Limited availability
Grand Avenue by Archi in Tbilisi, Georgia
Tbilisi's largest urban redevelopment by international architects— a city-within-a-city in Chugureti, with 11 ha of green space.
LAUNCH PRICE
From USD 61,274
PAYMENT PLAN
28-month interest-free installment plan
HANDOVER
2029
ROI POTENTIAL
12,5%
About the Project
Overview of Grand Avenue by Archi in Tbilisi
Archi's largest project to date — an urban quarter on the site of the South Caucasus Railway's historic wagon-repair factory in Chugureti. The masterplan preserves the factory's industrial facades, transforming them into a gastro hub, co-working spaces, a museum, and 11 ha of parks. Two residential towers form a self-sufficient ecosystem designed by international architects from Singapore, Madrid, and Sydney. Chugureti posted the highest price growth in Tbilisi in 2025 at 28.3% year-on-year.
Dinamo Stadium — 5 min
Tsereteli Avenue — 5 min
Central Tbilisi — 10 min
Tbilisi International Airport — 20–25 min
Project Details
Starting Price
USD 61,274
Handover
2029
Payment Plan
28-month interest-free
Area
37.8–127.2 sq.m
Property Type
Apartments
Bedrooms
Studios, 1–3BR
Developer
Archi Properties
Location
Chugureti, Tbilisi
Signature Features & Lifestyle Amenities
75% of Grand Avenue's 550,000 sq.m masterplan is green space. Sports infrastructure covers 3,200 sq.m: gym and spa, 35-metre indoor and outdoor pools, nine rooftop padel courts, and football and basketball courts. Daily life is served by a gastro hub, co-working spaces, cinema, children's areas, school, kindergarten, and a factory-history museum — all connected to Tsereteli Avenue via a road tunnel.
- 11 ha of parks & cycling paths
- 3,200 sq.m gym & spa
- 35-metre indoor & outdoor pools
- Padel centre — 9 rooftop courts
- Tennis, football & basketball courts
- Gastro hub — café-bars & restaurants
- Co-working spaces
- Cinema & lounge
- Children's play areas
- School & kindergarten
- Museum of factory history
- Road tunnel to Tsereteli Avenue
Property Types
Grand Avenue offers two Green Frame blocks. Block A (premium, 31 floors, 476 units): studios from 37.8 sq.m, 1–3BR up to 127.2 sq.m — with central heating, outdoor pool, lounge, and cinema. Block B (comfort, 25 floors, 356 units, 128 parking spaces): studios from 39.6 sq.m, 1–2BR up to 86.8 sq.m — eco-friendly materials, family-oriented layouts.
Property Type
Living Area
Starting Price
Studio
398 sq ft
| Upon Request |
1-BR Apartments
570 sq ft
|
2-BR Apartments
732 sq ft
|
3-BR Apartments
1,356 sq ft
|
Payment Plan
Grand Avenue offers an interest-free installment plan over 28 months, with a monthly payment from USD 2,189.
TBC
On request
TBC
Monthly installments
TBC
Remaining balance
Investment Potential
Grand Avenue enters Tbilisi's fastest-growing district — Chugureti posted 28.3% price growth in 2025, the highest in the city. Against a city-wide average of USD 1,320/sq.m, the entry point from USD 61,274 offers projected capital appreciation of 42.5% by 2029 and rental yield of 12.5%. Georgia's tax framework is one of the region's most attractive: no purchase tax, 5% rental income tax, zero capital gains after two years, and same-day blockchain title registration. Foreign nationals hold 100% ownership rights; investment from USD 100K qualifies for a Georgian residence permit.
As of 2026:
- From USD 61,274 for a studio in Tbilisi's fastest-growing district
- Projected rental yield: 12.5% per annum
- Projected capital appreciation: 42.5% by 2029
- Chugureti: +28.3% price growth in 2025 — highest in Tbilisi
- 550,000 sq.m masterplan — unprecedented scale for the Georgian market
- International architect team: Singapore, Madrid, Sydney
- No property purchase tax, 5% rental tax, zero capital gains after 2 years
- 100% foreign ownership rights, same-day blockchain title registration
- Georgian residence permit from USD 100K investment
- Visa-free access to Georgia for 90+ nationalities up to 365 days
Gallery
Exteriors
Interiors
About Chugureti, Tbilisi
Chugureti is one of Tbilisi's most dynamically evolving districts — a former industrial quarter that has emerged as a destination for digital nomads, young expats, and the creative class. In 2025, it recorded the highest price growth of any district in the city at 28.3% year-on-year, reflecting strong and sustained demand. Tbilisi concentrates 72% of Georgia's entire real estate market and in 2024 recorded 39,600 residential transactions — the second-highest annual total in market history. The city's average new-build price reached USD 1,320/sq.m, with premium locations exceeding USD 2,000–2,500/sq.m. Georgia's GDP grew 9.4% in real terms in 2024, tourism revenues hit a record USD 4.43 billion, and passenger traffic rose 24% — providing a strong macroeconomic foundation for property investment.
