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Prestige Kostava

Tbilisi
Merab Kostava St, 65-67
2 houses are under construction, next delivery in Q2 2025 
Developer’s apartments
from ‍510 232 ₾
Price per m2
from ‍5 506 ₾
$
Anna Nozadze
Anna Nozadze
Korter Real Estate Consultant
Korter consultant

Layouts and prices for Prestige Kostava

Prices and availability are up to date as of 7 March 2025. Please check with your consultant for the most accurate information.
1-room
84.16–94.84 m2
from ‍6 062 ₾ per m2from ‍510 232 ₾
2-room
83.03–166.55 m2
from ‍5 506 ₾ per m2from ‍521 345 ₾
3-room
145.44–178.36 m2
from ‍6 532 ₾ per m2from ‍949 941 ₾
4-room
140.65–202.46 m2
from ‍6 229 ₾ per m2from ‍876 180 ₾
5-room
186.16 m2
from ‍6 229 ₾ per m2from ‍1 159 455 ₾

Prestige Kostava on the map of Tbilisi

Project houses

Total 2 houses
Merab Kostava St, 65-67
Block A
8 floors
Under construction
Completion in Q2 2025
11 apartments for sale
from ‍876 180 ₾
Merab Kostava St, 65-67
Block B
10 floors
Under construction
Completion in Q2 2025
6 apartments for sale
from ‍510 232 ₾

Object documents

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

Construction progress Prestige Kostava

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

The latest update — February 2025

Construction progress Prestige Kostava - Spot 1, February 2025
Spot 1
June 2023February 2025

Mortgage in Prestige Kostava

Please note that all calculations provided are approximate. For the final figures, we recommend consulting with both the bank and the developer
1
2
3
4+
GEL
USD
You borrow ‍433 697 ₾ from the bank
years
months
Mortgage from TBC Bank
14,5
%
annual interest
rate
39 043
payment for
month
16,97
%
effective interested rate that linked to a public
index
545 051
total for real
estate

Project characteristics

О доме

🟧 Number of buildings2
🟧 Number of floors8–10
🟧 Construction technologymonolithic-frame
🟧 Cadastral number01.10.13.041.062
🟧 Elevatorelevator Mitsubishi
🟧 Infrastructurerecreational area, children's playground
🟧 Parkingunderground parking

About the units

🟧 Apartment renovationgreen frame, fully renovated
🟧 Apartments area48,2–202,46 m2
🟧 Ceiling height3,1 m
🟧 Number of apartments68
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Information about the project

Prestige Kostava in Tbilisi is a residential complex built through the restoration of the former "Saknavtobi" administrative building, designed by one of Georgia’s most prominent 20th-century architects, Mikheil Neprintsev.

Key advantages

  • prime location;
  • prestigious real estate;
  • well-developed surrounding infrastructure;
  • state-of-the-art amenities;
  • secure, gated courtyard;
  • barrier-free access;
  • landscaped courtyard with a children’s playground;
  • elegant entrance halls;
  • large energy-efficient windows;
  • high ceilings (3.1 m);
  • quiet Mitsubishi elevators;
  • underground parking;
  • smart, functional layouts;
  • flexible purchase options;
  • trusted, experienced developer.

Location

Prestige Kostava is located in the very heart of Tbilisi, on Heroes Square, at 65–67 Merab Kostava Street. This outstanding central location offers unbeatable access to all parts of the city and major landmarks—ideal for those who value convenience and an urban lifestyle.

Everything you need is just steps away. From historical sites and tourist attractions to schools, hotels, restaurants, and shopping centers, the area is packed with amenities. You’ll also be just minutes from one of the city’s most iconic spots—Rustaveli Avenue, especially lively at night.

Prestige Kostava combines urban comfort with modern living, making it an excellent choice for anyone looking to own a home in central Tbilisi.

Neighborhood infrastructure

Just 300 meters from the building is the Tbilisi Zoo, and Mziuri Park is only about a kilometer away—perfect for those who enjoy being close to nature.

Nearby you’ll find everything you need for a comfortable lifestyle:

  • chain supermarkets, grocery stores, and mini-markets;
  • pet supply stores;
  • banks and post offices;
  • a wide variety of cafés, restaurants, and bars—including popular spots like McDonald’s;
  • food delivery services;
  • pharmacies, dental clinics, hospitals, and the Gia Gvaramia aesthetic medical center;
  • shopping centers and boutique stores;
  • beauty salons and barbershops;
  • the Sports Palace and fitness centers;
  • gas stations, car services, and car washes;
  • cultural venues such as the “Cash” cinema club and a major concert hall;
  • the Tbilisi Circus for family fun;
  • Vere Park for outdoor recreation;
  • kindergartens, schools, and top universities, including Ivane Javakhishvili Tbilisi State University, Ilia State University, and the Georgian Technical University.

You can also reach key destinations like the Eliava construction market, Central Market, Dinamo Arena, the Music and Drama Theatre, and the Republican Hospital within 5–10 minutes by car.

