New residential complexes in Varketili, Tbilisi

Varketili
21 developments
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Mariam Sarkisyan
Mariam Sarkisyan
Korter Real Estate Consultant
Described how to buy real estate in Georgia: from choosing a location to completing the transaction
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Apartments in new developments in Varketili

One of the key factors that make Varketili attractive for investment is its strategic location and well-developed infrastructure. The area offers excellent transport links, allowing residents to quickly reach the center of Tbilisi and other important districts. With schools, kindergartens, medical facilities, and shopping centers within walking distance, living in Varketili is both comfortable and convenient, attracting both local buyers and foreign investors.

Varketili is also known for its green spaces and parks, which create a pleasant and eco-friendly living environment. This is particularly appealing for families with children and those who prioritize living in a healthy environment. The area's appeal in terms of ecology and comfort makes it popular with renters, ensuring a stable rental income for property owners.

Housing options available:

  • Studios: New developments in Varketili offer compact studios, perfect for students and young professionals. These apartments efficiently combine a bedroom, living room, and kitchen into one space. The modern design and functional layout make studios ideal for both living and renting.
  • One-bedroom apartments: One-bedroom apartments in Varketili are popular among couples and singles looking for comfortable and cozy living spaces. These apartments typically feature a separate bedroom, living room, kitchen, and bathroom, offering more privacy. Well-designed layouts and quality finishes make these apartments highly sought after in the real estate market.
  • Two-bedroom apartments: For families with children or those who need more space, two-bedroom apartments are an excellent choice. These apartments offer separate bedrooms, a spacious living room, and a kitchen, providing comfortable living conditions for everyone. Many two-bedroom apartments also come with balconies or terraces, adding extra space for relaxation.
  • Three-bedroom apartments: Three-bedroom apartments in Varketili’s new developments are designed for larger families or those who prefer more spacious living quarters. These apartments include three separate bedrooms, a living room, kitchen, and multiple bathrooms, ensuring maximum comfort and convenience. Having multiple bathrooms is especially beneficial for larger families, making daily life more manageable.

Comparison of new builds with resale properties

 New developmentsResale properties
Construction qualityNew developments in Varketili are built with modern technologies and materials, ensuring high standards of comfort and durability. This means fewer issues with repairs and maintenance for many years.Resale properties may require significant investment in repairs and upgrades. The condition of utilities and systems may be outdated.
Layouts and designModern layouts in new developments are designed with the needs of today’s residents in mind, offering convenient and functional spaces. Features like large windows, balconies, and spacious kitchens are often included.Layouts in resale properties may be outdated and not meet modern comfort standards. Renovations and remodeling may add to the costs.
InfrastructureNew developments are often located in areas with well-developed infrastructure, including shops, schools, kindergartens, and medical facilities, providing convenience and comfort for residents.Infrastructure in resale properties can be well-established, especially in central areas, but may sometimes need updates and modernization.
Energy efficiencyNew developments are built with high energy efficiency standards, which reduce utility costs. Modern heating, ventilation, and air conditioning systems ensure comfort throughout the year.Resale properties often have lower energy efficiency, leading to higher heating and cooling costs. Upgrades are needed to improve energy efficiency.

How to choose a reliable developer?

First, consider the company's reputation. Look at reviews from previous clients and check out the developer’s completed projects. Positive feedback and successful developments are strong indicators of the company’s reliability, professionalism, and commitment to high-quality construction.

Experience and longevity in the real estate market are also important. Developers with many years of experience usually have deeper knowledge and expertise, helping them avoid common mistakes and risks. Research the company’s history, the number of completed projects, and their scale. A developer with a long track record provides added assurance of timely project completion and adherence to quality standards.

The quality of construction and the materials used are crucial factors when choosing a developer. Visit properties that are under construction or already completed to personally assess the quality of the work. Find out what materials and technologies are being used during construction. Carefully review the contract terms, including project completion timelines, warranties, and payment conditions. Transparent payment terms, installment plans, or favorable mortgage options can make the buying process much easier. A reliable developer will always provide clear and straightforward terms, avoiding hidden fees and unexpected costs.

It’s also important to assess the level of customer service and communication. A trustworthy developer will be open to communication, ready to answer all your questions, provide necessary information, and assist in resolving any issues that arise. Pay attention to the company’s willingness to engage in dialogue and support you at every stage of the purchase—from selecting the apartment to finalizing the deal and post-sale services.

How to save money when buying a newbuild property?

