Grand Avenue by Archi in Chugureti, Tbilisi, Georgia
Tbilisi , Georgia

Grand Avenue by Archi in Chugureti, Tbilisi, Georgia

Tbilisi's largest urban redevelopment — studios and 1–3BR apartments in a city-within-a-city on the site of a historic railway factory. 11 ha of green space, padel centre, pools, school, and gastro hub. From USD 61,274. Handover 2029.

Launch Price
225k
Handover
2029
Number of Units
832

Project Overview

Archi's largest project — a 550,000 sq.m urban quarter on the site of a historic railway factory in Chugureti. The masterplan preserves the industrial facades, transforming them into a gastro hub, co-working spaces, a museum, and 11 ha of parks. Two towers — Block A (premium, 31 floors, 476 units) and Block B (comfort, 25 floors, 356 units) — form a self-sufficient ecosystem by international architects from Singapore, Madrid, and Sydney. Chugureti posted Tbilisi's highest price growth in 2025 at 28.3% year-on-year.

  • Location
  • Developer
  • Property type
    Apartments, Studios
  • Number of bedrooms
    1-3
  • Area from
  • Handover
    2029
  • Payment Plan
    On Request

Floor Plans

Studio

Apartment

Floor plan
Starting price: On Request
Living area:

1 Bedroom

Apartment

Floor plan
Starting price: On Request
Living area:

2 Bedrooms

Apartment

Floor plan
Starting price: On Request
Living area:

3 Bedrooms

Apartment

Floor plan
Starting price: On Request
Living area:

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Key points

Tbilisi's Largest Green Urban Quarter

Grand Avenue dedicates 75% of its 550,000 sq.m masterplan — 11 hectares — to green space, parks, and cycling paths. For a central urban development in Tbilisi, this is unprecedented: residents live inside a park, not next to one.

Preserved Industrial Heritage

The authentic facades and structures of the South Caucasus Railway's historic wagon-repair factory are preserved and integrated into the masterplan — forming a gastro hub, museum, co-working spaces, and cultural venues. The result is an urban environment with genuine character, designed by an international team from Singapore, Madrid, and Sydney.

Amenities

These are just a few of the amenities available in this residence. To receive the full list of features and detailed information, please contact our agent — we will tailor the best option for your needs.

  • Restaurants icon

    Restaurants

  • Co-working Area icon

    Co-working Area

  • Gardens icon

    Gardens

  • Cycling Tracks icon

    Cycling Tracks

  • Paddel Tennis icon

    Paddel Tennis

  • Indoor Pool icon

    Indoor Pool

  • Gym icon

    Gym

  • Spa icon

    Spa

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    Tbilisi , Georgia

    Tbilisi is a rare case where history, economy, and real estate move in the same direction at once. Georgia’s GDP grew at double-digit rates for four consecutive years, and the capital’s residential market reached $4.3 billion in 2024 — with 72% of all national transactions concentrated here. Saburtalo is the city’s main business and academic district: three metro lines, leading universities, medical centres, and a new wave of premium developments priced at $1,400–2,000/sq. m — an entry point that most European markets stopped offering long ago.

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    FAQ

    • 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. ISO 9001:2015 certified.

    • Where is Grand Avenue located?

      32 Tsotne Dadiani Street, Chugureti district, Tbilisi — next to Dinamo Stadium, with a direct road tunnel to Tsereteli Avenue.

    • What property types are available at Grand Avenue?

      Two blocks: premium (Block A, 31 floors, 476 units) and comfort (Block B, 25 floors, 356 units). Formats from studios from 37.8 sq.m to 3-bedroom apartments up to 127.2 sq.m.

    • How much do apartments at Grand Avenue cost?

      Prices start from USD 61,274 for a studio in Block A.

    • What is the payment plan for Grand Avenue?

      Interest-free installments over 28 months, with monthly payments from USD 2,189.

    • When will Grand Avenue be completed?

      Handover is scheduled for 2029.

    • In what condition are apartments in Grand Avenue delivered?

      Green Frame: plastered walls, screeded floors, installed electrical systems, steel entrance doors, balcony tiles. Block A additionally includes aluminium composite panels and central heating.

    • Can foreigners buy apartments at Grand Avenue?

      Yes. 100% foreign ownership rights in Georgia, no additional approvals. Same-day title registration via blockchain registry.

    • Is Grand Avenue a good investment?

      Grand Avenue is the largest redevelopment project in Tbilisi's history, in the city's fastest-growing district. Projected rental yield 12.5%, projected capital appreciation 42.5% by 2029, no purchase tax, 5% rental income tax, zero capital gains after two years.

    • "Is Grand Avenue a good place to live? "

      Yes. Grand Avenue offers a self-sufficient urban ecosystem — 11 ha of parks, padel centre, pools, gym and spa, gastro hub, school, kindergarten, museum, and co-working — all within one city block in central Tbilisi.

    About Metropolitan Premium Properties

    Metropolitan Premium Properties is a RERA-licensed real estate brokerage in Dubai (ORN 11899), part of the Metropolitan Group established in 2008. The agency has 1,000+ professionals across offices in Dubai, Abu Dhabi, Ras Al Khaimah, and Vienna, and covers residential and commercial sales, off-plan investments, rentals, and property management. The company has closed 6,000+ transactions totalling over AED 15 billion in investments and holds 120+ industry awards.

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