Archi Panorama Tbilisi is a 13-storey residential building that the developer Archi is constructing in the Vashlijvari part of Saburtalo District in Tbilisi, and the developer’s website showed construction progress of 33 percent on 12 November 2026, with the latest monthly log entry dated 13 October 2026.

This guide to Archi Panorama Tbilisi reads the developer’s project page as it stood on 12 November 2026 and sets beside it the figures that Korter and a Realting listing print for address, unit total, price and handover. The developer’s page prints no price, no handover date and no payment plan, and the third-party figures do not always agree with it, so the guide shows each figure with its source and date and does not choose between them.
It then adds sourced background on the district and on buying, taxes and residence in Georgia.
The developer’s project page is titled Archi Panorama. It places the building on Marshal Gelovani Avenue in Saburtalo District, near Agrohub, and calls the surroundings a quiet and green area. The building has 13 floors, a closed parking lot, a generator and a water reservoir, and the page lists a lobby, a square and a children’s playground among its infrastructure icons. Its materials list names Ytong block, low-emission glass, Heidelberg concrete, Caparol paint and HPL panels.

Korter, a listing site, gives the same building the name Archi Panorama, adds that it is also called Archi Vashlijvari, and prints Brotseuli Street 5/1 as the address. The Realting listing is titled Archi Vashlijvari and places it on Brotseuli Street. The street difference is the first of several that section 2 sets out side by side.
What the developer’s page does not print matters as much for a buyer: a price, a handover date, a payment plan, the finish level, the number of units by type, the architect and any permit. The public flats service behind the page lists 86 flats, all of them 2-, 3- or 4-room, and none is flagged sold or booked. Korter prints a single starting figure of USD 1,240 per m², dated 26 October 2026, and marks each layout as price upon request.
Every figure in the table below carries its source. Where the developer is the source the guide writes per the developer, and the page was read on 12 November 2026. Everything else is a third-party indication and is labelled with its own date.
| Archi Panorama Tbilisi: key facts | As published (developer page, 12 November 2026, unless stated) |
|---|---|
| Location | Saburtalo District, Marshal Gelovani Avenue, near Agrohub, Tbilisi (developer); Brotseuli Street 5/1, Vashlijvari (Korter, Realting) |
| Developer | Archi (archi.ge) |
| Status | Ongoing; progress 33 percent; latest log entry 13 October 2026 (developer) |
| Building | One 13-storey residential building; construction technology “monolithic-frame” (Korter) |
| Apartments in total | 231 in the main text and 208 in the infrastructure text, both on archi.ge; 208 on Korter and Realting |
| Flats listed on archi.ge | 86: 33 two-room, 46 three-room, 7 four-room; floors 1 to 13 |
| Listed sizes | 50.1 to 95.9 m² in the flats list; archi.ge filter range 46.9 to 118.7 m²; Korter 50.4 to 116.2 m² |
| Price | Not published by the developer; Korter: from USD 1,240 per m² (26 October 2026), unit prices on request |
| Handover | Not published by the developer; Korter: Q2 2027; Realting: 2028 (listing updated 31 July 2024) |
| Payment plan | Not published by the developer; Korter mentions a TBC Bank mortgage and instalment plans without terms |
| Finish | Not defined on archi.ge; Korter: partial finishing |
| Parking | Closed parking lot per the developer; parking map shows 73 spaces on levels -2, -1 and 0 |
| Operator or brand | None stated; the developer brand is Archi |
The public record on Archi Panorama Tbilisi comes from the developer and from two third parties, and the three do not describe the building in the same way. The first table below lines them up row by row. Every cell carries a value, its source and a date, and the guide leaves the choice between them to the reader. The developer’s page is quoted as per the developer (archi.ge, checked 12 November 2026); every other value is per the named site on the date shown.


