Limited availability
VR Krtsanisi Resort Residence by VR Holding
20-hectare resort residence in Tbilisi's most diplomatic and ecologically clean district — 4.1 km from Old Tbilisi, 5.2 km from Freedom Square.
LAUNCH PRICE
From USD 100,990
PAYMENT PLAN
20/80
HANDOVER
Phase 5 — July 2026
ROI POTENTIAL
14.00%
About the Project
Overview of VR Krtsanisi Resort Residence by VR Holding
VR Krtsanisi Resort Residence is a large-scale resort and residential development spanning 20 hectares in Tbilisi's Krtsanisi district, with 70% of the territory dedicated to recreational space. The project is developed by VR Holding, founded in 2010, with a total investment portfolio of USD 1.35 billion. The complex comprises six phases — four completed, with phases 5 and 6 delivering in 2026 and 2029 respectively — and includes a multifunctional building with hotel-standard services. Units range from studios from 32.6 sq.m to 1BR, 2BR, 3BR, 4BR apartments, penthouses and townhouses up to 519.7 sq.m. ROI — 14% annually.
Old Tbilisi — 4 km
Bridge of Peace — 4 km
Abanotubani Sulphur Baths — 4 km
National Botanical Garden — 4.5 km
Narikala Fortress — 4.5 km
Freedom Square — 6 km
Project Details
Starting Price
From USD 100,990
Handover
Phase 5 — July 2026
Phase 6 — March 2029
Payment Plan
20/80, internal installment up to 10 years
Area
From 32.6 sq.m
Property Type
Studios, apartments, penthouses, townhouses
Bedrooms
Studios – 4BR + penthouses
Developer
VR Holding
Location
Krtsanisi, Tbilisi, Georgia
Signature Features & Amenities
VR Krtsanisi Resort Residence is more than a residential complex — it is a self-contained community on 20 hectares, where 70% of the territory is green space. The infrastructure covers every aspect of daily life: multiple pools, a full wellness and sports offering, dining and entertainment, and dedicated facilities for children and families including a school and kindergarten. The multifunctional building brings hotel-standard services, retail and co-working into the same address.
- 45-Metre Pool, Sandy Beach & Waves
- 80-Metre Infinity Pool
- Indoor Swimming Pool
- Terrace Pool with Panoramic City Views
- Spa & Wellness Centre
- Gym with Technogym Equipment
- Sauna
- Padel & Tennis Courts
- Football & Basketball Pitches
- Mini-Golf
- Bowling Club
- Hippodrome & Horse Stable
- School & Kindergarten
- Amphitheatre
- Fine-Dining, Wine Tasting Area
- Conference Hall
- Hypermarket, Cafes & Shops
- Co-Working Spaces
- French, Tropical & Japanese Gardens
- 24/7 Security & Concierge
- Room Service, Laundry, Grocery Delivery
- Valet Parking & Transportation
Property Types
VR Krtsanisi Resort Residence offers studios from 32.6 sq.m, 1BR apartments from 50.1 sq.m, 2BR and 3BR apartments, 4BR penthouses with private pools up to 519.7 sq.m, and townhouse apartments. All units in the Resort Residence are delivered as green frame. The multifunctional building offers studios from 32.6 sq.m and 2BR apartments up to 160.5 sq.m, with an optional renovation, furniture and appliances package available.
Property Type
Living Area
Starting Price
1-BR Apartments
775 sq ft
| Upon Request |
2-BR Apartments
1,096 sq ft
|
3-BR Apartments
1,121 sq ft
|
4-BR Penthouses
3,658 sq ft
|
Payment Plan
VR Krtsanisi Resort Residence offers two payment options: a standard 20/80 plan with 20% on booking and 80% during construction, or an internal installment plan of up to 10 years with no income verification required.
20%
Down Payment
80%
During Construction
Investment Potential
VR Krtsanisi Resort Residence sits in Krtsanisi — one of Tbilisi's most prestigious and diplomatically significant districts, historically home to embassies and government residences, with consistently low supply of new development. The complex offers a rare combination: resort-level infrastructure within the city, managed by VR Signature, generating rental income from day one. Entry starts from USD 100,990, with a guaranteed 20% investment growth and a buyback option at a 24.5% premium available in the multifunctional building. Annual ROI — 14%. Georgia levies no inheritance tax, property tax under 1%, and has double taxation treaties with 58 countries.
As of 2026:
- ROI — 14% annually
- Guaranteed 20% investment growth
- Buyback option at 24.5% premium
- Entry from USD 100,990
- 0% tax on resale after 2 years
- 5% rental income tax
- No inheritance tax, property tax under 1%
- Full foreign ownership — no restrictions
- Residency from USD 100K investment
- Double taxation treaties with 58 countries
- Internal installment up to 10 years — no income verification required
Gallery
Exteriors
Interiors
About Krtsanisi
Krtsanisi is one of Tbilisi's most diplomatically significant districts — historically home to embassies, government residences and international institutions, with low-density development and a strong sense of privacy and security. The area borders open green zones, offering rare air quality for a capital city. Old Tbilisi and the National Botanical Garden are 4 km away, Freedom Square 6 km, and the airport 17 km. Tbilisi accounts for 72% of Georgia's entire real estate market: in 2024, 39,600 units were sold in the city — the second highest result in market history. The average price for new developments in Q1 2025 was around USD 1,320/sq.m.
