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Mihály Zichy St, 2-4

Tbilisi
1 house delivered in 2024 
Price per m2
from $‍2,000
$
Developer
Mariami Kalandadze
Mariami Kalandadze
Korter Real Estate Consultant
Korter consultant

Layouts and prices for building on Mihály Zichy St, 2-4

Prices and availability are up to date as of 23 June 2026
Report inaccuracies
Ceiling height: 3,0 m
Finishing options: white frame
2-room
available
48.2 m2
from $‍120,500
from $‍2,500 per m2
3-room
available
75.3 – 100.5 m2
from $‍150,600
from $‍2,000 per m2

Mihály Zichy St, 2-4 on the map of Tbilisi

Construction progress

We take photos of complex from same spots, to show real status and dynamics of development.

The latest update — February 2025

Construction progress  - Spot 1, February 2025
Spot 1
July 2023February 2025

Mortgage in Mihály Zichy St, 2-4

Please note that all calculations provided are approximate. For the final figures, we recommend consulting with both the bank and the developer
2
3
GEL
USD
You borrow $‍102,425 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
8 900
monthly payment, a life/property insurance fee is added to the monthly
payment
The provided Nominal and Effect Interest Rates represent the minimum credit facility amount. The actual values will be specified at the time of credit approval. The interest rate given in the table is linked to the public index — Term SOFR.

Project characteristics

🟧 Number of buildings1
🟧 Number of floors5
🟧 Construction technologymonolithic-frame
🟧 Elevatorpassenger elevator
🟧 Cadastral number01.15.05.043.014
🟧 Security & Safety24/7 CCTV, security
🟧 Apartment renovationwhite frame
🟧 Apartments area44,3–100,5 m2
🟧 Number of apartments20
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Information about the project

The residential complex at 2–4 Mikheil Zichy Street in Tbilisi reflects a combination of contemporary architectural solutions and a practical approach to real estate planning. The concept is based on the idea of bringing together a striking exterior with rational functionality, where technical capabilities and aesthetic principles complement one another.

Advantages

  • promising location;
  • a private and friendly neighbourhood atmosphere;
  • close to the embankment and numerous parks for outdoor recreation;
  • schools and kindergartens within walking distance;
  • advanced technological features;
  • distinctive architectural appearance;
  • reliable construction materials and a high standard of workmanship;
  • landscaped courtyard with greenery;
  • conditions for convenient movement for people with limited mobility;
  • on-site infrastructure;
  • surface parking;
  • stylish entrance lobby design;
  • larger window openings;
  • high ceilings;
  • efficient apartment layouts;
  • an intimate project with only 20 apartments;
  • connection to central utility networks;
  • quiet elevators from an imported manufacturer;
  • attractive housing prices;
  • mortgage options available;
  • a developer with an ambitious approach to growth.

Location features

The residential complex at 2–4 Mikheil Zichy Street is located in close proximity to Freedom Square, one of the capital’s key centres of business and cultural activity. The surrounding area offers a wide range of institutions, walking squares, and green spaces, including the First Republic of Georgia Park, 9 April Park, and Giorgi Leonidze Park. The abundance of nearby infrastructure simplifies everyday tasks, reduces travel time, and allows residents to manage their daily schedules more efficiently without having to leave the neighbourhood.

The area is distinguished by its expressive natural terrain. The hilly landscape opens up broad panoramic views of the historic districts. From the upper floors, residents can see the characteristic silhouettes of Old Tbilisi: cascading buildings on the slopes, ancient church complexes, and winding streets that have preserved the historical layout of past centuries. The changes in elevation add depth to the panoramic perspective and highlight the connection between modern development and the city’s centuries-old historical context.

The views of the historic neighbourhoods located on the slopes give the surrounding landscape a distinctive and recognisable character. The hilly terrain, combined with dense historical development, creates Tbilisi’s multilayered visual composition, where architectural monuments of the past, church domes, and terraced buildings form a single image with no direct equivalent among other Caucasian capitals.

