Tbilisi offers a wide range of affordable apartments in both the secondary market and new developments. These apartments are often located in areas with developing infrastructure, ensuring access to essential amenities and transportation routes. Popular neighborhoods among buyers include Didi Dighomi, Gldani, and Isani, where housing is more budget-friendly. Purchasing an inexpensive apartment in Tbilisi can also be a smart investment. With the city's ongoing development and increasing demand for rental properties, investing in affordable housing can yield a steady income. This is particularly true for apartments near educational institutions, transportation hubs, and commercial centers. Investors frequently target up-and-coming areas with potential for infrastructure growth and property value increases.
When choosing an affordable apartment in Tbilisi, it's important to consider the condition of the property and the legal aspects of the transaction. Buyers should thoroughly check the property documents and the state of the utilities to avoid unexpected repair and paperwork costs.
Pros | Cons |
+ Affordable price. Cheap apartments allow you to purchase a home with minimal financial expense. | - Condition of the property. These apartments may require significant investments in repairs and renovations. |
+ Investment opportunity. Inexpensive housing can be a profitable investment with good returns when rented out. | - Location. Cheap apartments are often located in less prestigious or more remote areas. |
+ Low utility bills. Smaller housing units mean lower maintenance costs. | - Limited infrastructure. Some areas may lack well-developed social and transportation infrastructure. |
+ Wide selection. The market offers many options for cheap apartments in various parts of the city. | - Construction quality. Inexpensive housing may be built with lower-quality materials. |
+ Quick payback. Affordable apartments recoup investment faster when rented out, especially in high-demand areas. | - Legal risks. There may be issues with documents or the legal status of cheap housing. |
Investing in affordable apartments in Tbilisi can be an attractive option for those looking to make a profitable investment. The city is rapidly developing, and the demand for housing is continuously growing due to the influx of tourists, students, and foreign professionals. Inexpensive apartments in areas such as Didi Dighomi, Gldani, and Isani are popular among renters, providing a steady rental income. Additionally, purchasing affordable apartments in developing neighborhoods can yield significant future profits if property values continue to rise.
One of the key advantages of investing in affordable apartments is their accessibility. The initial costs of purchasing such properties are significantly lower compared to luxury housing, making this type of investment accessible to a wider range of people. This also reduces the financial risks associated with the purchase. Affordable apartments tend to have a quicker return on investment, especially if they are located in areas with good transportation access and developing infrastructure, which enhances their appeal to renters.
However, when investing in affordable apartments, it is important to consider potential risks and costs. Inexpensive housing may require significant investments in repairs and upgrades, increasing the overall investment cost. Moreover, affordable apartments are often located in less prestigious or more remote areas, where the infrastructure may not be fully developed. This can affect rental demand and slow down property value growth. Careful market analysis and choosing the right property can help mitigate these risks.
✅ Property type | |
✅ Purchase Method | Apartments for sale with a mortgage |
✅ Rental |
Isani | from 4 236 ₾ per m2 |
Chugureti | from 4 942 ₾ per m2 |
Nadzaladevi | from 3 486 ₾ per m2 |
Mtatsminda | from 6 844 ₾ per m2 |
Vake | from 5 690 ₾ per m2 |
Didube | from 4 212 ₾ per m2 |
Krtsanisi | from 4 478 ₾ per m2 |
Saburtalo | from 4 302 ₾ per m2 |
Samgori | from 3 247 ₾ per m2 |
Gldani | from 3 047 ₾ per m2 |
Isani | from 69 513 ₾ |
Chugureti | from 104 187 ₾ |
Nadzaladevi | from 99 656 ₾ |
Mtatsminda | from 87 921 ₾ |
Vake | from 1 923 ₾ |
Didube | from 101 110 ₾ |
Krtsanisi | from 65 702 ₾ |
Saburtalo | from 2 472 ₾ |
Samgori | from 70 507 ₾ |
Gldani | from 77 151 ₾ |
Mtskheta | from 9 523 ₾ per m2 |
Rustavi | from 2 404 ₾ per m2 |
Manglisi | from 2 747 ₾ per m2 |
Bazaleti | from 2 404 ₾ per m2 |
Telavi | from 2 002 ₾ per m2 |
Gori | from 2 107 ₾ per m2 |
Gurjaani | from 9 402 ₾ per m2 |
Gudauri | from 6 201 ₾ per m2 |
Bakuriani | from 4 008 ₾ per m2 |
Borjomi | from 2 810 ₾ per m2 |
Kutaisi | from 2 579 ₾ per m2 |
Kobuleti | from 4 764 ₾ per m2 |
Shekvetili | from 3 725 ₾ per m2 |
Ureki | from 3 283 ₾ per m2 |
Chakvi | from 5 363 ₾ per m2 |
Makhinjauri | from 4 604 ₾ per m2 |
Zugdidi | from 2 626 ₾ per m2 |
Poti | from 2 110 ₾ per m2 |
Batumi | from 5 212 ₾ per m2 |
Mtskheta | from 151 115 ₾ |
Rustavi | from 68 221 ₾ |
Manglisi | from 134 630 ₾ |
Bazaleti | from 81 739 ₾ |
Telavi | from 58 580 ₾ |
Gori | from 72 535 ₾ |
Gurjaani | from 233 542 ₾ |
Gudauri | from 75 557 ₾ |
Bakuriani | from 54 291 ₾ |
Borjomi | from 86 322 ₾ |
Kutaisi | from 3 571 ₾ |
Kobuleti | from 35 718 ₾ |
Shekvetili | from 121 510 ₾ |
Ureki | from 3 022 ₾ |
Chakvi | from 74 184 ₾ |
Makhinjauri | from 59 622 ₾ |
Zugdidi | from 2 335 ₾ |
Poti | from 104 846 ₾ |
Batumi | from 1 648 ₾ |