Mira Verde Tbilisi: Tbilisi Hills Homes Guide (2026)

  • From $197,198
Tbilisi Hills, Tbilisi, Georgia
Render of a lit footpath between timber-clad houses at night Render of a stepped multi-storey building with a covered ground floor at sunset Render of a paved plaza with shops and terraces on the lower floors of a low-rise block Render of a low building with a glazed ground floor and a rooftop terrace Render of a flat-roofed low building set into a grassy hillside at sunset Aerial master plan with labelled residential, hotel, wellness and school zones
  • GE-1015
  • Property ID
  • Apartment, Studio
  • Property Type
  • 38 - 74.9
  • sq. m.
For Sale
Mira Verde Tbilisi: Tbilisi Hills Homes Guide (2026)
Tbilisi Hills, Tbilisi, Georgia
  • From $197,198

Description

Mira Verde Tbilisi is the first residential project of the Mira Verde master plan in Tbilisi Hills, a community of 600 apartments, 80 townhouses and 104 villas that the Dubai company Mira Developments plans on the hills above the Georgian capital, with handover of the Trussardi Residences apartments stated by the developer for Q3 2029.

Mira Verde Tbilisi render of low buildings on a hillside above the city

This guide reads the developer’s pages as shown on 8 November 2026: a studio from 38 m² at AED 724,208, a one-bedroom apartment of 74.9 m² at AED 1,342,280 and a staged 60/40 payment plan. It adds sourced context on Tbilisi and on buying in Georgia, and it marks each point where the developer publishes nothing.

Overview of Mira Verde Tbilisi

Mira Developments presents Mira Verde as a master-planned community on the southern slopes of the Trialeti Ridge, and Trussardi Residences as its first residential project. Mira Verde Tbilisi therefore means two things at once: the whole community, which the developer’s community page describes as 784 homes in total (the sum of 600 + 80 + 104 is calculated here, because the developer prints the three numbers separately), and the first apartment project inside it.

The developer states that the apartments are delivered fully furnished with interiors by Trussardi Casa.

The project is off-plan. The developer’s pages invite an expression of interest and give a handover of Q3 2029 for Trussardi Residences, a quarter and not a day. No handover date is published for the townhouses, the villas or the community facilities. The developer does not publish a unit count, a number of floors or a building height for Trussardi Residences, and its master-plan image shows two towers labelled A and B beside an office building.

Prices are limited to two starting figures, one for the studio and one for the one-bedroom apartment. The developer publishes no unit-by-unit price list or availability table on its project pages. No street address or plot number is printed; the pages place the site in Tbilisi Hills in the Krtsanisi area. The developer’s project page also lists rental-return and tax benefits for owners, and the terms of any such benefit are a matter for the sale documents, so this guide does not restate them.

Mira Verde Tbilisi key facts As published by the developer (8 November 2026)
Location Tbilisi Hills, Krtsanisi area, Tbilisi, Georgia; no street address or plot number published
Developer M I R A Developments L.L.C, Dubai (“Mira Developments”)
Project Trussardi Residences, Mira Verde: first residential project in the Mira Verde community; off-plan
Branding Trussardi (Italian fashion house); interiors by Trussardi Casa, as the developer states
Unit types Studio and 1-bedroom apartment; two-bedroom and larger layouts offered on request
Sizes Studio from 38 m²; 1-bedroom 74.9 m² (brochure); no other sizes published
Units Community: 600 apartments, 80 townhouses, 104 villas; unit count for Trussardi Residences not published
Price from Studio AED 724,208 (approx. USD 197,198); 1-bedroom AED 1,342,280 (approx. USD 365,495); AED pegged at 3.6725 per USD
Payment plan 60/40: six instalments of 10% before completion, 40% on completion
Handover Q3 2029, per the developer, for Trussardi Residences
Ownership and tenure Not published for the project; the developer states that foreign buyers can own property in Georgia
Furnishing Fully furnished and move-in ready, per the developer; renders are not the contractual specification

Unit types, sizes and the payment plan

The developer’s project page and microsite list two unit types with a price: a studio and a one-bedroom apartment. The pages print the studio size as a starting value, “from 38 m²”, and the brochure gives 38 m² for the studio and 74.9 m² for the one-bedroom apartment. The brochure prints prices in USD, AED and Georgian lari for each type. This guide uses the AED figures, which the developer’s own project pages also show, and adds USD at the official peg.