  • Buy during early construction stages: One of the best ways to save money when purchasing a new build in Varketili is to buy at the excavation stage or early construction phase. Developers often offer significant discounts to early investors, allowing you to purchase a property at a more favorable price. Plus, at this stage, you can choose the most convenient layout and floor.
  • Choose a developer with flexible payment terms: Look for a developer who offers flexible payment options, such as installment plans or deferred payments. This allows you to spread the financial burden over a longer period, avoiding large lump-sum payments. Flexible payment plans often include minimal down payments and interest-free periods.
  • Compare offers from different developers: Before making a purchase, explore offers from several developers and compare their terms. Look for promotions, discounts, and special offers that can significantly reduce the cost of the property. Also, consider the developer’s reputation and the quality of their previous projects. Korter.ge provides a convenient tool for comparing various new developments, where you can review current offers and purchasing terms. With Korter.ge, you can quickly find the best options and make an informed decision.
  • Opt for minimal finishing: Buying an apartment with minimal or rough finishing can significantly reduce your initial costs. You can then complete the finishing work yourself, according to your own taste and budget. This also helps you avoid paying extra for the developer’s finished work.

Prices for new buildings in Varketili areas

Isanifrom ‍3 264 ₾ per m2
Krtsanisifrom ‍4 606 ₾ per m2
Chuguretifrom ‍4 900 ₾ per m2
Samgorifrom ‍2 839 ₾ per m2
Nadzaladevifrom ‍3 231 ₾ per m2
Didubefrom ‍3 794 ₾ per m2
Mtatsmindafrom ‍7 541 ₾ per m2
Gldanifrom ‍2 833 ₾ per m2
Vakefrom ‍4 595 ₾ per m2
Saburtalofrom ‍3 504 ₾ per m2

Prices for apartments in Varketili areas

Isanifrom ‍67 454 ₾
Krtsanisifrom ‍85 107 ₾
Chuguretifrom ‍106 912 ₾
Samgorifrom ‍71 557 ₾
Nadzaladevifrom ‍88 924 ₾
Didubefrom ‍76 017 ₾
Mtatsmindafrom ‍190 649 ₾
Gldanifrom ‍81 537 ₾
Vakefrom ‍70 485 ₾
Saburtalofrom ‍71 303 ₾

Prices for new buildings in localities near Varketili

Tbilisifrom ‍3 831 ₾ per m2
Rustavifrom ‍2 286 ₾ per m2
Saguramofrom ‍4 229 ₾ per m2
Manglisifrom ‍2 275 ₾ per m2
Bazaletifrom ‍2 805 ₾ per m2
Telavifrom ‍1 982 ₾ per m2
Gorifrom ‍2 427 ₾ per m2
Gurjaanifrom ‍10 149 ₾ per m2
Gudaurifrom ‍4 378 ₾ per m2
Bakurianifrom ‍3 546 ₾ per m2
Borjomifrom ‍2 427 ₾ per m2
Kutaisifrom ‍2 695 ₾ per m2
Kobuletifrom ‍3 577 ₾ per m2
Shekvetilifrom ‍3 950 ₾ per m2
Urekifrom ‍2 650 ₾ per m2
Chakvifrom ‍3 546 ₾ per m2
Zugdidifrom ‍2 686 ₾ per m2
Makhinjaurifrom ‍3 140 ₾ per m2
Potifrom ‍2 114 ₾ per m2
Batumifrom ‍4 062 ₾ per m2

Prices for apartments in localities near Varketili

Tbilisifrom ‍67 454 ₾
Rustavifrom ‍73 305 ₾
Saguramofrom ‍1 014 994 ₾
Manglisifrom ‍94 755 ₾
Bazaletifrom ‍83 878 ₾
Telavifrom ‍76 970 ₾
Gorifrom ‍74 432 ₾
Gurjaanifrom ‍267 958 ₾
Gudaurifrom ‍98 866 ₾
Bakurianifrom ‍60 586 ₾
Borjomifrom ‍73 756 ₾
Kutaisifrom ‍69 372 ₾
Kobuletifrom ‍75 786 ₾
Shekvetilifrom ‍128 988 ₾
Urekifrom ‍94 563 ₾
Chakvifrom ‍72 529 ₾
Zugdidifrom ‍96 213 ₾
Makhinjaurifrom ‍81 746 ₾
Potifrom ‍107 589 ₾
Batumifrom ‍57 798 ₾