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 4 308 ₾ / m2 |
Chugureti | from 4 989 ₾ / m2 |
Nadzaladevi | from 3 393 ₾ / m2 |
Mtatsminda | from 6 638 ₾ / m2 |
Vake | from 5 435 ₾ / m2 |
Didube | from 4 143 ₾ / m2 |
Krtsanisi | from 4 740 ₾ / m2 |
Saburtalo | from 4 152 ₾ / m2 |
Samgori | from 3 086 ₾ / m2 |
Gldani | from 3 116 ₾ / m2 |
Isani | from 1 395 ₾ |
Chugureti | from 105 810 ₾ |
Nadzaladevi | from 88 008 ₾ |
Mtatsminda | from 92 082 ₾ |
Vake | from 1 813 ₾ |
Didube | from 75 233 ₾ |
Krtsanisi | from 66 726 ₾ |
Saburtalo | from 2 ₾ |
Samgori | from 70 819 ₾ |
Gldani | from 80 697 ₾ |
Mtskheta | from 2 369 ₾ / m2 |
Rustavi | from 2 360 ₾ / m2 |
Manglisi | from 2 204 ₾ / m2 |
Bazaleti | from 2 441 ₾ / m2 |
Telavi | from 2 095 ₾ / m2 |
Gori | from 2 148 ₾ / m2 |
Gurjaani | from 10 045 ₾ / m2 |
Gudauri | from 4 687 ₾ / m2 |
Bakuriani | from 4 219 ₾ / m2 |
Borjomi | from 2 477 ₾ / m2 |
Kutaisi | from 2 530 ₾ / m2 |
Kobuleti | from 5 070 ₾ / m2 |
Shekvetili | from 8 253 ₾ / m2 |
Ureki | from 3 141 ₾ / m2 |
Chakvi | from 5 332 ₾ / m2 |
Makhinjauri | from 4 768 ₾ / m2 |
Zugdidi | from 2 678 ₾ / m2 |
Poti | from 1 836 ₾ / m2 |
Batumi | from 4 922 ₾ / m2 |
Charnali | from 2 642 ₾ / m2 |
Mtskheta | from 560 864 ₾ |
Rustavi | from 11 ₾ |
Manglisi | from 93 778 ₾ |
Bazaleti | from 83 013 ₾ |
Telavi | from 76 177 ₾ |
Gori | from 73 665 ₾ |
Gurjaani | from 265 196 ₾ |
Gudauri | from 76 735 ₾ |
Bakuriani | from 2 ₾ |
Borjomi | from 72 996 ₾ |
Kutaisi | from 68 657 ₾ |
Kobuleti | from 66 801 ₾ |
Shekvetili | from 127 659 ₾ |
Ureki | from 89 989 ₾ |
Chakvi | from 71 782 ₾ |
Makhinjauri | from 61 388 ₾ |
Zugdidi | from 95 221 ₾ |
Poti | from 55 249 ₾ |
Batumi | from 837 ₾ |
Charnali | from 50 226 ₾ |