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Park Avenue

Tbilisi
Archil Mefe St, 17
1 house is under construction, next delivery in 2027 
1 house delivered in 2025 
Developer’s apartments
from $‍126,000
Price per m2
from $‍1,500
$‍100
$

Layouts and prices for Park Avenue

Prices and availability are up to date as of 14 сентября 2026
Report inaccuracies
Ceiling height: 3,12m
Finishing options: green frame
84 – 84.1 m2
from $‍126,000
from $‍1,500 per m2

Park Avenue on the map of Tbilisi

Project houses

Total 2 houses
Archil Mefe St, 17
Block A
21 floors
Under construction, delivery in 2027
Apartments for sale
from $‍126,000
Archil Mefe St, 17
Block B
21 floors
Completed in 2025
Apartments from the developer are sold

Object documents

Translations of official documents into Russian are posted for informational purposes only and are not legally binding
Object passport

Construction progress Park Avenue

We take photos of complex from same spots, to show real status and dynamics of development.

The latest update — август 2025

Construction progress Park Avenue - Spot 1, август 2025
Spot 1
апрель 2024август 2025
Construction progress Park Avenue - Spot 2, август 2025
Spot 2
июль 2023август 2025
Construction progress Park Avenue - Spot 3, август 2025
Spot 3
июль 2023август 2025
Construction progress Park Avenue - Spot 4, август 2025
Spot 4
июль 2023август 2025
Construction progress Park Avenue - Spot 5, август 2025
Spot 5
август 2023август 2025

Installment in Park Avenue

20%
down
payment
up to 1 year 7 month
loan
term

Mortgage in Park Avenue

Please note that all calculations provided are approximate. For the final figures, we recommend consulting with both the bank and the developer
GEL
USD
You borrow $‍107,100 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
9 307
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.

Project characteristics

🟧 Number of buildings2
🟧 Number of floors21
🟧 Construction technologymonolithic-frame
🟧 Elevatorpassenger elevator, freight elevator
🟧 Cadastral number01.10.08.006.230
🟧 Infrastructurerecreational area, children's playground, sports ground, open swimming pool
🟧 Parkingunderground parking, ground level parking
🟧 Security & SafetyLobby
🟧 Apartment renovationgreen frame
🟧 Apartments area46,2–87,6 m2
🟧 Number of apartments520(block A), 103(block B)
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Information about the project

Park Avenue residential complex in Tbilisi represents a unique space where attention to every detail and the comfort of future residents are the core principles. This project is designed in line with modern requirements for high-comfort housing and offers a distinctive quality of life.

Advantages

  • special atmosphere;
  • promising district;
  • high construction quality;
  • advanced technologies;
  • 9-point seismic resistance;
  • beautifully designed lobbies;
  • convenient navigation system;
  • safe and well-maintained courtyard;
  • walking paths;
  • underground and surface parking;
  • low-noise elevators;
  • well-thought-out layouts;
  • modern apartments;
  • central utilities;
  • high ceilings;
  • various purchase options;
  • affordable price;
  • mortgage and installment plans available;
  • experienced developer.

Location

Park Avenue residential complex is located at 17 , Archil Mepe Street in a developed neighborhood characterized by dense residential development and a favorable ecological environment, as there are no major industrial facilities nearby.

According to the development map, a busy road runs near the complex, providing convenient transport connections with other parts of Tbilisi.

Transport accessibility

The distance from Park Avenue to the nearest stop is 105 meters — buses No.302, No.311, No.314, No.315, No.321, No.335 and minibuses No.442, No.460, No.518, No.539, No.541 run along Archil Mepe Street with an interval of 18 minutes.

By bus No.321, you can reach the Sarajishvili metro station in about 30 minutes. The distance to Didube bus station is less than 8 kilometers, and to Tbilisi-Passenger railway station — 12 kilometers. Shota Rustaveli International Airport can be reached by car in about 40 minutes.

