Buying New Construction in Tbilisi: Tips and Prices

Modern complexes are built using current technologies with improved thermal insulation and quality materials. Many projects include underground parking, recreation areas, children's playgrounds, and security systems.​

Most developers offer interest-free installment plans—initial down payment of 10–30% in early construction stages, with the remainder paid in installments until handover or after. This reduces financial burden and makes the entry threshold accessible.​

Upon signing the contract, the price is fixed regardless of market fluctuations. This protects against inflation and allows precise expense planning.​

Entry at the foundation or early construction stage is typically 15–25% cheaper than a completed property. By the time of handover, prices rise, providing profit on resale or increasing your portfolio value.

Costs vary depending on location, project class, construction stage, and developer reputation.

Saburtalo

The district offers diverse projects in the affordable category. According to catalog data from September 2025, the range is from $40,400 to $120,050 per apartment depending on square footage.​

Price per square meter ranges from $1200 to $1790. The district attracts with convenient transport connections, shopping centers, and educational institutions—factors important for subsequent rental or resale.

Vake

Prestigious area with higher valuations. Price per square meter starts from $2300 and reaches $5000 in elite complexes.​

Total property costs range from $60,050 to $200,500 for standard formats. Premium projects with panoramic views and expanded infrastructure are more expensive.​

Peripheral Areas

In less central districts, starting indicators begin from $535–650/m². This makes the primary market accessible for limited budgets, however assessment of transport accessibility and development prospects is critical.

Installment plans are a key tool allowing entry into transactions without loans and overpayments.​

Standard model: first payment of 10–30% in early construction stages or 30–50% when the project has high completion percentage. The remainder is divided into monthly or quarterly payments over 12–48 months.​

Most companies offer interest-free terms until handover or a certain percentage of completion. Some developers allow transferring part of payments to the period after commissioning.​

The schedule is typically designated in formats like 30/70 or 20/60/20. The first part is paid upon contract signing, the second during construction, the third after handover. Two types are distinguished: Handover—before construction completion or receiving keys; Post-handover—after completion or receiving keys.

To buy a new construction apartment in Tbilisi, Georgia without risks, evaluate several parameters.

Company Reliability

Study the developer's portfolio: completed projects, adherence to deadlines, buyer reviews. Working with large and proven players reduces the probability of delays or documentation problems.​

Clarify the availability of financial guarantees for project completion. Some companies insure construction or use escrow accounts to protect buyer interests.

Construction Stage

Entry at early stages (excavation, foundation) is typically cheaper but requires patience until handover. Properties at the final finishing stage are more expensive, but risks are minimal and move-in is possible sooner.​

Assess the realism of stated deadlines: work pace, amount of equipment deployed, presence of workers on site. This shows how well the company adheres to the schedule.

Location and Surroundings

Proximity to metro, transport, shops, schools, and parks affects liquidity. Housing in convenient locations rents faster and sells more easily.

Study microdistrict development plans: appearance of shopping centers, social facilities, road infrastructure increases attractiveness and accelerates price growth.

Legal Nuances

Read the contract carefully: price fixation, detailed payment schedule, completion deadlines, penalties for violations.​

Check early repayment conditions: many developers provide discounts for accelerated payment. This can be advantageous if additional funds become available during the process.

The primary market demonstrates activity. Over ten months of 2025, more than 34,000 transactions were registered, with total volume of approximately $2.8 billion—13% growth compared to the same period in 2024.​

A developer survey showed a 26.7% increase in sales compared to the previous year. In April 2025, authorities issued construction permits for residential space of almost 246,000 m²—26% more than a year earlier.​

Experts note growing interest from foreigners, especially from Israel—accounting for 11% of sales. Forecasts indicate: central projects will appreciate faster, while metro-adjacent districts will maintain high demand.