This building naturally meets the needs of those who lead an active business lifestyle and value the historic character of Tbilisi’s old neighbourhoods. The urban context here consists of several layers of time, from the rhythm of a modern metropolis to historical planning traditions, making the location especially rich in meaning and atmosphere.

Neighbourhood infrastructure

The surrounding area is rich in facilities of various types, including educational institutions, medical clinics, retail outlets, and cultural venues.

Nearby educational institutions include schools No. 29, No. 36, and No. 26, as well as a kindergarten. Caucasus University, a major higher education institution offering programmes in several academic fields, provides further educational opportunities for those who have completed school. This concentration of educational institutions within a few minutes’ walk makes it possible to build a convenient educational route for children of different ages and young professionals without long daily commutes.

The local medical infrastructure includes the Greece Clinic, a children’s outpatient clinic, dental offices, and several pharmacies. The variety of medical facilities in the area makes it possible to receive both routine and urgent care within a short time.

The retail network is focused on everyday needs and includes a wide range of stores. Spar, Carrefour, G-Mart, Fresco Chikobava, and Nabiji stores are all located nearby. Small grocery shops and a local market complement this selection, offering fresh vegetables, fruit, baked goods, and floral arrangements. This variety of retail options covers most everyday household needs within walking distance of the building.

Within a 10–15-minute walk, there are cafés and restaurants offering different types of cuisine, suitable for business meetings, friendly conversations, or a relaxed dinner after work.

The cultural component of the area includes an art museum, memorial exhibitions dedicated to Ilia Chavchavadze, and a children’s theatre. Sports grounds and a fitness centre support an active lifestyle, offering opportunities for both individual workouts and group classes. This variety of cultural and sports facilities allows residents to organise their leisure time without having to travel to other parts of the capital.

Holy Trinity Cathedral of Tbilisi, one of the largest religious complexes in the country and a prominent architectural landmark in the local landscape, is located about 1.5 kilometres away. Liberty Bank branches, a FedEx courier office, beauty salons, and petrol stations make everyday tasks easier. The extensive infrastructure of the district supports its high functionality and meets the needs of people with different business and lifestyle rhythms.

Transport accessibility

The new development is located in an area with a well-developed road network, providing quick access to key districts of the city. A public transport stop 330 metres from the building is served by buses No. 23, 24, 301, 305, 306, 308, 309, 310, 314, 326, 331, 337, 342, 345, 352, 358, 364, 388, 397, 472, 532, 540, 541, and 580. The service interval is approximately eleven minutes, helping to maintain a stable daily travel schedule and reducing the risk of long waits at the stop.

Freedom Square Metro Station is located 620 metres away, a distance that can be covered on foot in about 8–10 minutes. The underground line expands route options and allows residents to choose the most convenient way to travel depending on their destination and current traffic conditions. For drivers, the journey to Freedom Square takes around three to five minutes under normal traffic conditions.

Another advantage of the location is its proximity to the railway station. The trip takes about six minutes, which is especially valuable for those who regularly use intercity routes. The international airport is approximately forty minutes away by car, providing enough time for comfortable flight planning without a significant risk of delays on the way.

The coordinated operation of different types of transport in this part of the capital makes everyday travel easier, reduces overall journey times, and makes movement around the city more predictable, both during peak traffic hours and during quieter periods of the day.

General project overview

The architectural composition of the complex at 2–4 Mikheil Zichy Street is built around a dialogue between two historically different façade languages, brought together within a single five-storey volume. One part of the building is clad in a light stone-like material and features clearly emphasised vertical window proportions. This section reads as a more restrained and concise volume, defined by smooth wall surfaces and a calm architectural rhythm. The adjacent part of the building is finished in dark red brickwork and clearly refers to the historical context of Tbilisi’s urban fabric. Arched window openings, a profiled cornice, and wrought-iron balcony railings create the recognisable appearance of the old city, preserved and integrated into the new structure of the residence.

The boundary between these two façade segments is not concealed. On the contrary, it is visually emphasised. The stone and brick planes meet without a smooth transition, creating an expressive architectural seam that reads as a deliberate compositional device rather than an accidental result of construction. This approach turns the building into a kind of architectural palimpsest, where the past and present state of the city’s development coexist within a single façade without dissolving into one another.

