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1-room apartment for sale in Tbilisi, Icon By Zenith — 29.1 m² for $80,025

$‍‍80,025
$‍2,750 per m2
$
1-room
apartment
apartment
29.1 m2
total area
area
23 floor
out of 28
out of 28
Number of bedrooms
Bedrooms
1 bedroom
Additional
Additional
Balcony
Listed
Listed
Today, 17:28
Updated
Updated
Today, 17:28

Description

Investment studio 29.1 m² in the premium ICON complex | Saburtalo | High floor | Installment plan until 2029 A compact 29.1 m² studio for sale on the 23rd floor of the new premium ICON by Zenith complex in Saburtalo, located at Saakadze Square. Price: $80,025 ($2,750/m²). Main advantage: no need to pay the full cost of the apartment upfront. Down payment: $13,785. Followed by quarterly payments of just $5,520. The first payment is due on 15.11, the next from 15.02.27, and so on—totaling 12 quarterly payments until 15.08.29. Completion date: Q2 2029. Investment Strategy Buy today at $2,750/m². With a price increase to $3,000/m², the apartment value will be: 29.1 × $3,000 = $87,300. Potential value appreciation: $87,300 – $80,025 = $7,275. If exiting via assignment in spring 2027, the investor will have contributed approximately $24,825: the $13,785 down payment plus two quarterly payments of $5,520. Under the $3,000/m² scenario, the potential profit would be $7,275—approximately 29% ROI on actual invested capital (before expenses, taxes, and potential assignment fees). This is achieved with less than a year of ownership. Why this property is attractive: • high 23rd floor with panoramic views • premium complex with reception, concierge service, coworking, and underground parking • well-developed Saburtalo area • small area, a liquid format for resale, personal use, or rental Alternatively, you can choose a long-term strategy: continue the installment plan until 2029 and receive a finished property in one of Saburtalo's most prominent new developments.
Property ID: 908907

Building and location

Jiuli Shartava St., 1
Tbilisi, Saburtalo District, Icon By Zenith
28 floors
Under construction, completion in Q3 2029
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 $‍68,021 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
5 911
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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