3-room apartment for sale in Tbilisi, Mtskheta St, 1 — 102 m² for $314,128

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 family comfort. It features a new designer renovation, with all necessary furniture and appliances already in place, allowing for immediate move-in after purchase. Vake is rightfully considered the most prestigious and picturesque district of Tbilisi, combining green areas, modern infrastructure, and historical charm. Wide streets like Chavchavadze Avenue are lined with cafes, galleries, boutiques, and restaurants, creating a lively yet elegant atmosphere. Vake Park, the largest in the city, is perfect for walks and sports, while Turtle Lake above the park remains a popular recreation spot. Home to famous figures, politicians, and diplomats, the district has a truly bohemian feel. 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 for apartments in this area is about 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 wealthy locals willing to pay $900–1,500 or 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 that maintain their location, creating stable demand for decades to come. Fully furnished and equipped with modern appliances, a high-quality renovation, and two balconies make the property ready for immediate rental without additional investment. The limited supply of new developments in Vake supports the property's value growth over time. This is a rare opportunity to acquire a move-in-ready apartment in a location that has remained the gold standard for prestige and reliable investment in Tbilisi for centuries.