Type Size (m²) Starting price (AED) Approx. USD at 3.6725 Source
Studio from 38 724,208 197,198 Brochure p. 21; project page
1-bedroom apartment 74.9 1,342,280 365,495 Brochure p. 21; project page rounds to AED 1.3M
2-bedroom apartment not published not published not published Mentioned in the project text; no size or price
Duplex, 3-bedroom, 4-bedroom penthouse not published not published not published Brochure: custom options on request
Townhouses (80) and villas (104) not published not published not published Community page: counts only
Floor plan diagram of a studio apartment with bathroom, kitchen area and balcony
Floor plan diagram of a one-bedroom apartment with living room, bathroom and balcony

Two-bedroom apartments are mentioned in the text of the developer’s project page, and the brochure says that custom options are available for two-bedroom duplexes, three-bedroom apartments and four-bedroom penthouses. The developer’s community page says that custom layouts, duplexes and penthouses are available on request. No size, price or floor plan is published for any of them, and the floor-plan diagrams for the studio and the one-bedroom apartment carry no dimensions, so this guide does not label them with an area.

The numbers below are calculated from the two published starting figures. A starting price and a starting size may describe different units, so the price per square metre is an arithmetic result and not a rate that the developer publishes.

Mira Verde Tbilisi size and price comparison Studio 1-bedroom 1-bedroom as a multiple of studio
Published size (m²) 38 74.9 1.97
Starting price (AED) 724,208 1,342,280 1.85
Approx. USD at 3.6725 197,198 365,495 1.85
AED per m² (calculated) 19,058 17,921 0.94
USD per m² (calculated) 5,189 4,880 0.94
10% instalment (AED) 72,421 134,228 –
40% on completion (AED) 289,683 536,912 –
60% before completion (AED) 434,525 805,368 –

The one-bedroom apartment is 1.97 times the area of the studio (74.9 divided by 38) and 1.85 times the price (AED 1,342,280 divided by AED 724,208). Because the area grows faster than the price, the calculated rate falls from AED 19,058 per m² for the studio to AED 17,921 per m² for the one-bedroom apartment, a difference of 6.0%. In dollars at the peg the rates are about USD 5,189 and USD 4,880 per m².

Put the other way, the step from the studio to the one-bedroom apartment adds 36.9 m² and AED 618,072 to the starting price, which is AED 16,750 for each added square metre. That marginal figure is lower than either average rate in the table, which is another way of reading the same effect. The result depends on the two starting values being comparable, and the developer does not say whether they describe the smallest layouts of each type.

The developer prints the 60/40 plan as a schedule of seven payments, not two. Ten per cent is paid on booking, a second ten per cent within 30 days at the signing of the pre-sale agreement, then ten per cent at each of four later points, and the final 40% on completion. The table applies the shares to the two starting prices and adds a calendar that assumes a booking in November 2026.

Instalment Share When, as the developer prints it Studio (AED) 1-bedroom (AED) Calendar if booked in November 2026 (calculated)
1 10% On booking 72,421 134,228 On booking
2 10% In 30 days, pre-sale agreement signing 72,421 134,228 Within 30 days: December 2026
3 10% On construction permit, in 6 months 72,421 134,228 About 6 months: May 2027
4 10% 12 months from booking 72,421 134,228 November 2027
5 10% 21 months from booking 72,421 134,228 August 2028
6 10% 32 months from booking 72,421 134,228 July 2029
7 40% Upon completion (Q3 2029) 289,683 536,912 Q3 2029 (July to September 2029)

The first two instalments together are 20% of the price: AED 144,842 for the studio and AED 268,456 for the one-bedroom apartment, both due within about a month of booking. The sixth instalment, 32 months after a November 2026 booking, falls in July 2029, which is the first month of the quarter that the developer gives for completion.

The refundable expression-of-interest deposit is USD 10,000 (AED 36,725 at the peg); the developer’s pages do not state how it is treated in the schedule. The developer also does not state the currency in which instalments are invoiced.

