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
15% by project completion
Management Company
Yes
About the Terrassa Saburtalo project
The Terrassa Saburtalo is located in the most central and sought-after neighborhood in Tbilisi, the beautiful and affluent Saburtalo neighborhood, close to the center of the Old City.
The prestigious residential project will comprise three 21-22 story towers located in the heart of a huge park surrounded by greenery and the unique trees of Georgia; offering one of the highest standards of living in the city, the project is already attracting many of the wealthy residents of the capital. The towers are located in close proximity to all conveniences – the metro, public transportation, schools, community centers, health care centers, etc. The project also includes private sports fields, a favorite of the locals.
The project offers investors 2, 3 and 4-room apartments and penthouses, complete furniture fittings and fine electrical appliances. This is at prices starting at $45,000 for 2-room apartments and $60,000 for 3-room apartments, which are in greater demand by investors. These apartments yield annual returns of 8-12% with a local professional management company, which handles everything related to the apartment on the investor’s behalf, including maintenance, rent and the flow of funds to investors. Whether through rental tenants for steady-income lovers or through Airbnb, the investor can decide how they would like to earn their returns.
The project is being built with the highest quality, using green construction with the best-quality construction materials in the world, including solid, insulated concrete, without any gypsum walls. The design and materials help ensure a perfect quality of life for tenants. Beyond the high yields, investors will enjoy major appreciation of the value of their apartment investment, estimated at over 15%, making the investment here one of the best there is. The project is in the initial stages of construction and will be ready for delivery at the end of 2022.
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
