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Condominium, Georgien

0162 Tbilisi

Exclusive apartments in the heart of Old Tbilisi.

Tbilisi Downtown – Exclusive Apartments in the Heart of Old Tbilisi.

Apartment Types & Prices:

1-Bedroom Apartment ~ 63 m²

from €132,000

2-Bedroom Apartment ~ 108 m²

from €243,500

3-Bedroom Apartment ~ 127 m²

from €250,000

Handover: September 2027

Yield according to the developer: up to 10–12% p.a.

Payment plan: 30% deposit + 70% upon completion

Modern living in historic Tbilisi.

NEXT Tbilisi Downtown is located in Avlabari, one of the oldest and most authentic districts of Tbilisi. Here, the historic atmosphere of the old town meets modern architecture and high-quality living comfort.

The project comprises 217 apartments in five building sections and was designed with spacious layouts, high ceilings, and high-quality technical solutions. Notably, the ceilings are 3.3 meters high, and the floor-to-ceiling windows give the apartments an exceptionally spacious and bright ambiance.

The central location makes the project particularly attractive for owner-occupiers, long-term rentals, and tourist rentals.

Interesting for investors:

NEXT estimates an expected rental yield of approximately 7–11% after completion for the project. Additionally, further appreciation potential is forecasted for central locations in Tbilisi. The apartments can be purchased either without renovation or with various renovation packages.

Another advantage: According to NEXT, purchasing a property from USD 150,000 since March 2026 can generally fulfill the requirement for a Georgian residence permit, subject to the applicable legal conditions.

NEXT Tbilisi Downtown – historic location, modern architecture, and attractive investment potential in the heart of Tbilisi.

Selling price
€132,000 ($211,933)
Rooms
2
Bedrooms
1
Bathrooms
1
Living area
55 m²

Basic details

Listing number 676919
New construction Yes (Under construction)
Selling price €132,000 ($211,933)
Rooms 2
Bedrooms 1
Bathrooms 1
Bathrooms with toilet 1
Living area 55 m²
Total area 63 m²
Area of other spaces 8 m²
Description of living spaces 217 modern apartments 1-, 2- and 3-bedroom apartments 3.3 m ceiling heights Floor-to-ceiling windows Fully equipped kitchens High-quality construction materials
Description of other spaces 5 elevators Fitness center Business lounge Library Lobby & reception 24/7 concierge & security service Room service Laundry service Valet parking Landscaped garden Children’s areas Parking spaces Professional property management
Area description Prime Location in Avlabari Avlabari is located directly on the Mtkvari River and offers an ideal connection between historic Tbilisi and modern city life. The famous Old Town, historic landmarks, restaurants, cafés, local markets and cultural attractions are all just a few minutes away.
Measurements verified No
Measurements based on Building plan
Floor 1
Residential floors 5
Condition New
Parking Parking space
Features Air-conditioning, Security system, Double glazzed windows, Boiler
Views Yard, Front yard, Neighbourhood, Street, Countryside, City
Storages Wardrobe
Floor surfaces Tile
Wall surfaces Concrete, Paint
Bathroom surfaces Tile
Kitchen equipments Gas stove, Oven, Hot-plate, Freezer refrigerator, Cabinetry, Kitchen hood, Dishwasher, Microwave, Washing machine
Bathroom equipments Shower, Sink, Shower wall, Toilet seat, Water boiler, Shower stall
Description High ROI / prime location / price still very affordable

Building and property details

Construction started 2025
Construction year 2027
Inauguration 2027
Floors 5
Lift Yes
Roof type Flat roof
Ventilation Natural ventilation
Foundation Concrete
Energy certificate class A
Heating Gas heating
Building materials Concrete
Roof materials Concrete tile
Facade materials Concrete, Concrete element, Stone, Glass
Common areas Lobby, Gym, Swimming pool, Parking hall, Restaurant
Number of buildings 4
Terrain Flat
Road Yes
Land ownership Own
Planning situation Detailed plan
Municipality engineering Water, Sewer, Electricity, Gas

Services

Shopping center 1 km  
Grocery store 0.2 km  
School 0.6 km  
University 0.4 km  
Kindergarten 0.2 km  
Hospital 1.5 km  
Restaurant 0.2 km  
Park 0.4 km  

Public transportation access

Metro 0.6 km  
Airport 20 km  

Monthly fees

Maintenance 100 € / month (160.56 $) (estimate)

Purchase costs

Notary €200 ($321) (Estimate)
Other costs €600 ($963) (Estimate)

This is how the buying of your property starts

  1. Fill out the short form and we will arrange a meeting
  2. Our representative will contact you without delay and arrage a meeting.

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