Location of Mira Verde Tbilisi: Tbilisi Hills and the city

Mira Verde Tbilisi sits in Tbilisi Hills, which the developer’s microsite places in Krtsanisi, on the southern slopes of the Trialeti Ridge. The developer says the community is reached by Krtsanisi Street and the Shavnabada Monastery Road, with a planned arterial route from Tabakhmela; it describes that arterial as planned.

Tbilisi City Hall’s English page on the geography of the city is consistent with the setting: it says the capital lies on the Mtkvari (Kura) river at 380 to 600 metres above sea level, bounded to the west and south by endings of the Trialeti Range.

The city hall gives the capital’s area as 720 square kilometres, and its climate page gives an average annual temperature of 12.7 °C, 0.9 °C in January, 24.4 °C in July and about 560 mm of precipitation a year, with snow on 15 to 25 days. Those are city-wide figures from the city hall’s climate page; the developer publishes no separate figures for the hillside site, and the site’s elevation is not published.

Geostat’s release on the population at 1 January 2026 puts Georgia at 3,941.1 thousand people and the city of Tbilisi at 1,369.4 thousand, of whom 1,309 thousand live in urban settlements. The city therefore holds about 34.7% of the national population (1,369.4 divided by 3,941.1, calculated). The Geostat population release notes that the figures rest on the 2024 census and the 2025 population movement.

The developer’s distances are travel times in minutes. It prints no kilometres and does not say which mode of transport the minutes assume, so this guide does not convert them and does not label any of them as a straight-line or a driving distance.

The same four values appear on the developer’s community page, its project page, the microsite and the brochure: 10 minutes to the city centre, 14 minutes to the Old Town and Narikala Fortress, 20 minutes to Tbilisi International Airport and 35 minutes to Kumisi Lake.

Nearby places and distances for Mira Verde Tbilisi What it is Distance as published Basis Source
Tbilisi city centre Central districts of the capital 10 minutes Travel time per the developer; mode not stated Developer community page
Old Town and Narikala Fortress Historic quarter and hilltop fortress 14 minutes Travel time per the developer; mode not stated Project microsite
Tbilisi International Airport The city’s airport 20 minutes Travel time per the developer; mode not stated Brochure p. 4
Kumisi Lake Lake outside the city 35 minutes Travel time per the developer; mode not stated Developer project page
Lisi Lake, Shavnabada Monastery, Tbilisi National Park trails Natural and heritage sites the microsite calls close not published No figure given Project microsite
Tbilisi Hills Golf & Residences A separate, earlier community in Krtsanisi not published Relationship to Mira Verde not stated CBW
Render of stepped low-rise buildings among trees on a hillside at sunset

Geostat’s quarterly Residential Property Price Index gives some official context for the district. In the release dated 23 October 2026 the index of new-build residential property in Tbilisi stood 5.9% above the third quarter of 2025, with flats up 5.6%, measured in lari from advertised prices. In the same release’s chart of median offer prices for new-build flats, Krtsanisi is the third of ten districts.

These are citywide and district offer-price figures from the Geostat release; they say nothing about the price at which any unit of the project will resell, and the Tbilisi price guide on this site sets them out district by district.

For travel context, Geostat reports that international non-resident travellers made 7.8 million arrivals in Georgia in 2025, 5.9% more than in 2024, and that 5.5 million visits by international visitors were tourist-type visits that included an overnight stay. The definitions are in the Geostat inbound tourism release. The developer’s pages also quote tourism and growth figures; this guide uses the Geostat release instead.

One neighbour needs a neutral note. Tbilisi Hills Golf & Residences is described by the banking news site CBW as a complex on 331 hectares in the Krtsanisi district with more than 350 villas, more than 70 townhouses and up to 800 apartments, and Golf Course Architecture reported in 2018 that Georgia’s first 18-hole course had opened there.

The developer’s microsite says that “an adjacent international-standard golf course forms part of the wider area”; its launch article says the launch evening was held on a golf course close to the future development. The developer’s pages do not state who owns or operates the course. The CBW report and the Golf Course Architecture report describe the existing community and course, not Mira Verde.

The other Georgian listings on this site are on the Black Sea coast, so the Georgia country page is the nearest existing context, and the Georgia market guide covers the national market. No map pin is published here, because the developer’s pages give no street address.

