Tbilisi Downtown by Next
A five-building NEXT residential complex in Avlabari, Old Tbilisi: secure grounds with a pool and gym, 3.3 m ceilings. 20% down and 0% instalments over 22 months.
- A complex with a pool in Avlabari, Old Tbilisi.
- Apartments from $161,325, 3.3 m ceilings.
- 20% down and 0% instalments over 22 months.
About the project
Tbilisi Downtown is a NEXT residential complex in Avlabari, one of Tbilisi's oldest districts. Five buildings with 217 apartments and 24/7 secure grounds with a swimming pool and gym.
Currently on sale are one-bedroom apartments of 58–77 m², two-bedroom of 84.2–116.3 m² and three-bedroom of 127.7–145.3 m². Ceiling height is 3.3 m. Apartments are available unfinished or fully furnished with developer renovation.
The complex has a lobby and reception, 24/7 concierge, restaurant, gym, business lounge, library, children's areas and a garden; residents get room service, laundry and valet parking. Engineering: Daikin VRF air conditioning, Geberit plumbing, Schüco windows, KONE lifts.
It suits both living in the historic centre and renting to tourists: the Old Town's main sights are just minutes from Avlabari.
Gallery
What Tbilisi Downtown by Next will look like
Developer renderings.
Key facts
Key information
The essentials on one screen.
City, district
Tbilisi, Avlabari
Prices
from $161 325
Completion
Q3 2027
Instalments / mortgage
20% + 22 months at 0%
Residence permit
Yes — from $150,000
Finishing
unfinished or renovated and furnished (your choice)
Developer price list
Prices and purchase terms
Prices from the official NEXT (Next Group) price list as of November 2026 (available apartments on the NEXT website). Through Tbilicity — no mark-up.
| Type | Area | Price from | Per m² |
|---|---|---|---|
| 1 bedroom | 58–77 m² | $161 325 | from $2 250 |
| 2 bedrooms | 84.2–116.3 m² | $252 600 | from $2 600 |
| 3 bedrooms | 127.7–145.3 m² | $287 325 | from $2 250 |
The price of a specific unit depends on floor, view and finishing — we'll send an exact quote via WhatsApp.
Calculator
Calculate your instalments
Tbilicity analytics
Investment potential
Avlabari is part of the historic centre, with tourist rental demand. Tbilisi market figures for 2026:
Price per m², new buildings
One-bedroom apartment 71.7 m² × $10.0 per m² (average Tbilisi rent) ≈ $717 per month, about $8,604 per year. At a price from $161,325 that's:
Gross yield on a long-term let, before expenses, taxes and vacancy. Short-term rental works out differently — we'll calculate it on request.
Sources: Geostat (via Georgia Today, 26.10.2026); Galt & Taggart and TBC Capital — Tbilisi market reviews 2026; NEXT — available apartments, prices and terms on next-property.com, November 2026. Forecasts are not a guarantee of returns.
Developer
NEXT (Next Group)
NEXT (Next Group) is a Batumi-based developer building in Batumi, Tbilisi and Kobuleti, with projects also in the UAE, Poland, Kenya and Spain.
In Georgia the company has already sold out Next Orange, Next Apartments, Next White and Next Green; currently under way are Radisson Blu and Wyndham Residence in Batumi, NEXT Collection, Gardens, Address, Magnolia, Tbilisi Downtown, Tbilisi Oriental and other projects. NEXT has its own NEXT Property app for managing apartments and rentals.
Location
Avlabari: neighbourhood and amenities
Avlabari, Old Tbilisi, Tbilisi
Avlabari is one of Tbilisi's oldest and most characterful districts, on the left bank of the Mtkvari opposite Metekhi. It is home to Sameba Cathedral, Avlabari metro station, small cafés, markets and streets of old buildings.
The district thrives on tourism and culture, so apartments here let well on a short-term basis. At the same time, there are few new residential complexes in Avlabari.
Ask an expertOn-site amenities
- Swimming pool
- Gym
- 24/7 secure grounds
- Concierge and reception
- Restaurant
- Children's areas and garden
- 3.3 m ceilings
- Daikin VRF, Geberit, Schüco
FAQ
Questions and answers
Answers to the most common questions.
How much does an apartment in Tbilisi Downtown cost?
According to NEXT as of November 2026, one-bedroom apartments (58–77 m²) start from $161,325, two-bedroom (84.2–116.3 m²) from $252,600 and three-bedroom (127.7–145.3 m²) from $287,325. Price per m² starts from $2,250 without renovation.
Is there an instalment plan?
Yes. 20% down payment, the balance in interest-free instalments over 22 months until completion. We'll send the exact schedule for your chosen apartment via WhatsApp.
When will Tbilisi Downtown be completed?
According to NEXT, Tbilisi Downtown is due for completion in September 2027.
Can a foreigner buy an apartment, and can it be done remotely?
Yes. Foreigners buy property in Georgia on the same terms as citizens. Reservation, contract and payment can all be handled online — we support the deal from choosing the apartment to registering ownership in the Public Registry.
Is buying through an agency expensive?
No. Buying through Tbilicity is at the developer's official price list — with no markup. We select the apartment, check the documents and handle the deal through to registration.
Does buying an apartment give a residence permit in Georgia?
Since 1 March 2026, a Georgian residence permit can be obtained by buying property with a market value of at least $150,000 (assessed by an accredited valuer) — a one-year temporary permit that can be renewed. From $300,000 — a 5-year investment residence permit. At Tbilisi Downtown by Next, even the most affordable units meet this threshold.
Free selection
We'll pick 3–5 new builds for your goal
Tell us your budget and goal — we'll send a selection with developer prices, instalment plans and yield estimates via WhatsApp or Telegram.
See also
Other new buildings in Tbilisi
from $653 455King's Garden
- World Class Lux wellness centre, 1,300 m²
- Pool, spa, sauna, solarium
- Gym with Technogym equipment
from $34 456Palatina by ELT
- 29 floors
- Mtkvari river and city views
- Open-air terrace pool
from $84 555Spanish Quarter by Barceló
- Partnership with Barceló Hotel Group
- Turnkey apartments
- 150-room hotel
from $91 750Tbilisi Oriental by Next
- Lobby and reception
- 24/7 concierge
- Restaurant
from $158 760VR Krtsanisi Villa Residence
- 20-hectare gated quarter
- Outdoor pools and an indoor pool
- Technogym fitness centre and sauna
from $77 969Archi Dighomi 3
- 7,000 m² courtyard
- Playground and two sports grounds
- Commercial units
When you buy a new-build apartment through us
Tbilicity buyer bonuses
No down payment
You can buy an apartment with no down payment — we'll show you the options.
Renovation discount
Renovation by our own crews — at a discount for our buyers.
Special rental terms
Special terms when you rent out the apartment through our rental department.
Free property management
We manage the letting of your apartment — as a gift.
How we work
Buying a new build with Tbilicity — 6 steps
Selection
We clarify your budget and goal — living, renting out or residency — and send 3–5 suitable projects with prices.
Viewing
We show the properties in person or online by video call — you can choose without flying to Georgia.
Reservation
We lock in the unit and price with the developer. Buying through us costs the developer's price, no mark-up.
Contract
We check the developer and documents and guide you through the contract and instalment schedule.
Registration
We register your ownership with the Public Registry — remotely, by power of attorney.
After purchase
Our own renovation crews, a rental department and help with resale — we support you after the deal too.