About Krtsanisi
Krtsanisi is one of Tbilisi's most diplomatically significant districts — historically home to embassies, government residences and international institutions, with low-density development and a strong sense of privacy and security. The area borders open green zones, offering rare air quality for a capital city. Old Tbilisi and the National Botanical Garden are 4 km away, Freedom Square 6 km, and the airport 17 km. Tbilisi accounts for 72% of Georgia's entire real estate market: in 2024, 39,600 units were sold in the city — the second highest result in market history. The average price for new developments in Q1 2025 was around USD 1,320/sq.m.
Attractions
Life in the historic heart of Tbilisi:
- Isani Mall
- Sheraton Grand Tbilisi Metechi Palace
- Freedom Square
- Holy Trinity Cathedral
Healthcare
Medical care close to home:
- Geo Hospitals — Isani-Samgori Branch
- Davit Metreveli Medical Center
- Davit Tatishvili Medical Center — Isani Branch
Education
Options for families:
- Public Schools №81 & №99 — Isani district
- Georgian National University (SEU)
- Isani district kindergartens
About the Developer
About VR Holding
Founded in 2010 by businessman Noshiko Namoradze, VR Holding is a Georgian developer specialising in large-scale residential and resort destinations with a strong focus on eco-conscious design, recreational infrastructure and premium construction standards. With a total investment of USD 1.35 billion, a land bank of 620,000 sq.m and 7 completed projects, the company is behind several landmark developments across Georgia, including VR Krtsanisi Resort Residence — one of Tbilisi's first resort-style residential communities — the 230-metre VR Vake Sky Tower in Vake, and VR Shekvetili Forest~Beach on the Black Sea coast.
FAQs About VR Krtsanisi Resort Residence
Who is the developer of VR Krtsanisi Resort Residence?
The project is developed by VR Holding — one of Georgia's leading resort and residential developers, founded in 2010 with a total investment portfolio of USD 1.35 billion and 7 completed projects across a land bank of 620,000 sq.m.
Where is VR Krtsanisi Resort Residence located?
The complex is located in Krtsanisi — one of Tbilisi's most prestigious and ecologically clean districts, historically home to embassies and government residences. Old Tbilisi is 4 km away, the National Botanical Garden 4.5 km, and the international airport 17 km.
What property types are available at VR Krtsanisi Resort Residence?
VR Krtsanisi Resort Residence offers studios from 32.6 sq.m, 1BR apartments from 50.1 sq.m, 2BR and 3BR apartments, and 4BR penthouses with private pools up to 519.7 sq.m. All units are delivered as green frame, with Fundermax and Grespania facades, Italian marble in shared spaces, stone wool insulation, aluminum door and window systems, and double tempered glass balcony railings. The multifunctional building offers studios from 32.6 sq.m and 2BR apartments up to 160.5 sq.m, with an optional renovation, furniture and appliances package.
What is the starting price at VR Krtsanisi Resort Residence?
Prices start from USD 100,990 for a studio and reach USD 1,521,450 for the largest penthouse units.
What payment plans are available at VR Krtsanisi Resort Residence?
Two options are available: a standard plan with 20% on booking and 80% during construction, or an internal installment plan of up to 10 years with no income verification required.
When will VR Krtsanisi Resort Residence be completed?
Phases 1–4 are already completed. Phase 5 delivers in July 2026, Phase 6 in March 2029. Block A of the multifunctional building is scheduled for December 2028.
What returns can I expect at VR Krtsanisi Resort Residence?
Annual ROI — 14%. The multifunctional building offers a guaranteed 20% investment growth and a buyback option at a 24.5% premium.
Can foreigners buy property at VR Krtsanisi Resort Residence?
Yes. Foreign buyers can purchase property in Georgia in full ownership with no additional permits or intermediaries. Title is registered in the blockchain registry within one business day.
Can I obtain residency by purchasing at VR Krtsanisi Resort Residence?
Yes. From USD 100K — annual residency permit with yearly renewal. From USD 300K — 5-year investor residence status, renewable.
What tax advantages does Georgia offer?
0% tax on resale after two years of ownership, 5% rental income tax, property tax 0–1%, and no inheritance tax. Georgia has double taxation treaties with 58 countries.
Why invest in VR Krtsanisi Resort Residence?
VR Krtsanisi Resort Residence combines resort-level infrastructure with a prestigious Tbilisi address — rare on the market at this scale. Entry from USD 100,990, annual ROI 14%, with guaranteed returns and a buyback option available in the multifunctional building. Tbilisi accounts for 72% of Georgia's real estate market, and the country welcomed 7.8 million tourists in 2025.
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