Investment Property: two 1+1 apartments with separate entrances, Chugureti (single cadastral number)
Specifications:
• Address: 54 Zurab Kvlividze St, Chugureti
• Total area: 92 m²
• Floor: 1 of 3
• Building type: Italian-style courtyard building
• Condition: newly renovated
• Layout: two independent 1+1 residential units, each with its own separate entrance
Unit 1:
• Layout: 1+1 (bedroom and living room), kitchen, private bathroom
• separate entrance
• Current status: occupied by the owner
Unit 2:
• Layout: 1+1 (bedroom and living room), kitchen, private bathroom
• separate entrance
• Current status: rented out
Description
This property offers the perfect opportunity to combine personal residence with rental income: two independent units with separate entrances allow you to live in one while renting out the other. Located in the Chugureti district, near Marjanishvili, the property is an 8–10 minute walk from the Marjanishvili metro station.
The area is popular with tourists and features well-developed urban infrastructure. Within walking distance, you will find Fabrika—a creative hub well-known to all Tbilisi residents (approx. 3 minutes away)—and the restaurant Shavi Lomi on the same street (2–3 minutes away). London Garden, which includes a sports area and a playground, is about 5–6 minutes away. For daily shopping, there are several 24/7 stores nearby, including Fresco, Ori Nabiji, and Spar (2–6 minutes away).
Rental income potential (per unit): approximately $800/month (via Airbnb) or around $500/month (long-term rental).