New — Tbilisi Private Advisory
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A rare full-floor penthouse in Krtsanisi, one of Tbilisi’s most sought-after elevated addresses, delivering uninterrupted 360-degree panoramic views over the city.
The residence:
* 365m² total living space
* 3 bedrooms, 3 bathrooms
* Dedicated laundry room
* Additional storage rooms
* Two private balconies plus a full terrace — four distinct outdoor zones for a single unit, unusual even at this price point
* Fully furnished, move-in ready — no renovation timeline, no contractor coordination, no waiting
The numbers:
Comparable Krtsanisi penthouses in black-frame (unfinished shell) condition are currently trading at $1,800/m². At that benchmark, this unit’s raw shell value alone is approximately $657,000. This property is offered fully furnished and finished at $520,000 — a built-in discount of roughly $137,000 against shell pricing, before accounting for the cost and time of finishing 365m² to this standard independently.
For an end-user, this is a complete residence with zero execution risk. For an investor, this is a below-replacement-cost acquisition with immediate rentability given the finished condition and panoramic view premium.
Serious inquiries only. Private viewings by appointment.