Transportation connections

Just 190 meters from the complex, you’ll find a well-connected public transport stop with regular service to various parts of Tbilisi. Buses No. 298, 300, 310, 314, 326, 329, 332, 342, 347, 349, 352, 358, 391, 392, and 397, as well as minibuses No. 431, 465, 472, and 539, run approximately every 10 minutes.

The Technical University metro station is just an 11-minute walk away, offering quick and easy access to the city’s metro system.

For longer trips, the Didube bus and train stations are just over 5 kilometers away, making intercity travel convenient and accessible. Tbilisi International Airport (named after Shota Rustaveli) is about a 30-minute drive from the complex.

Project overview

The transformation of the former "Saknavtobi" administrative building, led by Macro Construction and set for completion in 2024, brings new life to a piece of Tbilisi’s architectural heritage. Preserving the building’s original identity is a key element of the project—something that adds both cultural and emotional value.

This development is a unique opportunity to see how a historical architectural style can be reimagined as luxury modern housing. It’s more than just a renovation—it’s the continuation of the building’s story after years of silence.

Next to the historic structure, a brand-new Block B is being built in harmony with the original aesthetic, offering more people the chance to become part of this living piece of history. The design of Block B draws inspiration from the spirit and visual language of the era in which the original building was created.

As part of the restoration, residents will enter through a grand lobby with high ceilings, a refined reception area, and a modern Mitsubishi elevator, all designed to enhance the historic charm with modern comfort.

Even though Block B is a newly built structure, its thoughtful design and placement ensure it feels like a natural extension of the original building. Residents of Block B will also have full access to the historic lobby and reception of Block A.

The new building will feature a solid monolithic reinforced concrete frame, with brick outer walls and high-quality insulation to meet modern standards for durability and energy efficiency.

The complex will include all essential engineering systems, modern utilities, and fire alarm systems. Each section will have an entrance vestibule, and all entry doors will be secure, insulated, and equipped with an intercom system—providing a high level of safety and comfort for residents.

Landscaping and outdoor amenities

The Prestige Kostava complex features thoughtfully designed outdoor areas, including modern children’s playgrounds with safe rubber flooring, swings, slides, and sandboxes. There are also quiet relaxation areas with wooden benches and pergolas where residents can unwind and enjoy the greenery.

The entire complex is fully accessible for people with limited mobility, with barrier-free pathways and entrances throughout the site.

Paved walkways and driveways ensure easy movement around the property. A guest parking area is available near the complex, and an underground garage is currently under construction for residents.

The inner courtyard will be landscaped with lush green lawns, colorful flower beds, trees, and ornamental shrubs, creating a vibrant, welcoming atmosphere.

Modern outdoor lighting ensures the grounds are well-lit and safe in the evenings, making Prestige Kostava a secure and comfortable place to call home.

Apartment sales

Block A, the historic building, includes just 17 exclusive residences with soaring ceilings and spacious layouts ranging from 100 to 150 square meters. Each apartment offers direct access via a modern, low-noise elevator. These residences will be delivered in shell condition (“green frame”), giving owners the freedom to design and finish their interiors to suit their personal style.

Block B features 51 apartments in a variety of layouts, including one-, two-, and three-bedroom options. Unlike Block A, the apartments here will be fully finished, with a choice of two interior design styles thoughtfully curated to complement the historic character of the complex. The final design can be tailored to your individual preferences, ensuring a space that truly feels like home.

The project offers a high return on investment (ROI), with the potential to recoup your investment within 8 years. With Macro Construction, you're not only buying a home in a landmark location—you’re making a smart, future-forward investment.

Each apartment is fitted with floor-to-ceiling panoramic windows featuring double-glazed, energy-efficient glass within premium metal-plastic frames. The generous glazing ensures abundant natural light throughout. In addition, each unit comes with an open balcony with elegant railing details, creating a comfortable outdoor extension of your living space.

Apartments are available for purchase via cash or mortgage financing through TBC Bank. For more details on unit availability, pricing, and payment terms, visit the sales office, listed on the project’s official website.

About the developer

The restoration and redevelopment of the historic Saknavtobi building into the Prestige Kostava residential complex is being carried out by Macro Construction in partnership with Ken Construction.

Prestige Kostava is the first property in Macro Construction’s Prestige series, designed to offer a lifestyle rooted in both heritage and modern luxury.

The company’s mission is to preserve the architectural identity of the iconic Saknavtobi building, originally designed by one of Georgia’s most renowned 20th-century architects, Mikheil Neprintsev. Built in line with the bold design language and spirit of its time, the building is now being reborn as an elite residential address.

This transformation is more than just a restoration—it’s the continuation of a legacy, turning a significant historical structure into a vibrant home for modern living, while honoring the elegance of its past.

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Which apartments are available for sale in Prestige Kostava in Tbilisi?

For sale are 1-room, 2-room, 3-room, 4-room, 5-room.

How much does a m² cost in Prestige Kostava?

The price per m² in this complex starts from ‍5 506 ₾.

How to buy an apartment in Prestige Kostava in Tbilisi?

In this complex you can buy apartments with a Mortgage from TBC Bank.

When will Prestige Kostava be commissioned?

Block A, Block B – completion in Q2 2025.