Prices for New Developments in Tbilisi from Developers

Cheap meters at $600 are gone.

Economy Class: $900–1100 / m²

Locations: Gldani, Varketili, Samgori.
Stage: Excavation or initial floors.
Condition: "Black frame." Bare concrete walls, no screed, no electrical wiring. Windows are cheap, entrance door needs replacement.
Risks: High. Often built by small companies. Handover delays up to 1–2 years.

Comfort Class: $1200–1600 / m²

Locations: Saburtalo, Isani, Didube.
Stage: Mid-construction or handover this year.
Condition: "White frame" or "Green frame." Floor screed present, walls plastered, pipes brought in, electricity to points. Quality windows (Rehau/Dio).
Infrastructure: Gated courtyard, barrier, video surveillance, modern elevators (Mitsubishi/Kone).
Liquidity: High. Easy to rent out for $600–900 per month.

Business and Premium: from $1900 / m²

Locations: Vake, Vera, Mtatsminda, Saburtalo center.
Stage: Any.
Condition: Free layout or "turnkey" renovation.
Features: Panoramic windows, terraces, concierge, pool, fitness gym for residents.
Ceiling: Exclusive projects reach $3500–4000 per meter.

Location choice determines profitability. You need to buy a new development in Tbilisi from a developer where there is demand.

Vake: Capital Preservation

The most expensive district. No metro. Diplomats, expats, elite live here.
Entry: from $1900 per meter.​
Rent: from $1000 per month.
Pros: Status, parks (Vake, Mziuri), best schools.
Cons: Traffic jams on Chavchavadze Avenue. Parking is hard to find.

Saburtalo: Tenant Flow

The most popular district. Metro, City Mall, universities, clinics.
Entry: from $1300 per meter.​
Rent: from $600–700.
Pros: High liquidity. Apartments don't sit empty. Students and families always rent here.
Cons: Dense development, noise.

Isani: Price Growth

Left bank, 5 minutes to center. Actively developing.
Entry: $1100–1300.​
Rent: from $500–600.
Pros: Price growth perspective of 15–20% after handover. Metro nearby.
Cons: Fewer entertainment options than in the center.

Didi Digomi: For Families

Residential suburb on the outskirts. Wide streets, air.
Entry: from $900.​
Rent: from $400–500.
Pros: Large area for reasonable money.
Cons: Far from center, traffic jams morning and evening.

A buyer thinks: "Buying an apartment in Tbilisi Georgia new development at the sales office is safer." This is a mistake. The developer's manager works for a sales plan. Their task is to sell illiquid assets.

Risk 1: Deadlines
In Georgia, there are no strict penalties for delays. Promised keys in December 2026? Expect them by summer 2027. The manager will keep quiet about this. We know the real situation on site.

Risk 2: Quality
A beautiful facade does not guarantee silence. Thin walls, cheap pipes, weak water pressure are frequent problems. We check technical documentation.

Risk 3: Window View
They sell a "mountain view." A year later, a high-rise grows in front of the window. View blocked, price drops. We check the district master plan.

Risk 4: Contract
Standard contract protects only the developer. Termination penalties for you are huge. We make amendments to the contract before signing.

The procedure is simple. Residence permit not needed. Purchase tax 0%.
Selection: We analyze the budget. Filter out long-delayed projects.
Reservation: Choose an apartment. Sign a preliminary contract. Pay a deposit ($1000–2000). Price is fixed.
Payment:

• 100% payment: Transfer to developer's account.
• Installment: Down payment 10–30%. Balance in equal shares until end of construction. Interest-free. Only passport needed.
• Mortgage: Difficult for foreigners. Income in Georgia and residence permit required. Rates are high (8–10% in foreign currency).

Registration: Deal at the Public Service Hall (Public Registry). You receive an extract with a code. Property right is guaranteed. Possible remotely via power of attorney.