Master plan, amenities and the Trussardi Residences partnership

The developer describes the Mira Verde master plan as low-rise architecture with planted roofs, pedestrian routes, green corridors and gently terraced terrain, and its community page uses the phrase “15-minute city”. The community is described as a multi-branded project, with Trussardi as the only brand named so far for Mira Verde; the page says that further brand partnerships are to be announced. The developer calls it Georgia’s first branded master-planned community, a description that is the developer’s own and is attributed here for that reason.

The mix of homes is 600 branded apartments, 80 townhouses and 104 villas. In shares of the 784 total, calculated here, that is 76.5% apartments, 10.2% townhouses and 13.3% villas. The brochure’s master-plan page labels two clusters of townhouses and apartments, Trussardi Residences Tower A and Tower B, a Trussardi office building, three blocks of branded residential apartments, a hotel with a medical centre, a longevity and spa centre, and a cluster for a kindergarten, school and university.

Component What the developer states Delivery date published? Source
Trussardi Residences (apartments) Studios and 1-bedroom apartments; Tower A and Tower B on the master plan; fully furnished Yes: Q3 2029 Project page
Other branded apartment blocks Three blocks labelled branded residential apartments, not named No Brochure p. 5
Townhouses and villas 80 townhouses, 104 villas; no size, price or timeline No Community page
Golf course 18-hole course, called international-standard; microsite calls it adjacent and part of the wider area No Microsite
Hotel and medical centre Five-star hotel and medical centre on the master plan No Brochure p. 5
Wellness facility About 6,000 m², described as a medical, longevity or wellness centre No mira-verde.com
School, kindergarten, university European school, kindergarten and an AI-focused university No Community page
Retail, cafes, offices Shops, supermarket, pharmacy, cafes, restaurants and office space No Microsite
Services Concierge, housekeeping, on-call maintenance, security and rental management No mira-verde.com
Aerial master plan with labelled residential, hotel, wellness and school zones
Render of a stepped multi-storey building with a covered ground floor at sunset

None of the community facilities has a published delivery date. The developer’s pages describe them in the present tense as parts of the community, and this guide reads them as planned elements of the master plan, because the project is off-plan and no facility has a stated date.

The developer describes the 6,000 m² wellness facility as a medical centre on the project microsite and as a longevity centre on the community microsite, and the brochure’s master-plan page labels both a longevity and spa centre and a hotel with a medical centre. The university appears as an AI University on the project pages and as an architecture- and AI-focused university in the brochure. The developer publishes no operator for the hotel, the school or the university.

Trussardi Residences is the part of the plan with the most detail. The developer states that the apartments are fully furnished by Trussardi Casa with Italian-made interior pieces, integrated white goods, kitchen appliances and complete kitchenware, so that a home is move-in ready at handover. The brochure describes the Trussardi Casa collection as understated in style, with balanced proportions and clean modern forms. The developer says Trussardi Residences brings Milanese residential design to Georgia for the first time.

Two service programmes are printed. Mira Care is a five-year maintenance programme after handover covering essential building systems, structural elements and interior finishes; the project page adds lighting and paintwork. The branded loose furniture carries a three-year warranty. The terms, fees and operator of these programmes are not published, and renders on the pages are not the contractual specification.

The Trussardi partnership is described by the developer as a collaboration and as a branded-residence structure. The developer’s pages do not publish the licence term, the fees, who operates the brand or whether Trussardi invests in the project. Separate Trussardi Residences projects in Dubai appear on the developer’s site with their own dates and are not part of the Georgian project.

The developer’s article on its broker retreat in Tbilisi lists hotel-style services for residents: housekeeping, concierge, valet parking, in-room dining and round-the-clock security, with short-term and long-term rental management. The brochure adds fitness facilities with Technogym equipment, jogging tracks and outdoor sports courts among the community amenities. Whether these services and facilities are open to every owner, included in the service charge, charged separately or run by third-party operators is not stated, and no operator or fee schedule is published.

The community’s access is also part of the plan. The microsite names Krtsanisi Street and the Shavnabada Monastery Road as the current approaches and a planned arterial from Tabakhmela as a future one, with no date.

