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1-room apartment for sale in Tbilisi, Mikheil Burdzgla St, 1 — 30 m² for $72,798

$‍‍72,798
$‍2,427 per m2
₾
$
1-room
apartment
apartment
30 m2
total area
area
1 floor
out of 4
out of 4
Number of bedrooms
Bedrooms
1 bedroom
Number of bathrooms
Bathrooms
1 bathroom
Living area
Living area
18 m2
Kitchen area
Kitchen area
4 m2
Parking space
Parking space
No parking space
Listed
Listed
6 hours ago
Updated
Updated
6 hours ago

Description

The studio is located on the first floor of a four-story building and is fully furnished. Featuring high-quality furniture and appliances, it is ready for immediate move-in after purchase. The property includes a fairly large courtyard suitable for outdoor furniture, a large storage room, and spacious parking. The Medical University and metro station are just a two-minute walk away, with a shopping mall and market nearby. This prime location ensures maximum convenience for daily life and a steady flow of people in the area. Saburtalo is one of Tbilisi's most popular and convenient districts, valued for its modern lifestyle and developed infrastructure. The Saburtalo metro line provides quick access to the city center. The area is home to universities, shopping centers, schools, and kindergartens, while remaining less touristy than Old Town, offering an authentic atmosphere and more affordable prices. Ongoing development of modern residential complexes and business centers maintains high interest in the local real estate market. This studio's investment potential is noteworthy. Saburtalo demonstrates consistently high rental demand, with an average annual yield for studios of around 6.75%. Being two minutes from the Medical University and metro creates a constant stream of potential tenants among students, faculty, and medical professionals, minimizing vacancy risks. Full furnishings and quality appliances mean no additional investment is required for immediate income generation. The inclusion of parking and a large storage unit sets this studio apart from competitors, allowing for higher rental rates. Property prices in Saburtalo range from approximately 4,307–4,444 GEL per square meter and continue to rise. This is an excellent choice for both comfortable living in a well-equipped area and for investors seeking stable rental income and capital preservation in one of Tbilisi's most liquid districts.
Property ID: 1023131

Building and location

Mikheil Burdzgla St, 1
Tbilisi, Saburtalo District
All listings for sale

Mortgage for buying real estate

Please note that all calculations provided are approximate. For the final figures, we recommend consulting with both the bank and the seller
GEL
USD
You borrow $‍61,878 from the bank
years
months
Mortgage from TBC Bank
from
7,4
%
interest
rate
from
8,3
%
effective interest
rate
≈ $
5 366
monthly payment, a life/property insurance fee is added to the monthly
payment
The provided Nominal and Effect Interest Rates represent the minimum credit facility amount. The actual values will be specified at the time of credit approval. The interest rate given in the table is linked to the public index — Term SOFR.
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