| Archi Panorama Tbilisi: what each source prints | Per the developer (archi.ge, 12 Nov 2026) | Korter (page read 12 Nov 2026, prices 26 Oct 2026) | Realting (listing updated 31 Jul 2024) |
|---|---|---|---|
| Name | Archi Panorama | Archi Panorama, also called Archi Vashlijvari | Archi Vashlijvari |
| Street | Marshal Gelovani Avenue, near Agrohub | Brotseuli St, 5/1 | Brotseuli Street |
| Floors | 13 | 13 | 13 |
| Apartments | 231 (main text) and 208 (infrastructure text) | 208 | 208 |
| Handover | Not printed | Q2 2027 | 2028 (year of construction) |
| Price | Not printed (every flat price 0) | From USD 1,240 per m²; layouts price upon request | Header “Price on request”; one 1-room 56.0 m² flat at USD 115,000, which is USD 2,054 per m² |
| 2-room sizes | 50.1 to 92.0 m² (33 flats) | 51.3 to 55.1 m² | Not listed |
| 3-room sizes | 55.0 to 91.7 m² (46 flats) | 55.7 to 80.6 m² | Not listed |
| 4-room sizes | 95.4 to 95.9 m² (7 flats) | 95.5 m² | Not listed |
| All apartments | 46.9 to 118.7 m² (filter range) | 50.4 to 116.2 m² | Not listed |
| Walk or ride to Agrohub | “5-minute walk” in English; “5 minutes” in Georgian; “5 minutes by ride” in Russian | Not mentioned | Not mentioned |
| Metro | Not mentioned | Metro, bus terminal and Didube railway station within a 30-minute walk | Didube, about 1,000 m |
| Finish | Not defined; the share text mentions a frame type without defining it | Partial finishing | Not stated |
| Cadastral number | Not printed | 01.10.11.001.462 | Not printed |
Three of these differences carry practical weight. The first is the address: Marshal Gelovani Avenue and Brotseuli Street are different street names, and the developer’s own image folder is named for Vashlijvari, the neighbourhood that Korter uses. A Public Registry extract for the plot, matched to the cadastral number in the contract, is the document that settles which description applies to the unit being bought; the guide does not settle it.
The second is the apartment total. The developer’s page gives 231 apartments in its description and 208 in its infrastructure text, and the same split appears in the English, Russian and Georgian versions. Korter and Realting print 208. The guide keeps both developer figures because the page prints both. Neither agrees with the 86 flats currently listed, which is a count of what the public flats service shows, not a project total.
The third is the one-line distance claim. The English page says the building is a five-minute walk from the Agrohub hypermarket, the Russian page says five minutes by ride, and the Georgian page says five minutes without a mode. The guide could not match the hypermarket branch to a street address from public pages, so it does not convert the claim into a distance.
| Count printed | Number | Source and date |
|---|---|---|
| Apartments in the description | 231 | archi.ge, English, Russian and Georgian text, 12 Nov 2026 |
| Apartments in the infrastructure text | 208 | archi.ge, English, Russian and Georgian text, 12 Nov 2026 |
| Apartments in the characteristics table | 208 | Korter, 12 Nov 2026 |
| Units in the description | 208 | Realting, listing updated 31 Jul 2024 |
| Flats shown in the public flats service | 86 (sum of listed sizes 6,038.6 m²) | archi.ge flats service, 12 Nov 2026 |
| Listings for sale | 14 | Korter, 12 Nov 2026 |
| Parking spaces on the parking map | 73, of which 16 flagged sold | archi.ge parking service, 12 Nov 2026 |
Dividing the listed flats by the two developer totals gives 86 of 208, or 41.3 percent, and 86 of 231, or 37.2 percent. These are calculated from the printed counts. The page does not say whether the remaining apartments are sold, reserved, held back or not yet released, so the shares describe the list and not the sales position.
The archi.ge flats service is the only first-hand unit list for the building. It gives, for each flat, a number, a floor, a room count, a total area and a split of the total into what it labels living area and summer area. The figures below are from the service as read on 12 November 2026. The page counts rooms and does not print bedroom or bathroom numbers, so the guide uses the developer’s room counts and no bedroom counts.

| Room count (archi.ge flats list) | Flats | Total area, m² | Mean total, m² | Floors |
|---|---|---|---|---|
| 2-room | 33 | 50.1 to 92.0 | 55.1 | 1 to 11 |
| 3-room | 46 | 55.0 to 91.7 | 77.2 | 1 to 13 |
| 4-room | 7 | 95.4 to 95.9 | 95.7 | 1 to 7 |
| All listed flats | 86 | 50.1 to 95.9 | 70.2 | 1 to 13 |
The 2-room group is tightly clustered: 32 of its 33 flats lie between 50.1 and 56.2 m², and one flat, number 131 on floor 8, is typed as 2-room at 92.0 m². Korter’s 2-room range stops at 55.1 m², so that single flat is the main reason the two sources differ.