For a buyer of a Trussardi Residences apartment, the practical points are the tower, the finish package and the service model. The master plan shows two towers, A and B, and the developer publishes no floor count, so floor, view and orientation depend on the unit allocated.

The plan places the school cluster, the wellness area and the hotel as separate zones, and the developer gives no walking distances between them and the towers; distances inside the community are not published. The checklist below sets out the master-plan points that a buyer can ask to have stated in writing before reserving.

  1. The handover date for the specific tower and block, and the consequence of a delay, in the sale agreement.
  2. The unit’s size, floor, orientation and layout, stated in square metres, instead of a starting size.
  3. The furnishing schedule: items, brands and finishes that make up the Trussardi Casa package.
  4. The terms, start date and cost, if any, of the five-year Mira Care programme and the furniture warranty.
  5. Which community facilities are covered by the sale agreement, and whether any has a delivery date or an operator.
  6. The service-charge schedule for the building and the community, and who sets it.
  7. The status of the construction permit and of the planned Tabakhmela arterial road.
  8. The registered land and building data for the unit in the Public Registry once it is available.

Buying in Georgia in brief

The Civil Code of Georgia sets the basic rule in Article 183: to acquire immovable property the transaction must be made in writing and the acquirer’s ownership right must be registered in the Public Registry. Article 311-1 adds that the transaction or the signatures of the parties are authenticated as the law lays down, and that no separate authentication is needed when the parties sign in the registration authority in front of an authorised person.

The registry is kept by the National Agency of Public Registry, known as NAPR.

For a foreign buyer of an apartment the ownership question is short. The Organic Law on Agricultural Land Ownership, in its Article 4, limits ownership of agricultural land to Georgian citizens, public bodies and certain Georgian entities, and an apartment is not agricultural land. The developer states that foreign buyers can own property in Georgia.

For the 80 townhouses and 104 villas the developer publishes no land category, so the land status of those homes is a separate question; the guide on whether foreigners can buy property in Georgia gives the general position.

NAPR’s fee page lists the registration of a change in the right to immovable property at GEL 150 for a four-working-day service, GEL 270 for one working day and GEL 350 on the day of filing. At the NBG rate of USD 1 = GEL 2.5949 valid from 7 November 2026, GEL 150 is about USD 58.

Confirmation of the parties’ signatures at NAPR costs GEL 7, and a Public Registry extract costs GEL 20 for one working day, plus GEL 26 if it is requested in English, according to the informational services fee page.

NAPR also offers an online route: its smart-contract service states that immovable property rights can be registered online, with a virtual meeting booked in advance.

A buyer who signs from abroad usually needs foreign documents recognised in Georgia, and Georgia is a party to the Hague Apostille Convention, in force for it since 14 May 2007 according to the HCCH status table. The guides on buying from abroad and on how to buy property in Georgia walk through the order of steps in more detail.

Step Who Typical time Source
Expression of interest and booking Buyer and developer Booking is the first 10% instalment; the expression-of-interest deposit is USD 10,000 and refundable, per the developer Developer project page
Pre-sale agreement Buyer and developer Within 30 days of booking, per the developer’s schedule Developer project page
Public Registry extract for the plot Buyer, NAPR 1 working day, GEL 20 (online GEL 13); GEL 26 extra for English NAPR fees
Authentication of signatures Notary or NAPR registration authority Immediately at NAPR, GEL 7 NAPR fees; Civil Code
Stage payments during construction Buyer About month 6, 12, 21 and 32 from booking, per the developer Developer project page
Registration of the right NAPR 4 working days GEL 150; 1 working day GEL 270; same day GEL 350 NAPR fees
Completion and handover Developer Q3 2029, per the developer Developer project page
Residence-permit application, if wanted Public Service Development Agency 30th, 20th or 10th calendar day: GEL 300, 450 or 600 sda.gov.ge

Taxes, residence and financing for a foreign buyer

Georgian taxes on an individual owner come from the Tax Code, whose English text is on matsne.gov.ge. Property tax is a local tax on real estate owned by a natural person.

Article 202(5) sets the rate at not less than 0.8% and not more than 1% of the market value at the end of the previous year, and Article 206(1)(a) exempts the property of a person whose family income in the previous year did not exceed GEL 100,000, which is about USD 38,537 at GEL 2.5949 per USD. The return is due by 1 November, and the Revenue Service publishes a property tax page for filers.