About Chugureti, Tbilisi
Chugureti is one of Tbilisi's most dynamically evolving districts — a former industrial quarter that has emerged as a destination for digital nomads, young expats, and the creative class. In 2025, it recorded the highest price growth of any district in the city at 28.3% year-on-year, reflecting strong and sustained demand. Tbilisi concentrates 72% of Georgia's entire real estate market and in 2024 recorded 39,600 residential transactions — the second-highest annual total in market history. The city's average new-build price reached USD 1,320/sq.m, with premium locations exceeding USD 2,000–2,500/sq.m. Georgia's GDP grew 9.4% in real terms in 2024, tourism revenues hit a record USD 4.43 billion, and passenger traffic rose 24% — providing a strong macroeconomic foundation for property investment.
Attractions
Key destinations nearby
- Dinamo Stadium & Vake Park
- Tsereteli Avenue
- Tbilisi Old Town
- Rustaveli Avenue
Premier Healthcare
Medical infrastructure nearby
- Tbilisi Heart and Vascular Clinic
- Aversi Clinic
- Tbilisi Central Hospital
- MediClub Georgia
Elite Education
Educational institutions nearby:
- European School of Tbilisi
- Tbilisi State University
- American School of Georgia
- School & kindergarten in Grand Avenue
About the Developer
About the Developer
Archi is Georgia's leading real estate developer with 19 years of experience, 51 completed projects, 31 under construction, and more than 47,000 residents housed. The company operates under ISO 9001:2015 quality management certification and builds with energy-efficient Ytong blocks, ventilated facades, low-emissivity glazing, and soundproofing. High-end KONE elevators, independent water reservoirs, and backup generators are standard across projects. The Archi ecosystem — Archi Rent, Archi Renovo, Archi Fix, Archi Resale, and Archi Card — covers the full ownership lifecycle from renovation and furnishing to rental management and resale.
FAQs About Grand Avenue
Who is the developer of Grand Avenue?
Grand Avenue is developed by Archi, Georgia's leading real estate developer with 19 years of experience, 51 completed projects, and more than 47,000 residents. Construction is certified under ISO 9001:2015.
Where is Grand Avenue located?
The project is located at 32 Tsotne Dadiani Street in the Chugureti district of Tbilisi, next to Dinamo Stadium, with a direct road tunnel to Tsereteli Avenue — one of the city's main arterials.
What is the «city within a city» concept at Grand Avenue?
Grand Avenue is a self-sufficient 550,000 sq.m urban quarter with housing, a school, kindergarten, sports facilities, restaurants, co-working spaces, a museum, and 11 ha of green space. Everything residents need to live, work, and unwind is within the complex.
What property types are available at Grand Avenue?
The project includes two blocks: premium (Block A, 31 floors, 476 apartments) and comfort (Block B, 25 floors, 356 apartments). Formats range from studios from 37.8 sq.m to 3-bedroom apartments up to 127.2 sq.m.
What is the starting price at Grand Avenue?
Apartments at Grand Avenue start from USD 61,274 for a studio in Block A.
Is there a payment plan available?
Yes. Buyers have access to an interest-free installment plan over 28 months, with monthly payments from USD 2,189.
When is the handover of Grand Avenue?
Completion and key handover is scheduled for 2029.
Can foreigners buy apartments at Grand Avenue?
Why invest in Grand Avenue?
Grand Avenue is the largest redevelopment project in Tbilisi's history, delivered in the city's fastest-growing district. The combination of scale, a unique architectural and urban concept by an international team, and strong investment metrics — 12.5% projected rental yield and 42.5% projected capital appreciation — makes it one of the most compelling assets on the Georgian market.
How is property management handled?
Management is handled under Wyndham standards — one of the world's largest hotel chains with a portfolio of over 900 Ramada hotels. Owners receive rental income without managing the property themselves.
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