That flat’s split of 57.1 m² living area and 34.9 m² summer area is close to the split of the 3-room flats of about 91 m², which suggests how it may have been typed, but the page does not explain it and the guide does not rely on the guess.
The 3-room group is the widest. Its 46 flats fall into several repeated sizes, from 55.0 m² (one flat) through the 66 to 67 m², 72 to 73 m², 78 to 82 m² and 90 to 92 m² clusters. Korter’s 3-room range of 55.7 to 80.6 m² therefore overlaps the 66 to 67 m² and 72 to 73 m² clusters and part of the 78 to 82 m² cluster, and leaves out the 90 to 92 m² flats that the developer’s list shows.
The 4-room flats are all one size within 0.5 m², between 95.4 and 95.9 m².
The developer’s filter range runs from 46.9 to 118.7 m² and Korter’s overall range from 50.4 to 116.2 m². Both extend beyond the listed 50.1 to 95.9 m². The page does not say which units account for the difference, so the guide records the three ranges and does not infer a fifth room type or a penthouse.
| Room count | Mean living area, m² | Mean summer area, m² | Summer area as share of total | Living area as share of total |
|---|---|---|---|---|
| 2-room | 42.3 | 12.7 | 23.1 percent | 76.9 percent |
| 3-room | 56.1 | 21.0 | 27.3 percent | 72.7 percent |
| 4-room | 74.9 | 20.9 | 21.8 percent | 78.2 percent |
The second table is calculated from the developer’s own split, summing each group’s areas and dividing. Living area and summer area add up to the total area in every flat checked. The term summer area is the developer’s label, and the page does not define it; the Korter text refers to open balconies, which suggests where to look, but whether the contract price per m² applies to the total or only to the living area is a question to put to the developer in writing.
Two readings of the table are possible without any claim about quality. The 3-room flats carry the largest share of non-living area, 27.3 percent, and the 4-room flats the smallest, 21.8 percent. If a price per m² applies to the total area, the share of summer area changes what a buyer pays for each square metre of living space; if it applies to something else, the contract states so. Section 5 shows that arithmetic with the only per-m² figures in the public record.
For this building the most detailed first-hand material is not a price list, since none exists, but the construction log and the floor-by-floor list. The log has 16 entries between March 2025 and 13 October 2026. The table gives each entry’s stamped date and what the developer’s text says, in the developer’s order. The dates are stamped in UTC; an entry stamped at 20:00 UTC falls on the next calendar day in Tbilisi, which is four hours ahead.

| Log date (UTC) | What the developer’s entry states |
|---|---|
| 9 Mar 2025 | Foundation preparation work in progress |
| 20 Apr 2025 | Pit works completed; installation of “chimneys” completed (the log’s wording) |
| 5 Jun 2025 | Concreting of the upper part of the pile foundation structure completed |
| 30 Sep 2025 | Foundation piles, pumps and lower foundation walls installed; drainage installed; monolithic works for the elevator-shaft foundation in progress |
| 31 Oct 2025 | Foundation slab concreting in progress |
| 30 Nov 2025 | Entry with a photograph and no text |
| 8 Jan 2026 | Foundation works completed; walls of the parking level -2 completed; floor slab on the “2nd floor” completed; columns on level -1 in progress |
| 10 Feb 2026 | Foundation completed; level -2 walls and slab completed; level -1 columns completed; slab placement and pile pitching in progress |
| 6 Mar 2026 | Foundation concrete, pile positioning and a floor slab completed; walls and columns nearly complete; cast-in-situ walls, backfilling, pile extension and slab placement in progress |
| 3 Apr 2026 | Monolithic walls and foundation completed; backfilling, pile extension and slab placement in progress |
| 10 May 2026 | Foundation and floor slab placing completed; column erection and slab placement in progress |
| 15 Jun 2026 | Column erection and slab laying completed; next slab laying in progress |
| 14 Jul 2026 | Slab laying completed; column erection nearing completion and in progress |
| 7 Aug 2026 | Column erection and slab laying completed; column erection in progress |
| 8 Sep 2026 | Column erection and slab laying completed; column erection in progress |
| 13 Oct 2026 | Column erection and floor slab laying completed; floor slab laying in progress |
Read in order, the entries describe a sequence: foundation and piles through 2025, the parking levels in the first quarter of 2026, and repeated column and slab cycles from May to October 2026. The entries from June to October use near-identical wording and name no floor, with the exception of the parking levels in January and February 2026, so the log cannot be turned into a count of storeys built. It also does not say what the 33 percent figure measures.