Article 201 names unfinished construction among the taxable real estate of a natural person. When a buyer under an instalment contract counts as the owner for this purpose is a question for the contract and the Public Registry record, not for the developer’s marketing pages. Rental income and a later sale have their own rules, set out in the table, and a person’s own circumstances decide which applies.

For residence, the Law on the Legal Status of Aliens and Stateless Persons and the Public Service Development Agency page describe two property routes. A short-term residence permit goes to an alien who owns immovable property, other than agricultural land, with a market value exceeding USD 150,000 equivalent in GEL, as established by a certified assessor. An investment residence permit requires property exceeding USD 300,000 equivalent.

At the peg, the studio’s starting price of about USD 197,198 is above the first figure and below the second, and the one-bedroom starting price of about USD 365,495 is above both. The permit test uses the assessor’s market value, which can differ from a contract price; the residence-permit guide gives the current process.

On financing, the developer publishes no mortgage arrangement for the project. The National Bank of Georgia sets loan-to-value limits of 90% for lari loans and 70% for foreign-currency loans, and payment-to-income limits that depend on income and currency, on its PTI and LTV page. Whether a bank lends to a non-resident against an unfinished unit is that bank’s policy; the mortgage guide covers the practice.

Item Rule Source URL
Property tax, individual 0.8% to 1% of market value; exempt if the previous year’s family income did not exceed GEL 100,000 (about USD 38,537); return by 1 November; pro rata for part-year ownership Tax Code arts. 202(5), 202(9), 205(12), 206(1)(a): matsne.gov.ge/en/document/view/1043717
Income from residential rent 5% of rent if the individual makes no deductions; otherwise the general 20% rate Tax Code art. 81(1)-(2): matsne.gov.ge/en/document/view/1043717
Sale of an apartment by an individual Surplus taxed at 5% (art. 81(3)); surplus on a residential apartment or house with its land owned for more than two years is exempt (art. 82(1)(f.a)) matsne.gov.ge/en/document/view/1043717
Short-term residence permit Property other than agricultural land with market value exceeding USD 150,000 equivalent in GEL (about GEL 389,235), set by an accredited assessor; fee GEL 300, 450 or 600 by processing time sda.gov.ge/en/products/migration-residence-permits; Law on the Legal Status of Aliens
Investment residence permit Property other than agricultural land with market value exceeding USD 300,000 equivalent in GEL matsne.gov.ge/en/document/view/2278806
Agricultural land Not open to foreign ownership under the organic law; apartments are not agricultural land matsne.gov.ge/en/document/view/4596123
Mortgage limits Loan-to-value 90% (lari) and 70% (foreign currency); payment-to-income limits by income band nbg.gov.ge/en/page/pti-and-ltv-requirements
Exchange rate used USD 1 = GEL 2.5949, official rate valid from 7 November 2026 nbg.gov.ge/en/monetary-policy/currency

What to prepare when reserving

The developer’s schedule and the registry rules point to the same set of documents, and a buyer can have them ready before the first instalment.

  1. The reservation or expression-of-interest form, with a passport copy and the know-your-customer documents the developer lists.
  2. The sale agreement, stating the unit, its area, the handover date and the consequence of a delay.
  3. The payment schedule with amounts, dates and the currency in which each instalment is invoiced.
  4. A Public Registry extract for the land plot and, once registered, for the unit.
  5. Escrow or payment-account details, in writing, for every instalment.
  6. The service-charge schedule and the terms of the five-year Mira Care programme.
  7. The furnishing and finishing specification that the contract refers to.
  8. For a buyer signing from abroad, a power of attorney or other foreign document with an apostille.

How Mira Verde Tbilisi compares with the other Georgian listings

Mira Verde Tbilisi is the only Tbilisi project among the Georgian listings on this site. The other twelve listings sit in Batumi or on the Gonio coast south of it, and the table lists all thirteen with the information each page publishes. The columns do not share one basis: some prices are dollar totals, one is a dollar rate per square metre, one is in euros and one is in dirhams, and several pages cite portals for status and dates.

