Tbilisi, Georgia
Price from
$129,720
US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.
$3,112 / m²
+97% vs the city median (Tbilisi), sample of 17 projects
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Data verified Aug 8, 2026price source: developer partner networkupdated 2 mo. ago
Properties
Condominium
Area
38 - 222 m²
Bedrooms
1 - 4
Readiness
Under construction
Dry season
Feb, Dec, Jan
First instalment
30%
Properties
Condominium
Area
38 - 222 m²
Bedrooms
1 - 4
Is this expensive for the city
$3,112per m²pricier than 100% of city projects
+97% vs the city median (Tbilisi), sample of 17 projects
Rate as of 2026-10-12, city data updated 2026-10-12. Prices converted to US dollars at the quote-date rate. Source: Housebook catalogue.
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What it really costs
Payment plan
Step 1
On contract
30%$38,916
Step 2
Before commissioning
70%$90,804
The developer may revise the payment schedule. Confirm the current terms before the deal.
ROI Calculator
A 6% annual yield estimate. We do not have market rental rates for this city yet. Check the real rate with your agent.
Ask agent about rental ratesTelegram$396
$4,746
5.3%
3.7%
$173,595
52%
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When is the season here
Driest months: Feb, Dec, Jan
Wettest months: May, Apr, Jun
Dry months per year: 5. A month counts as dry when its rainfall is below the annual median of monthly rainfall.
Show monthly table
| Month | Temperature, °C | Rainfall, mm |
|---|---|---|
| Jan | 1.0 | 18 |
| Feb | 2.6 | 17 |
| Mar | 7.2 | 28 |
| Apr | 11.7 | 49 |
| May | 17.6 | 58 |
| Jun | 22.8 | 49 |
| Jul | 26.0 | 27 |
| Aug | 25.6 | 27 |
| Sep | 20.4 | 25 |
| Oct | 14.0 | 38 |
| Nov | 7.1 | 25 |
| Dec | 2.2 | 17 |
Source: NASA POWER, climate normal (2001-2020). Grid node 41.7, 44.8. This is a multi-year normal, not a weather forecast.
About the project
Properties
Condominium
Status
Under construction
Area
38 - 222 m²
Properties
Condominium
Status
Under construction
Area
38 - 222 m²
Description
VR Holding is building VR Krtsanisi Resort Residence in Tbilisi, Tbilisi Municipality, Georgia. The project is under construction.
Units for sale range from 38 to 222 square meters, with 1 to 4 bedrooms. Prices start at 129,720 USD and go up to 1,500,000 USD, with a price per square meter from 3,112 USD.
The area range spans compact layouts from 38 square meters up to larger formats of 222 square meters, matching the wide spread between the lowest and highest listed prices. This spread means buyers can choose between a range of sizes and configurations within the same development in Tbilisi.
This description was prepared with the help of artificial intelligence from developer data and public sources. Please check key figures and terms with our adviser.
Location
Tbilisi, Georgia
Market context
Apartment price growth
11.5%
Villa price growth
12.3%
Transaction volume
40,350units
+1.1% YoY
Gross rental yield
8.6%
Average rent
$9.5per sqm per mont
Price per sqm
$1,320per sqm
+7.1% YoY
Residential prices in Tbilisi continued to rise in 2025, with the average price per square metre in new buildings up 11.5% year‑on‑year to 3,236 GEL (≈$1,330) and overall price levels 57% higher than in 2020. Rental demand remained solid, supporting gross yields of about 8.6% and average rents of $9.5 per square metre per month, while transaction volume grew modestly to 40,350 apartments, of which foreign buyers accounted for roughly 6‑7% of deals. The combination of strong domestic demand, ongoing infrastructure projects and a liberal legal framework keeps Tbilisi attractive to foreign investors.
Sources (6) · updated 21/08/2026
- Tbilisi Residential Real Estate Market in 2025 | Blog Centrarium
- Real Estate Prices in Tbilisi in 2025 - Market Overview and Forecasts
- Residential Property Prices in Tbilisi and Batumi: Market Analysis 2024-2025
- Tbilisi Real Estate Market Analysis: What You Should Know Before Buying - Archi.ge
- Investing in Apartments in Tbilisi - Real Rental Income in 2025
- How Rental Property Works in Tbilisi for Investors - Yield, Risks & Best Rental Strategies
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