We use cookies to optimise your experience on our website. If you continue we'll assume that you are happy to receive our cookies. However, if you would like to, you can change your cookie settings at any time.

Continue

For improved printing use the print button on the page

print button

3 bedroom flat for sale

Georgia - T`bilisi

USD $87,970

like this property?

Call: 03339 396442
  • Description
  • Floorplans (0)
  • Map
  • Video tour (1)

Key features:

  • 24/7 Reception
  • 24/7 Security
  • Convenience Store
  • Parking
  • Gardens

Full description:

Archi Saburtalo is an excellent choice for anyone looking for an affordable apartment located in the popular and upmarket Saburtalo area, which is a very popular buying destination for many foreigners.

The project is a single tower building, which stands 22-storeys tall. Towering over the other buildings in this generally low-rise part of the city, apartments on the upper floors will enjoy beautiful views.  The project started construction in the summer of 2017 and is scheduled for completion in April 2019.

In total, the project will contain 217 apartments and will cover an area of 21,454m2.  This sizable plot means that there is space for a beautiful garden area, which is totally secure, so is an excellent area for children to play.  The lower three floors of the project are allocated to parking.  Reserved parking spaces are available for purchase in the garage at an additional cost of $5,000 each.   The development will also include a variety of retail outlets in the the ground floor units, which means that residents here will be able to complete their daily shopping without need to venture out from the project.

One of the major reasons why the Saburtalo area is so popular is the fact that Tbilisi's second metro line runs through the area.  Archi Saburtalo occupies an excellent, quiet location in Saburtalo right at the end of the line, just 500m from Tbilisi's newest metro station, which was opened in October 2017.  The area immediately surrounding the project is generally low density, with many green areas between the buildings.  The project is within 200m of two universities - Sokhumi and Iberia, which means there are good long-term rental opportunities here to students studying here.  Also within easy walking distance is a major Fresco supermarket and also two hospitals.

The apartments at Archi Saburtalo come in all of the most popular sizes.  The one-bedroom apartments here are all spacious, started at 52.5m2, going up to 70.7m2.  The two-bedroom options start at a highly affordable 69.2m2, going up to a large 134.8m2.  There are also just three remaining three-bedrooms apartments here, with a minimum size of 92.6m2 and a maximum of 117.8m2.

For such a highly desirable and upmarket location as Saburtalo, prices at Archi Saburtalo are highly affordable.  Starting prices here are just $700/m2 for apartment here delivered to 'White Frame' standard.  These will require finishing before they can be lived in, which will cost a minimum of $200/m2.  So, in total, finished apartments here are available from just $900/m2.

This gives the following starting prices for finished apartments:

52.5m2 One-Bedroom Apartment - $49,875

69.2m2 Two-Bedroom Apartment - $64,356

71.2m2 Three-Bedroom Apartment - $87,970

Even better news for buyers on a tight budget are the payment terms.  Buyers need to pay just 30% upon contract, with the remaining 70% payable in monthly installments through the course of the build.

If these terms are still outside your reach, Archi Saburtalo is one of the few projects in Tbilisi where it is possible for buyers to obtain a home loan, via the developer's partner, VTB Bank.  For those looking to buy an apartment on credit, terms would be 30% upon contract, with the remaining 70% paid over a 10-year period.  The current interest rate on USD loans is 10% per annum.

This means that it is possible to purchase an apartment here for $11,813 down, with monthly installments of just $364.25 (not counting the cost of finishing).

For anyone looking for an affordable apartment in one of Tbilisi's best residential areas, within easy walking distance of the Metro network, Archi Saburtalo is an ideal choice.

This pin shows the exact location of the property as provided by the Advertiser

Nearest Airports*

  • Tbilisi (INTERNATIONAL), 8.9 miles

*Distances are straight line measurements. This feature is currently in beta.

Video tour

To view this property or request more details, contact
Tbilisi Property, LLC, Sachkere Region

#1 Sachkere Region 0102
03339 396442  Local call rate
About Tbilisi Property, LLC, Sachkere Region

Tbilisi Property offers a unique service to all investors and home buyers interested in benefiting from the real estate opportunities in Georgia’s capital, guiding potential buyers through the entire purchasing process from start to finish:
Purchasing
First we listen to your requirements and then we show you the best offers that meet with your budget and purchasing goals. We only work with the biggest, most reliable and experienced developers to ensure that your investment is 100% secure.
Registration
We help you to register the property at the Public Registry Office. If you require Permanent Residence in Georgia, we can assist you with the process.
Finishing
Most apartments in Tbilisi are sold on a White Frame basis. Our Construction Division will work with buyers to finish their apartments to their specifications and budget – usually within six weeks.
Interior Design
Our Interior Design Division can then take over and bring your apartment up to full ready-to-rent status, right down to soft-furnishings and cutlery.
Rental Management
Once the apartment is up to full turnkey standard, our Rental Management Division will market your property in order to achieve the highest yields for investors. Professional property photographers will ensure that your apartment really stands out from the crowd. We deposit your rental receipts into a bank account of your choosing on a regular basis.
All our services are completely free of charge to buyers – with the exception of Rental Management services, where we take a small commission from all rental income earned.
Tbilisi Property is the only agency in Georgia to offer such a comprehensive service to foreign real estate buyers. With over a decade’s experience in the international real estate business, we are experts in the field and offer British levels of service to all our clients.


Disclaimer

This is a property advertisement provided and maintained by Tbilisi Property, LLC, Sachkere Region (reference 10052) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

This property is marketed by:

or call 03339 396442
Calling from outside the UK? 00995591902119

Spotted an error?

In order for us to help our agents maintain accurate and up-to-date information please inform the agent if you have noticed an error with this property. If you are the vendor, please contact your agent directly.