The page’s progress indicator and the log are the only two first-hand status signals, and they agree on the direction. The gap between them and the third-party handover dates is the useful one to know about: Korter prints Q2 2027 for delivery and Realting 2028, and the developer prints neither, so a buyer comparing the log with a date has to ask the developer how percent complete maps to the contract date.
The 86 listed flats are concentrated on the lower floors. Floors 1 to 4 hold 54 of them, or 62.8 percent, while floors 9 to 13 hold 11. Every 4-room flat is on floors 1 to 7, one to a floor, and the 3-room flats are the only type on floors 9, 12 and 13. The distribution describes which flats the service lists today and not the building’s design, since the developer prints no total by floor.
| Floor | 2-room | 3-room | 4-room | Flats listed |
|---|---|---|---|---|
| 1 | 8 | 5 | 1 | 14 |
| 2 | 9 | 6 | 1 | 16 |
| 3 | 7 | 5 | 1 | 13 |
| 4 | 5 | 5 | 1 | 11 |
| 5 | 1 | 5 | 1 | 7 |
| 6 | 0 | 6 | 1 | 7 |
| 7 | 0 | 3 | 1 | 4 |
| 8 | 1 | 2 | 0 | 3 |
| 9 | 0 | 2 | 0 | 2 |
| 10 | 1 | 1 | 0 | 2 |
| 11 | 1 | 2 | 0 | 3 |
| 12 | 0 | 2 | 0 | 2 |
| 13 | 0 | 2 | 0 | 2 |
| Total | 33 | 46 | 7 | 86 |
The parking service shows three levels: -2 with 18 spaces, -1 with 26 and 0 with 29, which makes 73. It flags 16 as sold: 2 on level -1 and 14 on level 0. Korter calls the parking underground and the developer calls it a closed parking lot. The 73 spaces equal 35.1 percent of 208 apartments and 31.6 percent of 231, calculated from the printed counts. The page does not say whether parking is bought separately or whether other parking exists.
The developer lists a generator and a water reservoir so that electricity and water supply is uninterrupted, a lobby, a square and a children’s playground. Korter adds a freight and passenger elevator, accessibility for limited mobility, 24-hour video surveillance, an intercom entrance, open balconies, double glazing, a fire alarm and a metal entrance door, and says the purchase price includes the door, the intercom and the fire alarm. Those are Korter’s statements, and the contract defines what is included.
On materials, the developer says the walls use Ytong block and states that the block means 40 percent less energy is needed for heating or cooling. That is the developer’s claim and the guide does not test it. Korter repeats the claim with the words up to 40 percent. The facade is described as HPL panels with Munich plaster, and the windows as double glazing in multi-chamber metal-plastic profiles.
Only two price figures exist in the public record for this building, both from third parties and more than two years apart in date. Neither is an Archi price. The developer’s service returns a price of 0 for each flat, its payment-terms field is empty, and the project page carries no instalment plan. The table sets the two indications side by side and states what each one covers.

| Price indication | Value | Source and date | What it covers |
|---|---|---|---|
| Starting price per m² | USD 1,240 | Korter, prices and availability dated 26 Oct 2026 | Developer’s apartments from this level per m²; unit and layout prices are marked on request; finish given as partial finishing |
| One listed flat | USD 115,000 for 56.0 m², which is USD 2,054 per m² | Realting, listing updated 31 Jul 2024 | 1-room flat on a reseller listing; the header reads price on request; the 1-room type is not in the developer’s list today |
| Developer price | None | archi.ge, 12 Nov 2026 | Flat price 0 for all 86 listed flats; payment terms empty |
The gap between USD 1,240 and USD 2,054 per m² is 65.6 percent, calculated, but the two figures are not comparable: one is a minimum from a listing site in October 2026 and the other is the price of one flat on a listing dated July 2024 whose basis is not stated. The guide does not average them and does not treat either as a market value.
