $56,250
122.5m2 Three-Bedroom Apartment - $112,470
The standard payment terms for apartments at Isani A are 30% upon contract, with the remaining 70% payable in monthly installments throughout the few months remaining of the construction period.
If these terms are still outside your reach, however, Isani A is one of the few projects in Tbilisi where it is possible for foreign buyers to obtain a home loan, via the developer's partner, VTB Bank. For those looking to buy an apartment on credit, terms would be 30% upon contract, with the remaining 70% paid over a 10-year period. The current interest rate on USD loans is 10% per annum.
This means that it is possible to purchase an apartment here for $10,355 down, with monthly installments of just $319.28 (not counting the cost of finishing).
For buyers who are looking for an affordable apartment in a highly convenient location, just three minutes' walk from a Metro station, and who are unable to wait too long to move in, then Isani A is surely the ideal choice.
- Tbilisi (INTERNATIONAL), 8.9 miles
*Distances are straight line measurements. This feature is currently in beta.