Studio apartment for sale in Tbilisi, Bochorma Street by Index — 35.1 m² for $63,180

For sale: a 35.1 m² unit on the 5th floor in the Bochorma by Index project, located in the historic part of Tbilisi. The location offers: • proximity to the city center • 300 Aragveli metro station nearby • developed infrastructure • stable rental demand In the complex: • 4,000 m² of green area • gym • commercial spaces • underground parking This is a compact investment format with a clear entry model and future monetization. 📈 Market logic Entry price: 👉 $1,800 / m² Ready property market: 👉 $2,500 – $3,100 / m² White frame condition: • black aluminum windows and doors • iron entrance door • plastered internal partitions • cement floor screed • electricity connection • central water and sewage outlets in the bathroom Long-term rental At a rate of $600 / month annual income: $7,200 👉 ROI ≈ 8.5% Short-term rental Base scenario $45 / day 60% occupancy: income: $9,855 👉 ROI ≈ 11.7% 💡 Summary The property forms a balanced investment model: • entry price below market value • mortgage availability • value appreciation during construction • annual yield from 8.5% to 13.5% 👉 depending on the management strategy