The upper level is completed by an attic volume with a terracotta-coloured pitched roof, echoing the roof geometry traditionally found in Tbilisi’s historic centre. This sloped volume contrasts with the rectangular geometry of the lower floors, giving the silhouette of the residential complex a recognisable historical accent even when viewed from a distance. A separate architectural feature is the glazed upper-level extension, a lightweight framed structure with a pitched glass roof reminiscent of a greenhouse or winter garden. This transparent element visually lightens the top of the building and introduces a contemporary technological accent into its silhouette, contrasting with the solidity of the brick and stone sections of the façade.

The inner courtyard is arranged as an open lightwell, surrounded by galleries with metal staircases and balcony railings featuring a wrought-iron pattern. The structure of the internal space refers to traditional Tbilisi courtyard architecture, where open stair flights and gallery-style balconies serve not only a functional purpose but also become an important visual element of the composition. The courtyard-facing walls are plastered in a light neutral tone, against which the dark metal structures of the stairs and railings stand out clearly.

In the evening and at night, the complex gains additional expressiveness through designer lighting. The warm light coming from the windows and highlighting the brickwork of the historic part of the façade contrasts with the cooler glow of the glazed attic extension. This contrast reinforces the visual division of the building into two compositional parts even after dark, when the daytime details of the finishes become less visible. The overall architectural language of the building at 2–4 Mikheil Zichy Street is based on a deliberate contrast between the historic and renewed appearance of the urban environment. Brickwork with arched openings stands alongside a restrained stone volume, while a traditional pitched roof is paired with a transparent attic extension. This compositional strategy makes the building a visually layered work of architecture, preserving the memory of the place while embracing new spatial and material solutions.

The structural system of the residential complex is based on monolithic frame technology, a capital construction method that increases the load-bearing stability of the structure and extends its service life. The frame evenly distributes loads between the main structural elements and provides an additional margin of strength for operation in a region characterised by seismic activity and seasonal climate fluctuations.

Vertical movement between the floors is provided by elevator equipment from an international manufacturer. The elevators are designed for smooth operation, precise stopping on each level, and stable performance under intensive daily use by apartment owners. The internal engineering infrastructure is complemented by a fire safety system. Smoke detectors, automatic alarms, and signalling devices are installed throughout the building. All components of this system comply with current safety regulations, operate autonomously, and undergo scheduled technical maintenance. The entrance areas have been designed with accessibility requirements in mind for people with limited mobility. Smooth ramps and wider doorways are provided in accordance with current standards. The layout of the entrances eliminates sharp level differences and ensures convenient movement with the use of assistive devices.

The lobbies and common areas are finished with durable materials that have a high-density surface. These finishes are resistant to mechanical wear and retain a neat appearance even under intensive long-term use, without losing their aesthetic qualities. Even lighting maintains the visual clarity of the common areas at any time of day. Together, the structural system, engineering solutions, and high-quality finishing materials form a reliable, stable, and durable residential environment.

Landscaping and courtyard design

The adjoining territory is planned as an independent recreational area, intended not only for relaxation but also for informal communication between residents and their guests. Around the building, a quiet and protected perimeter is formed, which is especially valuable in the dense urban fabric of the city centre.

Surface parking provides car owners with a designated place to park, eliminating the need to search for parking spaces on nearby streets. This detail reduces everyday stress for drivers and helps organise the daily logistics of movement around the courtyard.

Rest areas with comfortable benches are arranged in the inner courtyard, allowing apartment owners to spend time outdoors without leaving the grounds of their own home. These points of attraction are placed so that each offers its own reason to pause, whether it is shade, quiet, or simply a convenient place for a short break during the day.

The residential complex includes well-developed infrastructure within the adjoining territory. Asphalt driveways and pedestrian paths provide easy access to the various functional areas of the complex. In the evening, the inner courtyard is illuminated by streetlights, while the façade is enhanced by decorative architectural lighting. This creates a visually secure environment and keeps the territory clearly readable after dark.

