Location
Tbilisi (capital)
Property Type
Luxury apartments of various sizes, fully furnished and equipped, including all electrical appliances
prices start from
67,950$
Property Appreciation
20% by project completion
Management Company
Yes
About the Terrassa Ortachala project
Terrassa Ortachala is an upscale residential tower located in one of the most prestigious places in the city of Tbilisi, next to the famous Mtkvari River running through Tbilisi.
With 31 floors, the building will have 195 apartment units above one floor of commercial space on the ground level.
With the project nearing completion, the building and its surroundings will soon play host to residents who appreciate high quality planning, construction and finish.
Due to the project’s high quality and location in Tbilisi, as well as the little time left until the building may be occupied, demand is high among residents and investors seeking high returns.
About Georgia
Georgia – A decade of growth and a magnet for entrepreneurs and companies
- World Bank Rankings for 2020: Georgia ranks second in the world as the best place to do business!
- Among the indices that were weighted: a score of 92.9 in the registration of assets, a score of 85 in providing credit to businesses and entrepreneurs, a score of 99.6 in opening businesses.
- Average annual growth in the last 5 years is 3.86%!
- GNP 6% per year
- 6th place in the world with ease of doing business (Israel is ranked 39th on the list)
- Meteoric real estate growth in recent years
- A country friendly to Israel
- Accessibility: Close to Israel (just about a two-hour flight)
Tbilisi - the capital of Georgia and the business center of the country
The city is located in the heart of the Kartli region in eastern Georgia, on both banks of the Kura (Mtkvari) River. It is the largest city in Georgia, covering 350 square kilometers and has over 1 million residents, who constitute about 25% of the total population of the country.
Tbilisi, the capital and the business-industrial center of Georgia, is home to government offices, the largest airport and other significant commercial centers. A very attractive tourist destination, Tbilisi is visited by more than 4 million tourists every year, seeking architecture, antiquities, culture and cuisine.
The average wage in the city is three times the national average. The inhabitants include the wealthy of Georgia, most of whom live in several high-quality, prestigious neighborhoods close to the center:
Saburtalo, Ortachala, Vake, Gldani and Abanotubani (the Old City). As a result, Tbilisi is a significant point of interest for potential real estate investors.
Tbilisi - the capital of the United Kingdom of Georgia
- The city's population is 1,118,035 million
- Main axis of the Baku–Tbilisi–Ceyhan oil pipeline
- Abundant cultural and historical centers: 33 theaters and 13 museums in the city
- 8 universities and academic centers, where tens of thousands of students study
Why IMAX?
Your success is our success!
- Representing a range of real estate investments abroad
- Producing steady returns, high profit
- Identifying properties thanks to our experts, with over 15 years of international real estate investment experience
- Providing professional assistance at all times
- Offering investment opportunities with low equity requirements - starting at only $40,000!
- Holding exclusivity to market projects of major development companies abroad
- Supporting investors through the expertise of a large, respected law firm in Israel
- Providing investors with an escrow account, collateral and guidance throughout
- Managing projects from A to Z: The company works in collaboration with the best local property management companies in each area