What’s nearby

One of the advantages of this project is its convenient location surrounded by full infrastructure that meets all the needs of a modern resident of Tbilisi. Within a 5–10 minute drive from the complex, there is a wide range of amenities:

  • minimarkets, various shops, supermarkets and shopping centers offering goods and services for daily needs;
  • beauty studios providing high-quality personal care services;
  • cozy cafes, coffee shops, restaurants, canteens, bars and pubs, as well as popular fast food chains such as KFC and McDonald’s;
  • post offices and banks ensuring convenient financial services;
  • gas stations and car service centers;
  • dental clinics, pharmacies and medical institutions, including Imedi Clinic medical center, Central Children’s Hospital, Chafidze Emergency Cardiology Center, angiological and vascular surgery center;
  • Dinamo Academy sports complex for an active lifestyle;
  • Dighomi Park for enjoying nature and outdoor activities;
  • kindergartens and educational institutions, including Grigol Robakidze University, International Black Sea University, Free University of Tbilisi, public schools No.186 and No.192, private school Intellect and others.

Construction principles

The project features speak for themselves. Park Avenue consists of a single 21-storey building constructed using advanced monolithic frame technology. This ensures strength, durability and the ability to implement bold architectural solutions.

The construction takes into account the region’s climate and seismic activity. The chosen approach ensures optimal maintenance costs while maintaining a high level of comfort.

The building walls are made of brick with frost resistance, excellent sound insulation, durability and reliability. Additional facade insulation using eco-friendly materials ensures high energy efficiency. The facade is finished with ceramic brick in various shades, giving the building individuality and style. The flat roof is covered with soft roll waterproofing and equipped with internal drainage systems.

The building is equipped with modern engineering systems, intercom and fire safety systems. Elevators provide fast access to all floors. Special attention is given to accessibility for people with limited mobility, ensuring maximum comfort for all residents.

In Park Avenue, not only apartments but also common areas are designed in a stylish manner. Elegant finishing of lobbies and shared spaces adds charm and creates a pleasant visual impression.

Courtyard

The landscaped courtyard of Park Avenue will become a true oasis for residents. The territory is fully enclosed, providing privacy and comfort. A 24/7 video surveillance system is installed throughout the perimeter, ensuring a high level of safety.

Driveways and guest parking spaces are arranged for visitors. A modern children’s playground with swings and slides is provided for young residents. A cozy recreation area is created in the courtyard, along with a sports zone equipped with modern exercise machines to encourage an active lifestyle.

Barrier-free access is implemented for people with limited mobility. Residents have access to both underground and surface parking.

Landscaping, including lawns and various plants, creates a well-maintained and picturesque environment, contributing to a comfortable living atmosphere.

Apartment sales

The complex offers apartments with modern ergonomic layouts and three-meter ceilings, ensuring good air circulation and a spacious feel.

Apartments are delivered in “green frame” condition. This includes finished walls, floors, ceilings and plumbing systems. To create a comfortable living space, it is enough to add furniture and household appliances. This approach minimizes renovation efforts and allows for a smooth move-in process.

Windows are made of metal-plastic profiles with energy-efficient double glazing, ensuring optimal thermal insulation and sound absorption. Each apartment also features a spacious open balcony, creating a bright and cozy place to relax.

Apartments are sold for cash, ensuring a fast and simple transaction process. Installment plans are also available, as well as mortgage options for those seeking long-term stability. More detailed information can be obtained at the sales office.

Park Avenue residential complex is not just a building, but a unique environment where the balanced combination of modern technologies, functionality and comfort creates ideal conditions for living.

About the construction company

The project is developed by Deka Development, a company focused on meeting client needs by offering modern housing at an optimal price. Since its establishment in 2019, the company has been actively operating in Tbilisi, striving to provide reliable and comfortable housing. Over the years, Deka Development has successfully completed several residential projects already put into operation, confirming its professionalism and responsible approach to construction.

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This project is also called Garemo Dighomi.

Which apartments are available for sale in Park Avenue in Tbilisi?

For sale are 3-room.

How much does a m² cost in Park Avenue?

The price per m² in this complex starts from $‍1,500.

How to buy an apartment in Park Avenue in Tbilisi?

In this complex you can buy apartments with Mortgage from TBC Bank, Installment terms.

When will Park Avenue be commissioned?

  • Block A – delivery in 2027
  • Block B – delivered