Security is ensured by a 24/7 video surveillance system and on-site physical security. Together, these measures help maintain order on the territory and allow for a prompt response to any unusual situations.

Landscaping plays a significant role in the overall concept of the courtyard. A variety of plants are introduced, while landscape design elements create an attractive natural environment within the boundaries of dense urban development. These green zones provide a suitable setting for walking, relaxation, and brief contact with nature without the need to leave the city centre.

Apartment sales

The residential complex at 2–4 Mikheil Zichy Street offers apartments whose layouts combine an open planning logic with the practical functionality of the interior space. Buyers are offered apartments in white frame condition, a format that provides broad opportunities for implementing individual design ideas and personal preferences in the interior.

This level of completion means that the main construction and engineering works have been fully completed, while the final finishing remains the responsibility of the buyer. The final renovation can be completed independently or with the involvement of a contractor chosen by the owner.

In a white frame apartment, all basic utilities are already installed, including electricity, water supply, sewage, and heating. The walls are levelled and plastered, the floor has a rough screed, and the entrance door and window units are installed. Sales consultants can provide additional information on whether basic electrical wiring and preliminary plumbing connections are included.

The building consists of 20 apartments, planned in line with current market standards and the real needs of buyers. The variety of layouts and increased room sizes allow future owners to adapt the interior arrangement to their own tastes and practical requirements without the need for radical changes to the load-bearing structures.

The apartment areas range from 44 to 100 square metres, giving buyers the opportunity to choose the most suitable option based on their specific needs and preferences. The selection includes two- and three-room apartments, each featuring increased ceiling heights. This gives the interior a sense of lightness and visual spaciousness, enhancing the overall perception of the living space.

The property can be purchased with a cash payment. In addition, a flexible financial policy is available, including a mortgage programme from TBC Bank. This variety of payment options makes purchasing a home in the new development accessible to a wider range of buyers with different financial capacities. All details and additional technical specifications of the apartments can be clarified directly at the developer’s office during a personal consultation.

The complex at 2–4 Mikheil Zichy Street is a successful example of combining contemporary architectural solutions with high-quality construction execution. The project reflects the developer’s intention to create an environment where all structural and planning elements work to increase the practical value of the property and meet the real expectations of future apartment owners.

About the developer

NN Group is involved in the development of this project. It is a prominent construction company with a solid reputation and extensive experience in the delivery of both residential and commercial properties over many years of operation.

A distinctive strength of NN Group is its team of qualified specialists with many years of practical experience in construction and a deep understanding of the specific characteristics of the Tbilisi real estate market. The developer’s portfolio includes numerous successfully completed projects in the capital, covering a wide range of apartment buildings of different scales, from compact local developments to large multifunctional complexes that combine residential and commercial components within a single architectural concept.

The company’s achievements range from cosy, intimate residential buildings to ambitious construction initiatives that form notable points on the city’s development map. Each new project in the NN Group portfolio demonstrates the consistent accumulation of engineering expertise and architectural experience. The company does not mechanically repeat previously found solutions, but adapts them to the specifics of each site, the historical context of the district, and the expectations of future buyers.

Through its completed residential complexes and high level of professionalism, the team has earned well-deserved recognition in Georgia’s real estate market. The company’s accumulated experience and stable business reputation directly contribute to the reliability and quality of each new project, confirming NN Group’s status as one of the recognisable and respected participants in the region’s construction industry. This reputation was not formed overnight. It has been built through consistent work on dozens of completed projects, each of which confirms the stated quality standards in practice, not only in the developer’s marketing materials.

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This project is also called NN Group Mtatsminda.

Which apartments are available for sale in Mihály Zichy St, 2-4 in Tbilisi?

For sale are 2-room, 3-room.

How much does a m² cost in Mihály Zichy St, 2-4?

The price per m² in this complex starts from $‍2,000.

How to buy an apartment in Mihály Zichy St, 2-4 in Tbilisi?

In this complex you can buy apartments with a Mortgage from TBC Bank.

When will Mihály Zichy St, 2-4 be commissioned?

Mihály Zichy St, 2-4 – delivered.
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