3 bedroom apartment 132 m² Tbilisi, Georgia

Georgia, Tbilisi

$360,000

$2,727/m²

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ID: 3605395

Last update: 15/09/2025

Location

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Country

Georgia
City

Tbilisi
Address

Mtskheta Street, 15

Property characteristics

Apartment parameters

Price per m²

$2,727/m²
Floor

6
Rooms

4
Bedrooms

3
Bathrooms

1
Total area

132 m²

Building parameters

Number of floors

7

Trading information

Fixed Price

Description

Total area: 132 m2
⏺Number of rooms: 4
⏺Number of bedrooms - 3
⏺Floor - 6/7

Cost per m2: $2,727
Total cost: $360,000

- Turnkey.
- near shops, pharmacies, school, post office, banks, medical center, shopping centers, supermarkets, cafes, restaurants, fitness clubs, university, Goodwill

Wake – Investment Review

Positioning. Premium "green" district of Tbilisi around Chavchavadze Avenue, Vake and Mziuri parks. Coffee shops and restaurants, boutiques, embassies, private and international schools, clinics. New club houses and modern residential complexes coexist with spacious apartments of the old fund. The minus is no metro; reliance on bus lines/taxis, traffic jams and parking shortages are possible during peak hours.

Who's good?
Families and expats of the upper-middle and premium segment, diplomats, top managers, investors who are looking for a low vacancy and a safe haven for capital.

Investment note.

Buy-to-let (long-term): stable liquidity, high rental rates, but the gross yield is lower than in "young" areas - a benchmark of ~4-6% with quality finishes and furniture.
Flip: good potential in the renovation of large “Soviet” layouts for 2-3 bedrooms with modern bathrooms / kitchens; premium new buildings 2015+ hold the price and sell faster.
The key to success is the location within the area (near parks / schools, quieter from the highways), the view / floor, the presence of parking and an elevator.

Location on the map

Georgia, Tbilisi

Education

Healthcare

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