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 $6,352 per m2 |
Chugureti | from $1,763 per m2 |
Nadzaladevi | from $1,304 per m2 |
Mtatsminda | from $2,508 per m2 |
Vake | from $2,103 per m2 |
Didube | from $1,451 per m2 |
Krtsanisi | from $1,761 per m2 |
Saburtalo | from $1,595 per m2 |
Samgori | from $1,175 per m2 |
Gldani | from $1,130 per m2 |
Isani | from $26,000 |
Chugureti | from $26,000 |
Nadzaladevi | from $27,000 |
Mtatsminda | from $35,000 |
Vake | from $600 |
Didube | from $39,000 |
Krtsanisi | from $7,500 |
Saburtalo | from $750 |
Samgori | from $27,072 |
Gldani | from $24,225 |
Mtskheta | from $1,872 per m2 |
Rustavi | from $896 per m2 |
Manglisi | from $990 per m2 |
Bazaleti | from $1,986 per m2 |
Telavi | from $731 per m2 |
Gori | from $761 per m2 |
Gurjaani | from $3,441 per m2 |
Gudauri | from $2,273 per m2 |
Bakuriani | from $1,457 per m2 |
Borjomi | from $1,037 per m2 |
Kutaisi | from $1,044 per m2 |
Kobuleti | from $1,832 per m2 |
Shekvetili | from $1,671 per m2 |
Ureki | from $1,276 per m2 |
Chakvi | from $2,213 per m2 |
Makhinjauri | from $1,716 per m2 |
Zugdidi | from $963 per m2 |
Poti | from $780 per m2 |
Batumi | from $1,840 per m2 |
Charnali | from $1,099 per m2 |
Mtskheta | from $102,000 |
Rustavi | from $26,000 |
Manglisi | from $47,530 |
Bazaleti | from $29,750 |
Telavi | from $22,557 |
Gori | from $26,400 |
Gurjaani | from $65,000 |
Gudauri | from $23,000 |
Bakuriani | from $19,760 |
Borjomi | from $30,175 |
Kutaisi | from $28,025 |
Kobuleti | from $25,000 |
Shekvetili | from $37,500 |
Ureki | from $30,470 |
Chakvi | from $28,900 |
Makhinjauri | from $24,375 |
Zugdidi | from $22,000 |
Poti | from $35,000 |
Batumi | from $1 |
Charnali | from $33,000 |