T`bilisi, Georgia

Tbilisi Downtown by NEXT is a contemporary residential development in Avlabari, one of Tbilisi's oldest and most characterful central districts. Combining a historic city setting with modern resident facilities, the project is designed for both comfortable city living and rental investment.
Apartment A505 is a spacious two-bedroom property offering 94.1 sq m of total area, including a 12.7 sq m private balcony. The apartment is offered fully turnkey for USD 409,335, equivalent to USD 4,350 per sq m, with project completion scheduled for March 2028.

Prime Tbilisi Location

Avlabari sits close to the Old City and the Mtkvari River, placing residents within easy reach of many of Tbilisi's historic landmarks, cafés, restaurants, local markets and cultural destinations.
The district combines the character of old Tbilisi with convenient access to the modern city centre and business areas, making the location attractive both for owner-occupiers and for international or long-term tenants.

Modern Living & Resident Services

Tbilisi Downtown is designed as more than a conventional apartment building. Residents are planned to benefit from 24/7 concierge and security, reception services, a fitness centre, business lounge, library, landscaped courtyard and children's areas.
Additional services are expected to include laundry, room service, valet parking and banking facilities, creating a more serviced style of city living.
The apartments feature approximately 2.95 m ceilings, while the building specification includes central heating, VRF climate control, Low-E glazing and smart air circulation. The project also incorporates modern energy-management systems and five elevators.

Investment Potential

The project is positioned to benefit from its central location close to both Tbilisi's historic centre and business districts.
According to the developer's projections, completed apartments are expected to generate average annual rental yields of approximately 7-11%, supported by demand from local residents, professionals, expats and visitors.
The developer also forecasts 10-14% annual property-price growth in central Tbilisi, with potential capital appreciation beginning during the construction period and rental income becoming available after completion.
These figures are projections rather than guaranteed returns and will depend on future market conditions, rental rates and occupancy.
For buyers seeking a combination of central location, turnkey specification, resident services and investment potential, Tbilisi Downtown offers a strong proposition in one of the Georgian capital's most established districts.

Property Summary

- Development: Tbilisi Downtown by NEXT
- Location: Avlabari, Tbilisi, Georgia
- Unit: A505
- Bedrooms: 2
- Total area: 94.1 sq m
- Balcony: 12.7 sq m
- View: Courtyard
- Specification: Turnkey
- Completion: March 2028
- Price: USD 409,335
- Price per sq m: USD 4,350