Avlabari by Index is a new venture by Index | Wealth Management, located in the historical district of Tbilisi on Bochorma Street, Avlabari.
• The construction spans 8,000 m², with the building covering 4,000 m² over 20 floors. • Commercial spaces occupy the first two floors • Parking area is situated on the - 3rd floors.
Apartments in the project start from 33 m², and the most units offer captivating views of the city. The project is set for completion in 2026.
• Index | Wealth Management provides customers with tailored payment options, starting with 0% initial deposit and 30-month interest-free installments.
Avlabari by Index is distinguished by its advantageous position, offering panoramic views of Old Tbilisi and close proximity to essential destinations. Acquiring an apartment in this project is a wise choice for both residence and investment purposes.
Metro - 5 min
Public Park - 10 min
Tsinandali Garden - 7 min
Georgian National University SEU - 8 min
Public School - 5 min
Spa & Wellness Center - 8 min
Rike Park - 5 min
Isani Mall - 4 min
Hospital - 2 min
Holy Trinity Cathedral of Tbilisi - 8 min
This prime location ensures easy access to various amenities, making it a highly convenient choice.
▪ Tourism Faces positive recovery trends, in 2023 h1 international tourist trips have been recovered by 91% compared to 2019 h1. Average length of stays is slightly decreasing and getting back to 2019 figures, as non-residents stay patterns is getting to normal.
16.8%
▪ Real estate sales in Tbilisi are steadily increasing. Compared to the pre-Covid period, real estate sales increased by an average of 16.8% in 2023.
22%
▪ As of 2022, in Tbilisi number of registered transactions on residential apartments grew by 22% year over year, mainly driven by the increased demand for medium and premium newly-built flats. In 2023 we see slight a market correction; however overall figures are still high.
86%
▪ In 2022, the demand for newly-built premium apartments almost doubled, while 86% increase was recorded in the case of medium segment. In 2023, demand also continued to increase, but at a more normal and natural rate.
In 2023
▪ The rental price and demand stabilized at a high level compared to the previous year, thereby strengthening the profitability of investing in real estate.