2-room apartment for sale in Tbilisi, Mikheil Burdzgla St, 1 — 48.9 m² for $118,661

This fully furnished studio is located on the ground floor of a four-story building. Its prime location makes everyday life highly practical and ensures a steady flow of people in the area. High-quality furniture and appliances allow for immediate move-in after purchase. The property features a spacious courtyard suitable for outdoor furniture, a large storage room, and ample parking. The Medical University and metro station are just a 2-minute walk away, with a shopping mall and market also in the immediate vicinity. The second room is a separate bedroom with an area of 18.9 sq. m. Saburtalo is one of Tbilisi's most popular and practical districts, valued for its modern lifestyle and developed infrastructure. Home to universities, shopping centers, schools, and kindergartens, the area is less touristy than Old City, offering an authentic atmosphere and more affordable prices. The Saburtalo metro line provides quick access to the city center. The district is actively developing with modern residential complexes and business centers. The investment potential of this studio is noteworthy. Being fully furnished and equipped means no additional investment is required for an immediate rental income. The inclusion of parking and a large storage unit sets this studio apart from competitors, allowing for higher rental rates. Saburtalo shows consistently high rental demand, with an average annual yield for studios around 6.75%. Apartment prices range from 4,307 to 4,444 GEL per sq. m and continue to rise. It is an excellent choice for both comfortable living and investors seeking stable rental income and capital preservation in one of Tbilisi's most liquid areas. The 2-minute proximity to the Medical University and metro ensures a constant pool of potential tenants among students and medical professionals.