VR Krtsanisi Villa Residence
A 20-hectare resort-style residential quarter by VR Holding in Krtsanisi, with pools, tennis courts, a restaurant and gated green grounds. Some buildings are already completed; new phases will be delivered from 2027 to 2029.
- A 20-hectare VR Holding resort quarter, with some buildings already completed.
- Apartments from $158,760, including options with a private yard.
- Developer installments: 20% down, balance by completion, or 5–10 years at 8.5%.
About the project
VR Krtsanisi Villa Residence is VR Holding's flagship project: a 20-hectare resort quarter in Krtsanisi, a quiet green district in the south of Tbilisi. Some buildings (22–30) are already completed; buildings 31–35 are due in September 2027, the mixed-use building in December 2028, buildings 36–39 in March 2029 and 40–43 in December 2029.
On sale are two-, three- and four-bedroom apartments, plus studios in the mixed-use building. Area is calculated as living space plus summer space (balconies and terraces), and some apartments have their own green yard. Apartments are delivered in Green Frame.
Inside the quarter are outdoor pools, an indoor pool, a Technogym fitness centre, a sauna, tennis and padel courts and the Marani restaurant with a terrace. The grounds are gated, with walking paths and gardens.
The format suits families who want to live in the city but in a resort setting, and buyers looking for a large apartment in a secure green quarter with ready-made facilities.
Gallery
What VR Krtsanisi Villa Residence will look like
Developer renderings.
Key facts
Key information
The essentials on one screen.
City, district
Tbilisi, Krtsanisi
Prices
from $158 760
Completion
2027–2029 (by phase), some buildings ready
Instalments / mortgage
20% + balance by completion
Residence permit
Yes — from $150,000
Finishing
Green Frame
Developer price list
Prices and purchase terms
Prices from the official VR Holding price list as of November 2026 (VR Holding price list). Through Tbilicity — no mark-up.
| Type | Area | Price from | Per m² |
|---|---|---|---|
| Studio (mixed-use building) | 58.8 m² | $158 760 | from $2 700 |
| 2 bedrooms | 84.2–130 m² | $261 020 | from $2 290 |
| 3 bedrooms | 120.9–132.4 m² | $447 330 | from $3 600 |
| 4 bedrooms | 168.3 m² | $622 710 | from $3 700 |
The price of a specific unit depends on floor, view and finishing — we'll send an exact quote via WhatsApp.
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Investment potential
Tbilisi market figures for 2026:
Price per m², new buildings
A 58.8 m² studio × $10.0 per m² (average Tbilisi rent) ≈ $590 per month, about $7,100 per year. At a price from $158,760 that is:
Gross yield on long-term rental, excluding costs and vacancy. Daily rental works out differently — we'll calculate it on request.
Sources: Geostat (via Georgia Today, 26.10.2026); Galt & Taggart — Tbilisi market reviews 2026; TBC Capital — June and August 2026; VR Holding price list. Forecasts are not a guarantee of returns.
Developer
VR Holding
VR Holding is one of Georgia's first development holdings, founded in 2010.
Krtsanisi Villa Residence is the company's flagship project: a 20-hectare resort quarter where almost twenty buildings have already been completed. The holding's portfolio also includes VR Shekvetili Forest-Beach on the Black Sea coast and the VR Vake Sky Tower high-rise opposite Vake Park.
Location
Krtsanisi: neighbourhood and amenities
Krtsanisi, Tbilisi, Tbilisi
Krtsanisi is a quiet green district in the south of Tbilisi, on the slopes above the Mtkvari. It is home to residences and embassy mansions, with almost no dense high-rise development.
The district is chosen by those who value fresh air, quiet and space, while the city centre is just a few kilometres away. Large quarters with their own infrastructure are rare here, so supply is limited.
Ask an expertOn-site amenities
- 20-hectare gated quarter
- Outdoor pools and an indoor pool
- 45-metre pool with a sandy beach and artificial wave
- Technogym fitness centre and sauna
- Tennis and padel courts
- Marani restaurant with terrace
- Apartments with their own green yard
- Some buildings already completed
FAQ
Questions and answers
Answers to the most common questions.
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 VR Krtsanisi Villa Residence, even the most affordable units meet this threshold.
Is there an installment plan?
Yes. The standard plan is 20% down and 80% in instalments until the phase is completed, with no bank involved. There is also a long-term plan over 5–10 years at 8.5% per year. We'll send an exact schedule for a specific apartment on WhatsApp.
When will it be completed?
Buildings 22–30 are already completed. Buildings 31–35 — September 2027, the mixed-use building — December 2028, buildings 36–39 — March 2029, buildings 40–43 — December 2029.
Can a foreigner buy an apartment, including 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 an apartment to registering ownership.
Is buying through an agency expensive?
No. Buying through Tbilicity is at the developer's official price list — no markup.
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 VR Krtsanisi Villa Residence, 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 $161 325Tbilisi Downtown by Next
- Swimming pool
- Gym
- 24/7 secure grounds
from $91 750Tbilisi Oriental by Next
- Lobby and reception
- 24/7 concierge
- Restaurant
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.