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Contact an agent at Tranio.com, and we will help find the perfect property for you, wherever it may be.

Apartments with guaranteed profitability in a prestigious complex with 5-star service and infrastructure, the center of Tbilisi

$72,000
$2,400 /m²
  • Total area
    30 m²
  • Bedrooms
    1
  • Bathrooms
    1
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Advantages

According to the real estate market in Tbilisi, the forecast for growth in the real estate index will amount 210% between the start and finish of the complex. When purchasing an apartment from a developer company, you can not only rent an apartment yourself, but also let it be managed by an international management company allowing you to recoup your investment within 4.5 years.

Facts about Georgia

Georgia has a strategic location, located at the intersection between Europe and Asia and is an associate member of the European Union. Recently, the country has experienced rapid economic growth and has become one of the most developing countries of the Black Sea region and this is evidenced by the following factors:

  • The first place in economic reforms according to (World Bank)
  • The first place in Europe and the third place in the world for safety according to (Gallup World Poll)
  • The eighth place in the world for simplicity of doing business according to (World Bank)
  • Georgia has the lowest level of corruption in the region according to (Transparency International)

Extra services

  • Support with a loan from a bank
  • Payment by installments till 2019
  • Property management after purchase
  • There is an opportunity to arrange furnish and purchase of furniture through the company-seller

Infrastructure

The project unites three towers, where the tallest will be a 40-storey building consisting of luxury-class living flats^ while the remaining two towers of 34 and 26 floors will include premium apartments and a hotel. Worldwide hotel brand ”WYNDHAM GARDEN“ will operate the hotel and the apartments, it's a world's largest chain of hotels and resorts^ operating 7800 hotels in 67 countries.

  • Fitness Centre
  • pool
  • restaurant
  • beauty saloon
  • Spa
  • protected area
  • concierge
  • secure parking
  • elevator
  • playgrounds
  • shops

Location and nearby infrastructure

The multifunctional complex is located in the most prestigious green and ecologically clean area of the city — Vake, near the park and Lake Lisi. In close proximity to famous restaurants, cafes and a sports complex.

More properties

If this property wasn’t for you, take a look at other new homes for sale in Georgia.

You can see more new homes for sale in Tbilisi (city) elsewhere on our website.

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How to buy property with Tranio
Enquiry

Send us an enquiry with an approximate description of the property or investment project you’re interested in.

Meeting the partners

After clarifying your enquiry, we will introduce you to our partners and/or local agents.

Offer selection

We will help you to select suitable options. Tranio does not charge a commission for this — the property price remains the same as if you contacted our partner directly.

Viewing tour

You then view the property or properties you have chosen. Our partners or agents from Tranio's European offices will meet you in situ.

Transaction closure

Having chosen the best property, you will sign the sales or investment agreement (for development).

FAQs
  • Can I get a mortgage abroad?

    It depends on the country. For example, German banks willingly offer mortgages to foreigners at 1.5-2 % per annum with LTV up to 70%. Spain offers less favourable terms: the minimum rate for foreigners is 2.5% per annum. The situation is different in Greece: although the law does not prohibit banks from issuing loans, in practice, Greek banks don’t issue loans to local nor foreign property buyers. You can learn about the mortgage terms in your preferred country by contacting Tranio’s local agents.

  • How does the purchase procedure work?

    The purchase procedure depends on the country where you buy property. Generally, after choosing a property you need to sign a preliminary agreement with the seller and carry out a due diligence of the property by checking the relevant documents and the property's technical condition. After that, all parties sign the sales agreement and the notary registers the transaction. As a rule, the purchase registration costs amount to approximately 10% of the property price.

  • Can a residence permit be obtained by buying property?

    In some countries it is possible. Residence-for-property purchase programmes are known as Golden Visas programmes. Greece, Spain and Latvia offer the most popular Golden Visas in Europe. The Greek residence permit is the cheapest and can be obtained by buying a property worth at least €250,000, while organising all of the documents costs about €19,000. Certain countries offer citizenship to property buyers — for example, an investor can get their hands on a Turkey passport by buying a property worth at least $400,000.

  • How does Tranio make money if your service is free for the clients?

    We share the commission, which the buyer or the seller (depending on the country) pays to our partners — foreign real estate agencies. The price of this service is the same as if you contacted the agency directly — this is an important condition and applies to all of our partnership agreements.

  • Who guarantees the transaction security?

    The transaction security is guaranteed by the notary who draws up the sales agreement and checks the information on the previous and current owners of the property, any outstanding restrictions, mortgage, and third-party encumbrances. Tranio is not responsible for the parties involved in the transaction.

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Tranio Global Real Estate, Ohmydesk Business Center, Al Fattan Downtown, 32d St, 103-104, Al Satwa Dubai, UAE
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Tranio LLC, Calle del Palangre, 14, 03182 Torrevieja
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