The FINANCIAL — For those looking to avoid the complications of managing renovation works, m² Real Estate offers an opportunity to buy fully renovated flats at m² at Hippodrome.
It is convenient and saves you money – this is how Irakli Burdiladze, Chairman of the Supervisory Board at m² Real Estate, summarises the advantages of the new offer.
Customers can choose the style, colour scheme, design and materials of their future flat. m² architects may also provide assistance to the the customers with the selection of fit-out materials and design of the flat.
“All the nine blocks at m² Hippodrome have already been constructed and roofed, which gives us the possibility to start the renovation works ahead of schedule,” said Irakli Burdiladze. “The renovation works are about to finish in about 170 flats. For developers it is a big headache to take on the responsibility of the renovation of the flats. But on the other hand this is extremely convenient for the customers. First of all, it will be twice as cheap for the flat owners to let us do the renovation works instead of doing iton their own. Another advantage of our offer is that all home-buyers will move in at the time when the entire complex is fully finised and will not be disturbed by the noise of constant renovation works going on in the neighbourhood,” he added.
Those who wish to purchase an apartment at m² at Hippodrome can make use of an instalment offered by the company itself.. . This means a customer can make a downpayment of 25% of the cost of the apartment and pay the rest over time, in pre-agreed amount till the residential complex is finished…
The prices of apartments at m² at Hippodrome start from $1,200 per sq.m. In case of a 15-year mortgage loan monthly payment starts from $549.
76% of the apartments are already sold. The size of the smallest flat in these complex is 47 sq.m. Also, there is a possibility of combining adjacent flats to arrive at a bigger size apartment. For those who wish to experience a turn-key apartment, the company offers to visit one if its showrooms at m2 Hippodrome.
Alongside with the home renovation works, m² Real Estate offers property management services. “This service will not be free of charge for the home-buyers, they will be charged reasonable fees for the service. Residents will benefit from: 24/7 security, cleaning services and gardening,” Irakli Burdiladze said.
m² at Hippodrome project, m² Real Estate plans commencement of the new projects shortly. “Many customers have already started to sign up for our future projects. We plan to start consruction works early in December. One housing project will be developed at Kazbegi Avenue and at the junction of Vazha-Pshavela Avenue and Nutsubidze Street. Both projects will be finished within two years,” said Irakli Burdiladze.
The construction of m² Hippodrome (buildable area – 63,247 sq.m.) started on 2 April, 2012 and will be finished by September 2014. Construction materials are of decent quality, e.g. concrete is supplied by Heidelberg Cement and re-bars – by GeoSteel. Internationally recognized company Aecom, which provides consultancy in engineering and project management world-wide, is supervising the project according to the requirements of the Dutch Development Bank (FMO), which provides the financing for m² at Hippodrome project.
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