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2-room apartment for sale in Tbilisi, Mtkvari Residence — 57 m² for $108,000

$‍‍108,000
$‍1,895 per m2
$
2-room
apartment
apartment
57 m2
total area
area
7 floor
out of 12
out of 12
Number of bedrooms
Bedrooms
1 bedroom
Number of bathrooms
Bathrooms
1 bathroom
Listed
Listed
27 days ago
Updated
Updated
2 days ago

Description

Balavari Residence Mtkvari | 2-room apartment | 57 m² Cozy 2-room apartment with new renovation in the Balavari Residence Mtkvari residential complex. Fully furnished and equipped with built-in appliances — ideal for living or renting out without additional investment. Features: • 57 m² • floor 7 of 12 • 2 rooms / 1 bedroom • new renovation • fully furnished and built-in appliances • balcony • central heating • green well-kept yard • free parking • view towards the Olympic complex and tennis courts Rental potential Estimated long-term rental price — $750–850 per month, or approximately $9,000–10,200 per year. At a price of $108,000, the gross yield is approximately 8.2–9.3% per annum. When purchased with a mortgage, the rent can cover a significant part of the monthly payment. Price: $108,000 Infrastructure: • Isani metro — 10 minutes on foot • 300 Aragveli metro — 15 minutes on foot • Olympic swimming complex • tennis courts • green area and parking • actively developing area Advantages: • completely ready to move in • requires no investment in renovation or equipment • suitable for both living and long-term rental • convenient layout for a single person or a couple • middle floor and open view • quick deal closure possible
Property ID: 792752ID specified by the author: 1650
Angels
Angels
Agent
Agent
Speaks: english, русский, ქართული

Building and location

Mikheil Abramishvili St, 36
Tbilisi, Isani District, Mtkvari Residence, Block A
12 floors
Completed in 2024
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 $‍91,800 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
7 977
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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