Condominium, Georgien
0162 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 ($152,671)Rooms
2Bedrooms
1Bathrooms
1Living area
592 sq ftBasic details
| Listing number | 676919 |
|---|---|
| New construction | Yes (Under construction) |
| Selling price | €132,000 ($152,671) |
| Rooms | 2 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Bathrooms with toilet | 1 |
| Living area | 592 sq ft |
| Total area | 678.1 sq ft |
| Area of other spaces | 86.1 sq ft |
| 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 | 0.6 mi |
|---|---|
| Grocery store | 0.1 mi |
| School | 0.4 mi |
| University | 0.2 mi |
| Kindergarten | 0.1 mi |
| Hospital | 0.9 mi |
| Restaurant | 0.1 mi |
| Park | 0.2 mi |
Public transportation access
| Metro | 0.4 mi |
|---|---|
| Airport | 12.4 mi |
Monthly fees
| Maintenance | 100 € / month (115.66 $) (estimate) |
|---|
Purchase costs
| Notary | €200 ($231) (Estimate) |
|---|---|
| Other costs | €600 ($694) (Estimate) |
This is how the buying of your property starts
- Fill out the short form and we will arrange a meeting
- Our representative will contact you without delay and arrage a meeting.
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