Tbilisi Downtown

Tbilisi Downtown by Next is an investment-focused residential development located in a fast-growing and highly accessible area of Georgia’s capital. The project is designed for investors looking for high rental yields, professional management, and strong long-term returns.

With apartments starting at just 44.5 m², the project offers flexibility across 1+1 and 1+2 layouts. The development consists of three blocks (A, B, C), and all units are handed over in white frame condition, allowing for custom finishing.

This project stands out with its detailed 10-year ROI model, showcasing average returns from 15% to 20%, depending on the apartment size and configuration. Forecasts are based on local market ADR (average daily rate) and occupancy trends. Full-service property management is available, covering booking, operations, and maintenance.

Located in one of Tbilisi’s developing downtown zones, the area benefits from rising tourism, digital nomad traffic, and infrastructure expansion — all contributing to increasing property values and rental demand.

• Investment Region: Tbilisi, Georgia
• Location: Central Tbilisi, near expanding business and residential districts
• Budget Range: From $130,385 to $326,016
• Investment Type:
  ▪️ Buy-to-Let
  ▪️ Short-Term Rental (Airbnb)
  ▪️ Long-Term Capital Growth
• Residency/Citizenship Interest: ✅ Yes (eligible over $100,000 investment)
• Project Stage: Under Construction
• Risk Appetite: Medium
• Project Type: Mid-rise residential blocks (A, B, C)
• Starting from: $130,385 (44.5 m², white frame)
• Projected Rental Yield:
  ▪️ Block A: 16.28% avg ROI
  ▪️ Block B: 15.44% avg ROI
  ▪️ Block C: 16.35% avg ROI
• Completion: Estimated 2026–2027
• Residency Eligible? ✅ Yes
• Expected ROI: Up to 20.6% by year 10 (Block C unit)

Key Benefits

• Strong 10-year yield projection up to 20.6%
• Detailed ROI and ADR analysis included per unit
• Full property management services are available
• Flexible layouts: 1-bedroom and 2-bedroom options
• Central downtown location in a growing district
• Modern façade and architecture
• High rental demand from business travelers, digital nomads, and tourists
• Short walking distance to major infrastructure and transport links
• Payment options and white frame delivery

 Important Info for Foreign Buyers

• Full ownership allowed for foreigners
• Residency eligibility with property investment above $100,000
• 5% tax on rental income, 0% capital gains (after 2 years)
• The legal registration process takes 1–2 days
• Units available from 44.5 to 115 m²
• Pricing from $2,830 to $2,930 per m²