ORTACHALA, TBILISI, GEORGIA
New Development for Sale in Ortachala, Tbilisi, Georgia USD 119,000
PROPERTY DETAILS
DESCRIPTION
Three-room apartment for sale in a new building in Ortachala, featuring a balcony and a beautiful view. The apartment is in a "black frame" (shell and core) condition.
FEATURES
NEIGHBORHOOD · GEORGIA · ISANI-SAMGORI · ORTACHALA · TBILISI
Tbilisi is the capital and largest city of Georgia, located on the banks of the Kura River. With more than 1.3 million inhabitants, it contains almost one third of the country's population. Tbilisi was founded in the 5th century CE by Vakhtang I of Iberia and has since served as the capital of various Georgian kingdoms and republics. Between 1801… (Wikipedia)
LOCATION
INVESTMENT SNAPSHOT
PRICE / M²
$1,253
Verdict: partial
Test this investment Georgia financing profile ✎ Edit
The seller has not shared rental figures. For a home like this one, long-term rents around here work out to roughly USD 980 / month (about USD 10.4 / m²; based on Tbilisi) — enter your own expected rent to see the numbers.
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Estimates only — not financial advice. Prefilled with typical georgia financing profile figures — adjust to your own scenario.
Price context
This listing: $1,253/m² — 47% below the median of $2,383/m² across our 20 listings in this area.
Reading a price below the area level: a lower per-m² price can be genuine value — larger units price lower per m², and motivated sellers exist — but check the usual reasons first: renovation needs, noise exposure (roads, rail, flight paths), unfavourable floor or orientation, leasehold/servitudes, and pending building-fund obligations in condominiums.
No map data found nearby for: public transport, water proximity, schools, daily amenities, parks & recreation — worth asking the agent about these.
Positioning within our own current listings in the same area — asking prices per m², not an appraisal or market valuation. Size mix, condition, and plot differ between properties.
Investment factors
What to look for when judging a property's investment potential:
- ◦Public transport
Walkable rail or bus access consistently supports resale value and rentability. - ◦Water proximity
Lake, river, or sea frontage and water views command lasting price premiums in most markets. - ◦Schools
Nearby schools widen the tenant and buyer pool to families and stabilise long-term demand. - ◦Daily amenities
Groceries within walking distance is a top liveability filter for both tenants and buyers. - ◦Parks & recreation
Green space nearby improves quality of life and supports value in dense areas.
