3-room apartment (56 m²) at 22 Feristsvaleba St., Avlabari
Specifications:
• Area: 56 m²
• Rooms: 3 (open-plan living room/kitchen + 2 bedrooms)
• Floor: 3rd of 5 (no elevator)
• Bathroom: 1
• Balcony: 8 m²
• Building: built in 2014
• Condition: furnished, requires cosmetic renovation
Description
The apartment is located in a quiet area near Avlabari Square and Metekhi Street. The original layout was converted into a two-bedroom configuration featuring an open-plan living/kitchen area. The second bedroom has secondary lighting, making it ideal for a home office. There is a spacious 8 m² balcony. The building dates back to 2014; the unit is on the 3rd floor (no elevator).
The property is currently active as a rental, listed on Airbnb for monthly stays.
Location highlights:
Avlabari Metro station is just a 2-minute walk away (approx. 150 m) — one stop from Freedom Square. Rike Park (cable car), Metekhi Bridge, Abanotubani (sulfur baths), and Shardeni Street are within a 5–10 minute walk. Shops and restaurants are nearby. Located in the historic center's tourist hub, there is high demand for mid-term rentals.
Estimated rental value in current condition: $550–600 per month. With cosmetic upgrades and converting one bedroom into a home office or walk-in closet, the rental rate could reach $700–800 per month.