Project City Developer Status and delivery Unit types Published starting price
Trussardi Residences, Mira Verde (this page) Tbilisi Mira Developments Off-plan; Q3 2029 per the developer Studio, 1-bedroom AED 724,208 (approx. USD 197,198)
Delux Horizon Batumi Horizons Group 37-storey tower; completion position not stated on the listing Apartments From USD 65,000
Horizon Grand Residence Batumi Horizon Batumi Under construction; Block A Q1 2028, Block B Q1 2029 per the Korter portal, 25 October 2026 Studio, 1-bedroom, 2-bedroom suites Developer prints none; Korter lists from USD 51,471
Horizon Elegance Batumi Not named on the listing Listing states delivered and operating since 2020 Apartments, 31 to 59.5 m² USD 62,000
Novotel Living Batumi Mardi Holding with Accor Described in the future tense; 319 apartments Hotel-operated apartments, 28.1 to 79.4 m² Price on request
Mardi Hills Batumi Mardi Holding Completion year on file 2025 Apartments, 26.95 to 112.21 m² From USD 45,276
Mardi City Center Batumi Mardi Holding Under construction; Q4 2028 per Korter, 26 October 2026 Apartments in three 20-floor blocks Developer prints none; Korter lists a turnkey 1-bedroom from USD 86,100
Mardi Aquapark Batumi Mardi Holding Completion Q4 2028 per the developer Hotel-operated apartments Developer prices from EUR 72,000
Mardi Stadium Batumi Mardi Holding Completion position not stated on the listing Apartments; no floor area on the listing From USD 83,000
Wyndham Gonio Family Club Gonio, Batumi European Village LLC Two blocks; works reported to December 2025; no delivery date shown Hotel units from 37.3 m² Developer rate from EUR 9,080 per m²
Wyndham Gonio Aqua Gonio, Batumi Wyndham-branded Gonio complex Completion year on file 2025 Apartments from 31.2 m² Rate from USD 4,313 per m²
Wyndham Gonio Rivera Gonio, Batumi Wyndham-branded Gonio complex Completion position not stated on the listing Apartments From USD 185,000
Wyndham Gonio Villas Gonio, Batumi Wyndham-branded Gonio complex Completion position not stated on the listing Villas and townhouses From USD 250,000

Read on their own bases, the figures do not rank the projects. The dollar totals shown on the listings run from USD 45,276 to USD 250,000, and the studio’s starting price of about USD 197,198 falls between the Rivera and Villas figures. That comparison mixes a developer’s AED price with prices that the listings take from several sources and dates, so it shows scale only.

Mira Verde also differs in being in the capital, off-plan with a stated Q3 2029 handover, and sold furnished, while the Batumi and Gonio pages describe a mix of completed and unfinished buildings.

For market context, the Tbilisi real estate prices guide covers prices by district, and the Georgia real estate market guide covers the national picture. The off-plan guide explains how staged payments work in Georgia, written around Batumi but based on the same law, and the Batumi city page lists the coastal projects.

Mira Developments

The developer’s legal name, as printed on its pages, is M I R A Developments L.L.C, and it presents itself as Mira Developments, based in Dubai. Its About page states that the company was founded in Dubai in 2023. The developer’s article on its Georgian launch names Timur Mamaikhanov as Co-Founder and Chief Executive Officer and Tamara Getigezheva as Co-Founder.

The same launch article lists the markets of its earlier projects as the UAE, Switzerland, Oman and Uzbekistan and calls Georgia its next destination; Mira Verde is the project through which it entered the Georgian market. The microsite lists brand partners across its portfolio, among them Bentley Home, ETRO Home, ELIE SAAB, Jacob & Co., Trussardi, John Richmond and Gianfranco Ferre Home.

The developer describes its approach as fully furnished residences with hotel-level services in each market, adapted to the location. The pages name no Georgian project company or land-holding entity for Mira Verde; the sale documents name the contracting party. Its other branded projects, such as Trussardi Residences in Dubai, are separate developments with their own schedules.

The developer’s website carries a Dubai trade licence number and a tax registration number in its footer; the pages do not name the issuing authority. No contact details of the developer are reproduced here.

Frequently asked questions

What is Mira Verde Tbilisi?

