3-room apartment for sale in Tbilisi, Mtskheta St, 1 — 100 m² for $304,704

The apartment is located on the third floor of a nine-story building. Two bedrooms, a large living room, two balconies, and an isolated kitchen create a thoughtful and functional space for a comfortable family life. Vake is rightfully considered the most prestigious and picturesque district of Tbilisi, combining green zones, modern infrastructure, and historical charm. The property features a brand-new designer renovation, with all necessary furniture and appliances already in place, allowing for immediate move-in after purchase. Wide streets like Chavchavadze Avenue are lined with cafes, galleries, boutiques, and restaurants, creating a vibrant yet elegant atmosphere. Vake Park, the city's largest, is perfect for walks and sports, while Turtle Lake remains a popular recreation spot. Home to famous personalities, politicians, and diplomats, the area possesses a truly bohemian vibe. The investment potential of this apartment deserves special attention. Vake demonstrates the highest prices in the Tbilisi real estate market: the average cost per square meter is around 6,046 GEL, second only to Mtatsminda. In the private house segment, Vake leads with 4,517 GEL per square meter. Rental demand is driven by expats, diplomats, and affluent locals willing to pay $900–$1,500 and more for family apartments, ensuring a yield of 5–7% per annum. The district's prestige is bolstered by the concentration of embassies, international schools, and universities, ensuring sustainable demand for decades to come. Fully furnished and equipped with high-quality finishes and two balconies, the property is ready for immediate rental without additional investment. The limited supply of new builds in Vake supports long-term capital appreciation.