4-room apartment for sale in Tbilisi, Mtskheta St, 1 — 119.9 m² for $369,254

The apartment is located on the third floor of a nine-story building. Three bedrooms, a spacious living room, two balconies, and an isolated kitchen create a well-thought-out and functional space for family comfort. Wide streets like Chavchavadze Avenue are lined with cafes, galleries, boutiques, and restaurants, creating a vibrant yet elegant atmosphere. Vake is rightfully considered the most prestigious and scenic district of Tbilisi, blending green zones, modern infrastructure, and historical charm. It features a brand-new designer renovation, with all necessary furniture and appliances already in place, allowing for immediate move-in after purchase. Vake Park, the city's largest, is ideal for walks and sports, while Turtle Lake above the park remains a popular leisure spot. The area is home to public figures, politicians, and diplomats, giving it a truly bohemian feel. The fourth room is a separate bedroom measuring 17.9 sq. m. 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 in this district is approximately 6,046 GEL, second only to Mtatsminda. The district's prestige is bolstered by the concentration of embassies, international schools, and universities, ensuring steady demand for decades to come. The limited supply of new developments in Vake supports property value growth over time. This is a rare opportunity to acquire a turnkey apartment in a location that has been the benchmark for prestige and reliable investment in Tbilisi for centuries. In the private house segment, Vake leads with 4,517 GEL per square meter. Fully furnished and equipped with appliances, featuring high-quality renovation and two balconies, the property is ready for immediate rental without additional investment. Rental demand here is driven by expats, diplomats, and affluent locals willing to pay $900–1,500 or more for family apartments, providing a yield of 5–7% per annum.