New Construction in Tbilisi: Attractive Opportunities 2026

Price per square meter at excavation stage is significantly cheaper than a completed building. By final handover, prices naturally rise, generating income without additional effort.​

Developers offer flexible schemes with initial down payment from 20% and installments stretched up to 4 years interest-free. The rate is fixed upon signing documents, protecting against market fluctuations.

Rates vary significantly. Elite Vake and Mtatsminda start from $1,900–$2,775 per sq.m. One-bedrooms here begin from $53,000–$89,000.

More affordable are Saburtalo, Chugureti, and Isani—$1,260–$1,890 per sq.m. Compact studios can be found from $26,000–$37,000. Ideal for renting to young professionals and working individuals.

Technology and Safety

Today's buildings are constructed with seismic resistance and energy efficiency in mind. Thermal insulation, well-designed engineering, and ventilation substantially reduce operational costs.​

Ergonomic Layouts

Developers offer spacious units with balconies, high ceilings, and panoramic glazing. Open kitchen-living room, isolated bedrooms, and efficient space utilization have become standard.​

Well-Maintained Environment

Projects include gated courtyards with children's zones, fitness centers, underground garages, and retail spaces. Landscaping and walking paths create a favorable atmosphere for families.

The main advantage of the Georgian market is interest-free schemes for extended periods. Companies fix parameters: initial payment 20–50%, remainder paid in installments before or after commissioning.

Terms stretch from one to four years. Individual firms allow starting with 10%. Zero interest makes offers more advantageous than banks.​

Fixed rates protect against price increases. Even with market rate growth of 20–30%, the buyer pays the locked-in amount.

Saburtalo — Student Hub

Active area with universities and developed commerce. Starting from $1,320 per sq.m attracts investors focused on long-term rentals. Steady demand ensures regular income.

Vake — Premium Segment

Prestigious location with parks, embassies, and elite infrastructure. Threshold from $1,900 per sq.m. High liquidity and steady appreciation attract serious investors.

Chugureti — Tourist Potential

Authentic center near attractions. From $1,890 per sq.m—optimal for short-term rentals to travelers. Proximity to center provides year-round flow.

Isani — Accessible Entry

Promising eastern area with growing infrastructure. Starting $1,260 per sq.m opens the market path. Proximity to business quarters attracts working professionals.

Excavation — High Returns

Starting at foundation provides minimum rate and maximum appreciation. Risks are higher: delays possible. For experienced players ready to wait 2–3 years.​

Frame — Golden Mean

Mid-stage with balance of profitability and reliability. Property is already physically visible. Rate higher than excavation but 15–20% below market.

Pre-handover — Safety

Nearly completed building guarantees quick occupancy. Rates close to market but 5–10% lower. Ideal for living or quick rental launch.

Study reputation: history of completed projects, reviews, and deadline adherence. A reliable firm is the key to quality and timely completion.​

Check surroundings: transport, schools, medical facilities, commerce. Actively developing areas provide appreciation and liquidity.

Assess features: garage, secured courtyard, retail, recreation areas. Rich infrastructure increases attractiveness for rental and sale.