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Studio apartment for sale in Tbilisi, Bochorma Street by Index — 35.1 m² for $58,500

$‍‍58,500
$‍1,667 per m2
commission-free
$
1-room
apartment
apartment
35.1 m2
total area
area
5 floor
out of 20
out of 20
Feature of the layout
Layout
Studio
Number of bedrooms
Bedrooms
1 bedroom
Number of bathrooms
Bathrooms
1 bathroom
Living area
Living area
30 m2
Additional
Additional
Balcony
Listed
Listed
87 days ago
Updated
Updated
Today, 07:09

Description

A 35.1 m² unit is for sale on the 5th floor of the Bochorma by Index project, located in the historical part of Tbilisi. Mortgage available The location features: • proximity to the city center • 300 Aragveli metro station • developed infrastructure • stable rental demand The complex includes: • 4,000 m² of green space • gym • commercial areas • underground parking This is a compact investment format with a clear entry model and future monetization potential. 📈 Market Analysis Entry price: 👉 $1,800 / m² Market price for completed units: 👉 $2,500 – $3,100 / m² White frame condition: • black aluminum windows and doors • steel 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 / night 60% occupancy: income: $9,855 👉 ROI ≈ 11.7% 💡 Summary The property offers a balanced investment model: • entry below market price • mortgage eligibility • capital appreciation during construction • annual yields from 8.5% to 13.5% 👉 depending on the management strategy
Property ID: 667265
Groundz
Groundz
Realtor of the agency Groundz
Realtor of the agency Groundz
Speaks: русский, english, українська, עברית, deutsch, türkçe, ქართული

Building and location

Bochorma St, 23
Tbilisi, Isani District, Bochorma Street by Index
20 floors
Under construction, completion in Q4 2027
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 $‍49,725 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
4 321
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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