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

$‍‍118,661
$‍2,427 per m2
₾
$
2-room
apartment
apartment
48.9 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
29.3 m2
Kitchen area
Kitchen area
4 m2
Parking space
Parking space
No parking space
Listed
Listed
3 hours ago
Updated
Updated
3 hours ago

Description

This fully furnished studio is located on the first floor of a four-story building. Its location makes everyday life highly practical and ensures a steady flow of people in the area. Featuring high-quality furniture and appliances, the property is ready for immediate occupancy after purchase. The spacious courtyard is perfect for outdoor furniture, and the property includes a large storage room and ample parking. The Medical University and metro station are just a 2-minute walk away, with a shopping center and market 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 well-developed infrastructure. Home to universities, shopping malls, schools, and kindergartens, it remains less touristy than the Old Town, offering an authentic atmosphere and more affordable prices. The Saburtalo metro line provides quick access to the city center. The district is actively growing with modern residential complexes and business centers, maintaining strong interest in real estate. The investment potential of this studio is noteworthy. Being fully furnished with reliable appliances means no additional investment is required to start generating income immediately. The inclusion of parking and a large storage unit sets this studio apart from competitors, allowing for a higher rental rate. Saburtalo demonstrates consistently high rental demand, with an average yield for studios around 6.75% per annum. Property prices in the area range from 4,307 to 4,444 GEL per sq. m and continue to rise. This is an excellent choice for both comfortable living and investors looking for stable rental income and capital preservation in one of Tbilisi's most liquid areas. The proximity to the Medical University and metro ensures a constant stream of tenants, including students, faculty, and medical professionals, minimizing vacancy risks.
Property ID: 1023240
Maksim
Maksim
Agent
Agent
Speaks: русский

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 $‍100,862 from the bank
years
months
Mortgage from TBC Bank
from
7,4
%
interest
rate
from
8,3
%
effective interest
rate
≈ $
8 746
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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