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Vake Residence

Tbilisi
Nikoloz Kipshidze St, 1
5 houses are under construction, next delivery in Q4 2025 
Developer’s apartments
from ‍458 035 ₾
Price per m2
from ‍6 813 ₾
$
David Sarkisyan
David Sarkisyan
Korter Real Estate Consultant
Korter consultant

Layouts and prices for Vake Residence

Prices and availability are up to date as of 28 февраля 2025. Please check with your consultant for the most accurate information.
1-room
61–76 m2
from ‍6 813 ₾ per m2from ‍458 035 ₾
2-room
79–187 m2
from ‍7 508 ₾ per m2from ‍593 193 ₾
3-room
142–311 m2
from ‍6 813 ₾ per m2from ‍1 062 909 ₾
4-room
195–380 m2
from ‍7 508 ₾ per m2from ‍1 464 212 ₾
View 10 resale apartments

Vake Residence on the map of Tbilisi

Nikoloz Kipshidze St, 1

Project houses

Total 5 houses
Nikoloz Kipshidze St, 1
29 floors
Under construction
Start in Q1 2022
Completion in Q4 2025
Apartments for sale
from ‍458 035 ₾
Nikoloz Kipshidze St, 1
15 floors
Under construction
Start in Q1 2022
Completion in Q4 2025
For sale
Nikoloz Kipshidze St, 1
18 floors
Under construction
Start in Q1 2022
Completion in Q4 2025
For sale

Object documents

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

Construction progress Vake Residence

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

The latest update — декабрь 2024

Construction progress Vake Residence - Spot 1, декабрь 2024
Spot 1
июнь 2024декабрь 2024
Construction progress Vake Residence - Spot 2, март 2025
Spot 2
январь 2025март 2025
Construction progress Vake Residence - Spot 3, март 2025
Spot 3
ноябрь 2022март 2025
Construction progress Vake Residence - Spot 4, март 2025
Spot 4
ноябрь 2023март 2025
Construction progress Vake Residence - Spot 5, март 2025
Spot 5
ноябрь 2022март 2025

Installment in Vake Residence

30%
down
payment
up to 1 year 4 month
loan
term

Mortgage in Vake Residence

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 ‍389 330 ₾ from the bank
years
months
Mortgage from TBC Bank
14,5
%
annual interest
rate
35 048
payment for
month
16,97
%
effective interested rate that linked to a public
index
489 281
total for real
estate

Project characteristics

О доме

🟧 Number of buildings5
🟧 Number of floors10–29
🟧 Construction technologymonolithic-frame
🟧 Cadastral number01.14.14.003.122
🟧 Elevatoryes
🟧 Infrastructurerecreational area, children's playground, sports ground
🟧 Parkingunderground parking, ground level parking

About the units

🟧 Apartment renovationgreen frame
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Information about the project

Vake Residence is a premium, multifunctional residential complex located in one of Tbilisi’s most prestigious neighborhoods.

Why choose Vake Residence

  • central city location;
  • excellent transport links;
  • vibrant, well-developed district;
  • premium-quality building materials;
  • beautifully landscaped surroundings;
  • panoramic rooftop terraces;
  • on-site commercial spaces;
  • smart, functional layouts;
  • concierge service;
  • trusted and experienced developer.

Location

Vake Residence is situated at 1 Nikoloz Kipshidze Street, right in the heart of Tbilisi’s sought-after Vake district—just 100 meters from Chavchavadze Avenue. Its prime location offers easy access to Vake Park, major medical centers, and leading educational institutions, making it ideal for families and professionals alike.

Neighborhood amenities

The complex is surrounded by a full range of retail, commercial, and social infrastructure—all within walking distance:

  • educational institutions: a nearby kindergarten, public schools No. 165, 54, and 55, Ilia State University, and a public library;
  • healthcare facilities: Ehmedic Vake, Tbilisi Tatischevili Clinic, New Hospital Clinic, Royal Dent dental clinic, and Aversi pharmacy;
  • shopping: Homemart Mall, Agro Hub hypermarket, Europroduct, Spar, clothing and electronics stores;
  • dining: Havana Club Tbilisi, Cutlet House, Wendy’s, Manana’s Kitchen, and several bakeries and cafés;
  • recreation: Vake Park, Mikheil Meskhi Stadium, children's playgrounds, Cityfitness gym, and Baia Gallery;
  • banks, postal services, beauty salons, gas stations, and more.

Architecture

Vake Residence features a sleek, modern design made up of five residential buildings ranging from 10 to 29 stories. The structures are built using durable monolithic frame technology, engineered for seismic resilience. All materials used are high-quality and eco-friendly, with outstanding sound and thermal insulation.

The architecture is distinctly contemporary, with panoramic open-air terraces at the center of the complex and on the rooftops. Floor-to-ceiling glass façades, expansive windows, and open balconies add a futuristic touch and flood the interiors with natural light.

On-site amenities

The ground floors of Vake Residence feature a business center and commercial spaces available for lease. Rooftop and mid-level open terraces provide inviting outdoor areas where residents can relax and unwind.

A beautifully landscaped 4,000 m² recreation zone offers plenty of space for leisure and community gatherings. For families, the complex includes modern children's playgrounds and sports areas designed for active play.

Parking is well thought out, with a three-level underground garage for residents and a designated surface lot for guest parking.

The complex is fully gated and monitored by 24/7 video surveillance, ensuring a secure environment at all times.

A professional property management company is on-site, handling maintenance and upkeep of all common areas. Each building is equipped with modern, high-speed elevators for convenient access to every floor.

Transportation

Vake Residence is ideally located with excellent transportation options. Just a 2-minute walk from Nikoloz Chavchavadze Street, several public bus routes are easily accessible. By car, the city center is only about 25 minutes away. The nearest metro station, Rustaveli, is just 3 kilometers from the complex, and Tbilisi International Airport is reachable within an hour’s drive.

Apartments

The complex offers a range of thoughtfully designed studios, as well as 1-, 2-, 3-, and 4-bedroom apartments, with sizes ranging from 59 to 380 m². Each home features 3-meter-high ceilings that enhance the sense of space and light. Open-plan layouts include a combined kitchen and living area, as well as open balconies for enjoying fresh air and views.

All units are delivered in white frame condition, providing the perfect foundation for customizing your interior design.

Standard specifications include:

  • complete installation of all utilities (sewage, gas, water, electricity);
  • reinforced steel entrance doors and high-quality metal-plastic windows;
  • built-in fire safety system;
  • pre-installed central heating infrastructure.

Buyers also have the option to purchase fully finished apartments directly from the developer.

About the developer

Gumbati Holding is a leading Georgian real estate development company, founded in 1998. The company specializes in residential and commercial construction in Batumi, Tbilisi, and Bakuriani. With over five successful projects completed or in progress, Gumbati Holding is known for delivering quality and reliability.

For more information about Vake Residence and current pricing, visit the official website of the developer.

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

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

How much does a m² cost in Vake Residence?

The price per m² in this complex starts from ‍6 813 ₾.

How to buy an apartment in Vake Residence in Tbilisi?

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

When will Vake Residence be commissioned?

– completion in Q4 2025.