Demax Vake
in Tbilisi

Price / m2
from ‍4 613 ₾ $1 550
by ‍148 ₾ $50
Developer
Address
Kipshidze St.

Layouts and prices for Demax Vake

Prices and availability are up to date as of 20 June. Please check with your consultant for the most accurate information
1-bedroom apartments54–61.1 m2from ‍4 613 ₾ / m2 $1 550from ‍260 205 ₾ $87 420
2-bedroom apartments88.8–143.3 m2from ‍4 762 ₾ / m2 $1 600from ‍422 901 ₾ $142 080
3-bedroom apartments121.6–155.4 m2from ‍4 762 ₾ / m2 $1 600from ‍595 395 ₾ $200 032
4-bedroom apartments145.8–217.4 m2from ‍4 762 ₾ / m2 $1 600from ‍694 357 ₾ $233 280
Available apartments on the building plan
Look at the actual apartments available for purchase on the residential diagram of the residential complex

Demax Vake on the map of Tbilisi

Development status

Demax Vake
under construction
for sale
сompletion4 quarter 2022

Construction progress Demax Vake

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

The latest update — June 2022

Construction progress Demax Vake - Angle 1, June 2022
Angle 1
March 2021June 2022
Construction progress Demax Vake - Angle 2, June 2022
Angle 2
October 2020June 2022
Construction progress Demax Vake - Angle 3, April 2022
Angle 3
July 2020April 2022

Ways to buy an apartment in Demax Vake

All calculations are approximate. The final figures will only be announced by the bank or the developer
1
2
3
4+
260 205 
increasing the price by 10-20% will make the calculation more realistic
GEL
USD
39 031 
ideal for a mortgage
15 %
5 years
years
months
I am a citizen of Georgia or have a residence permit
Mortgage from TBC Bank
Mortgage
13,9
%
interest rate
5 135
payment per month
15,44
%
effective rate
Excellent.
If your net income is at least
10 270
86 926
amount of interest payments
347 131
final cost of the apartment
Other ways to buy

Installment terms

term
7 months
down payment
30%
interest rate
0%
under the conditions of this program, they do not agree with your request
minimum installment – 30%, payment term – 7 months

Project attributes

About the building

Cadastral number01.14.14.005.046
Communicationselectricity, water, sewerage, natural gas
Construction technologymonolithic-frame
Elevator2 passenger elevators, 1 freight elevator
Infrastructurecommercial areas, closed area, park, outdoor pool, fitness center, spa center, bike paths, tennis courts, panoramic views
Number of buildings1
Number of floors22
Parkingunderground (4-level) parking, ground level parking
Security & Safetysecurity, CCTV

About the units

Apartment renovationgreen frame, complete renovation
Apartments area54–270 m2
Available unit typesstudio, 1‑bedroom, 2‑bedroom, 3‑bedroom, 4‑bedroom
Ceiling height3,30 m
Number of apartments180

Information about the project

Royal Vake Residential Complex is a premium new building offering a comfortable and healthy living environment.

What is the location of the complex?

Royal Vake is located in the central part of Tbilisi on Kipshidze Street and just 300 meters from Ilya Chavchavadze Avenue. A 10-minute walk away is the vast green area of ​​Vake Park. At about the same distance, Mziuri Park is slightly smaller in size. Nearby is the necessary infrastructure and convenient transportation.

What's around?

Next to the new building are the embassies of Turkey and Greece, hospital No. 9, the Supermarket Populi, and the Smart mixed food store. The educational institutions in the area are David Aghmashenebeli University of Georgia, Ilia State University, and school number 54.

Also nearby are cinema “Vremya Kino”, the Mikhail Meskhi Stadium, several banking branches, an Orthodox church, and a large selection of cafes and restaurants.

How to get around?

The nearest bus stop is at Chavchavadze Avenue, a short walk away. There are bus routes No. 9, 21, 34, 51, 59, 61, 85, 88, 140. The nearest metro station is “Delisi” at about 2 km. From Chavchavadze Avenue you can quickly go by car to other major highways connecting different parts of the capital.

What are the technical features of the complex?

Royal Vake in Tbilisi is a 21-storey new building with a modern design and excellent operational characteristics. During construction, only high-quality materials of European production are used. As the material for the decor of the exterior facade, a composite panel of the Italian company MAZZONETTO is used. The reliable monolithic frame is filled with pumice blocks and additionally coated with thermal plaster, which will guarantee a high degree of energy efficiency of the building and indoor comfort at any time of the year.

For glazing, the HEUCK aluminum profile and SAINT GOBAIN double windows are used.

What is on the territory of the complex?

The area that surrounds the building will be a great place to relax. Here residents can find sports fields and a children's playground. The area will be landscaped with plants and trees. The territory is guarded with a modern video monitoring system. A spacious 4-story underground parking is available for residents of Royal Vake.

Who is the developer?

Royal Vake is a project of real estate developer Demax Group, a young and promising developer not afraid to use innovations. The company strives for the fullest possible satisfaction of their clients and is ready for an active dialogue. On the official website of the developer, you can get more information about the features of the apartments offered for sale and the current conditions for sale. You can also find out more detailed information about the Royal Vake complex at the sales department of Demax Group.

Other websites about the project

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Lela Dzudzushvili
Korter Real Estate Consultant
«My experience in choosing real estate will help you to not only find the best option, but also feel more relaxed and more confident in this difficult process»
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This project is also called Royal vake, Demax Vake.

Which apartments are available for sale in Demax Vake in Tbilisi?

How much does a m2 cost in Demax Vake?

The price per m2 in this complex starts from 4613 ₾.

How to buy an apartment in Demax Vake in Tbilisi?

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

When will Demax Vake be commissioned?

Demax Vake – delivery in Q4, 2022.