T`bilisi, Georgia

Tbilisi Downtown by NEXT is a contemporary residential development in Avlabari, one of Tbilisi's oldest and most distinctive central districts. Combining a historic city setting with modern facilities and serviced living, the development is designed for both owner-occupiers and property investors.
Apartment D507 is a one-bedroom property offering 62.7 sq m of total area, including 51.4 sq m of internal living space and a generous 11.3 sq m private balcony. The apartment is located on the 5th floor of Block D, has a courtyard-facing aspect and is offered fully turnkey for USD 272,745, equivalent to USD 4,350 per sq m.
Project completion is scheduled for March 2028.

Prime Tbilisi Location

The development is located in Avlabari, close to Tbilisi's Old City and the Mtkvari River. One of the capital's most established historic areas, Avlabari combines traditional streets and architecture with easy access to the modern city centre.
Historic landmarks, cafés, restaurants, markets and cultural destinations are all within convenient reach, while Tbilisi's commercial and business areas are also easily accessible.
This central location makes the property suitable for buyers looking for a city residence, second home or rental investment in the Georgian capital.

Modern Living & Resident Services

Tbilisi Downtown is planned as a full-service residential development rather than a conventional apartment building.
Residents are expected to have access to 24/7 concierge and security, reception services, a fitness centre, business lounge, library, landscaped courtyard and children's areas.
Further services are planned to include laundry, room service, valet parking and banking facilities, providing added convenience for both residents and rental guests.
Apartments feature approximately 2.95 m ceilings, while the building specification includes central heating, VRF climate control, Low-E glazing, smart air circulation and energy-management systems.

Investment Potential

The development's central Avlabari location places it close to both Tbilisi's historic centre and key business districts, supporting potential demand from professionals, international residents and visitors.
According to the developer's projections, completed apartments are expected to generate average annual rental yields of approximately 7-11%. The developer also forecasts 10-14% annual property-price growth in central Tbilisi, with potential value appreciation during the construction period.
These figures are projections rather than guaranteed returns and will depend on future market conditions, occupancy, rental rates and property management costs.
For buyers seeking a manageable one-bedroom property with a large balcony, turnkey specification and access to serviced facilities, D507 offers an attractive option within this centrally located Tbilisi development.

Property Summary

- Development: Tbilisi Downtown by NEXT
- Location: Avlabari, Tbilisi, Georgia
- Unit: D507
- Block: D
- Floor: 5
- Bedrooms: 1
- Total area: 62.7 sq m
- Internal living area: 51.4 sq m
- Balcony: 11.3 sq m
- View: Courtyard
- Specification: Turnkey
- Completion: March 2028
- Price: USD 272,745
- Price per sq m: USD 4,350

Other Properties Available

Tbilisi Downtown also offers a selection of studio, one-bedroom and two-bedroom apartments, with different layouts, sizes, floors and aspects available within the development.

LabEstate will assist buyers in finding alternative properties in Tbilisi, elsewhere in Georgia, or in other available markets based on individual requirements. Whether the priority is budget, location, apartment size, view, investment potential, completion date or intended use, properties can be sourced according to the buyer's specific criteria.