Mira Verde Tbilisi is the first residential project of the Mira Verde master plan in Tbilisi Hills, called Trussardi Residences, by Mira Developments of Dubai. The developer lists studios and one-bedroom apartments, delivered fully furnished with interiors by Trussardi Casa, inside a community of 600 apartments, 80 townhouses and 104 villas. The apartments are off-plan with handover stated for Q3 2029. The townhouses, villas and community facilities have no published dates, sizes or prices.

Where is the project and how far is the city centre?

The developer places the project in Tbilisi Hills in the Krtsanisi area, on the southern slopes of the Trialeti Ridge, and prints no street address. It gives travel times of 10 minutes to the city centre, 14 minutes to the Old Town and Narikala Fortress, 20 minutes to the airport and 35 minutes to Kumisi Lake. The times are in minutes only; the developer does not state the mode of transport or give kilometres.

What prices does the developer publish for Mira Verde Tbilisi?

Two starting prices. The studio starts at AED 724,208, about USD 197,198 at the peg of 3.6725, and the one-bedroom apartment of 74.9 m² starts at AED 1,342,280, about USD 365,495. The studio size is given as from 38 m². No unit-by-unit price list, availability table or price for two-bedroom, townhouse or villa homes is published. Prices on the pages are starting values and can differ from a contract price.

When is the handover?

For Trussardi Residences the developer states Q3 2029, which is July to September 2029, and prints a quarter and not a day. The payment plan ends with 40% on completion. No handover date is published for the townhouses, the villas or the community facilities such as the golf course, hotel, school and wellness centre. The sale agreement is the document where a handover date and the consequence of a delay would be set.

How does the 60/40 payment plan work?

It is a schedule of seven payments. Ten per cent is due on booking and ten per cent within 30 days at the pre-sale agreement, followed by 10% at the construction permit about six months in, and at 12, 21 and 32 months from booking. The final 40% is due on completion. On the studio’s starting price, each 10% instalment is AED 72,421. The developer does not state the currency in which instalments are invoiced.

Can a foreigner buy an apartment in Tbilisi?

Yes, as far as the sources read here show. The Civil Code requires a written transaction and registration of the right in the Public Registry, and the Organic Law on Agricultural Land Ownership restricts agricultural land, which an apartment is not. The developer’s pages say the same of foreign buyers. The guide on foreign ownership gives more detail, and the sale agreement states the exact title terms for the unit.

Does an apartment at Mira Verde Tbilisi qualify for a residence permit?

Georgian law grants a short-term residence permit to an owner of property other than agricultural land with a market value exceeding USD 150,000 equivalent, set by an accredited assessor, and an investment permit above USD 300,000. At the peg the studio’s starting price, about USD 197,198, is above the first threshold and below the second; the one-bedroom starting price is above both. The assessor’s valuation, not the contract price, is the test.

Which taxes can a foreign owner face?

The Tax Code lists property tax of 0.8% to 1% of market value, due only where the previous year’s family income exceeded GEL 100,000, and a 5% rate on residential rent when the individual claims no deductions. A sale surplus is taxed at 5%, and the surplus on an apartment owned for more than two years is exempt. These are rules for individuals; personal circumstances and the tax residence of the owner change the result.

How is ownership registered and what does it cost?

The buyer and developer sign a written contract, with signatures authenticated by a notary or at the National Agency of Public Registry, and the agency registers the right. NAPR lists GEL 150 for a four-working-day registration, GEL 270 for one working day and GEL 350 for the same day, plus GEL 7 for signature confirmation. At GEL 2.5949 per USD, GEL 150 is about USD 58. Notary or other professional fees are separate.

Are the golf course, hotel, school and wellness centre built?

The developer’s pages publish no delivery date for any of them and describe them as parts of the Mira Verde community. This guide reads them as planned elements. The microsite calls the golf course adjacent and part of the wider area, and the developer’s launch article says the launch evening was held on a golf course close to the future development. The pages do not say who operates the course or the other facilities.

Sources and last check

Last checked: 8 November 2026. Sources:

This is not legal, tax or financial advice.

  • City Tbilisi
  • Country Georgia

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Zhamal Abdykozhoeva
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Zhamal Abdykozhoeva
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