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
+71% vs the city median (Tbilisi), sample of 14 projects
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Data verified Aug 8, 2026price source: developer partner networkupdated 22 days ago
Properties
Condominium
Area
38 - 222 m²
Bedrooms
1 - 4
Readiness
Under construction
Available
8 of 8
Dry season
Feb, Dec, Jan
Properties
Condominium
Area
38 - 222 m²
Bedrooms
1 - 4
Readiness
Under construction
Is this expensive for the city
$3,112per m²pricier than 90% of city projects
+71% vs the city median (Tbilisi), sample of 14 projects
Rate as of 2026-08-30, city data updated 2026-08-30. 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.
| 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
Total units
8
Available
8
Area
38 - 222 m²
Properties
Condominium
Status
Under construction
Total units
8
Available
8
Area
38 - 222 m²
Description
Eight units in a single building make up the entirety of VR Krtsanisi Resort Residence, a condo project by developer VR Holding in Tbilisi. The building is currently under construction and sits in Tbilisi Municipality, Georgia. All eight units remain available, so the full range of layouts is still open to buyers.
Unit sizes start at 38 sqm and go up to 222 sqm, covering everything from compact one-bedroom layouts to larger four-bedroom configurations. Bedroom counts range from 1 to 4, giving a spread of options for different household sizes. The price per square meter is set at 3,414 USD.
Prices for individual units start from 129,720 USD and reach up to 1,500,000 USD, depending on size and bedroom count. All pricing is denominated in US dollars.
The project is one building with a fixed count of eight units, and with all eight still on the market, buyers currently have access to the complete set of available floor plans rather than a partial selection.
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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