You’re not buying land.

You’re buying a finished business model with the numbers already working in your favor.**

This Phase III parcel — 1,868 sq.m of prime development territory — sits in the heart of Tbilisi’s most rapidly evolving residential zone. The masterplan is done. Demand is proven. The location sells itself.

Your job isn’t to imagine the potential.

Your job is to execute and collect.

THE NUMBERS THAT MAKE THIS PROJECT A WINNER

🧱 Total Land Area: 1,868 sq.m

🏗 Construction Area: 5,500 sq.m

📈 Sellable Areas:

• Apartments + Balconies: 2,506 sq.m

• Commercial Spaces: 500 sq.m

• Exploitable Rooftops: 600 sq.m

This isn’t raw land — this is a pre-structured revenue blueprint.

You’re looking at 3 different streams of monetization:

1. Residential Units – premium-class buyers, highest absorption rate

2. Commercial Spaces – steady monthly cashflow, high-demand frontage

3. Rooftop Exploitation – penthouses, roof terraces, F&B concepts, or leased-out amenities

Few projects in Tbilisi allow this level of triple-layer value extraction.

THE LOCATION ADVANTAGE

(What every buyer cares about first)**

Within minutes, your future residents reach:

• Public Service Hall – 5 min

• Rike Park – 6 min

• Metekhi Bridge & Narikala – 7 min

• Liberty Square – 7 min

• Botanical Garden – 14 min

• Mtatsminda – 20 min

This is Old Tbilisi proximity with modern infrastructure — the rarest combination in the city.

You’re placing a premium residential product in a zone where tourists move, expats rent, and locals upgrade.

This directly boosts demand, conversion rates, and resale velocity.

WHAT MAKES THIS PROJECT STRATEGIC

1️⃣ Phase III of a Premium Complex → The Hard Work Is Done

You’re not entering a risky first phase. You’re stepping into a validated, operational development ecosystem where Phase I & II success pulls demand for Phase III automatically.

2️⃣ Optimal Construction-to-Sellable Ratio

A 5,500 sq.m build generating 3,606 sq.m sellable area (incl. rooftops + commercial) means you’re extracting maximum value per cubic meter.

3️⃣ Perfect Product-Market Fit

This area attracts:

• High-income Georgian buyers

• Expat families

• Digital nomads

• Short-term rental investors

• Commercial tenants

And your product appeals to them all.

4️⃣ Rooftop Sales = Hidden Profit

600 sq.m of exploitable rooftops is a developer’s cheat code for profitability:

turn them into penthouses, terraces, or premium amenities and you create pure margin.

THE REAL OPPORTUNITY

This is not a land purchase.

This is a fully shaped development opportunity with:

• Defined sellable areas

• A proven residential micro-market

• A premium-class urban environment

• High tourism penetration

• A location that guarantees demand

• A masterplan that removes development risk

• And multiple revenue channels baked in

If you’re a developer who wants speed, certainty, and profit,

this Phase III parcel is where you build your next flagship.