For orientation only, the table below multiplies the listed sizes by each per-m² figure. It is arithmetic, and it is not an offer, a quotation or a statement of what any flat costs. It also shows each result against the residence-permit figure of USD 150,000 in section 8, with the wording at or above and below.
| Size basis, m² | At USD 1,240 per m² | Against USD 150,000 | At USD 2,054 per m² | Against USD 150,000 |
|---|---|---|---|---|
| 50.1 (smallest listed 2-room) | USD 62,124 | Below | USD 102,905 | Below |
| 55.1 (largest 2-room in Korter) | USD 68,324 | Below | USD 113,175 | Below |
| 77.2 (mean listed 3-room) | USD 95,728 | Below | USD 158,569 | At or above |
| 91.7 (largest listed 3-room) | USD 113,708 | Below | USD 188,352 | At or above |
| 95.9 (largest listed 4-room) | USD 118,916 | Below | USD 196,979 | At or above |
| 118.7 (top of the developer’s filter) | USD 147,188 | Below | USD 243,810 | At or above |
At USD 1,240 per m² the figure of USD 150,000 would be reached at 121.0 m², above every size in any of the three ranges printed. At USD 2,054 per m² it would be reached at 73.0 m². The residence rule, however, uses a certified assessor’s market value in lari, and not the contract price, so the table says only where a printed per-m² figure and a printed size land against the number, which is a different question from whether a permit is available.
Georgian lari conversions use the National Bank of Georgia’s official rate for 12 November 2026, USD 1 = GEL 2.5933. At that rate USD 150,000 is GEL 388,995. A buyer paying in lari or in dollars should ask which currency and which date the contract uses for each instalment, since the printed figures here are dollar indications and the developer prints no currency at all.
For wider context, the Galt & Taggart report on the Tbilisi market, dated 30 January 2026, gives USD 1,373 per m² as the average primary-market price in December 2025, for white-frame apartments, citywide. Korter’s USD 1,240 refers to a different building, date and finish, so the two are shown side by side for scale and are not ranked. The Tbilisi real estate prices guide gives the broader price picture.
Archi Panorama Tbilisi sits in Vashlijvari, a neighbourhood of Saburtalo District. Wikipedia describes Vashlijvari as lying on the right bank of the Mtkvari river between Saburtalo and Dighomi, a village until it joined Tbilisi in 1972 and developed since the 1980s, and gives the population of Saburtalo District as 139,000 in 2017. The article lists Vashlijvari with Lower Saburtalo, Vedzisi, Lisi, Didi Dighomi, Patara Dighomi and other neighbourhoods inside the district.

The city around it is large and still growing. Geostat estimated the population of Tbilisi at 1,369.4 thousand on 1 January 2026, about 34.7 percent of the national 3,941.1 thousand. The 2024 census results counted 1,331,485 people in Tbilisi against 1,108,717 in 2014, an increase of 20.1 percent. The census figure and the 2026 estimate come from different calculations and the guide does not merge them.
Galt & Taggart treat Vashlijvari as its own zone in the Tbilisi report. Its 2025 district map lists 539 apartment sales in Vashlijvari, against 7,186 in Saburtalo and 9,440 in Didi Dighomi, and average prices per m² of USD 1,062, USD 1,613 and USD 1,076. The report does not define the price basis on the map, and the annex chart of primary-market ranges for December 2025 puts Vashlijvari between USD 950 and USD 1,300 per m², as read from the chart labels.
| Zone in Galt & Taggart report | Apartment sales in 2025 | Average price, USD per m² (district map) | Primary-market range, Dec 2025, USD per m² (annex chart) |
|---|---|---|---|
| Vashlijvari | 539 | 1,062 | 950 to 1,300 |
| Saburtalo | 7,186 | 1,613 | 862 to 4,400 |
| Didi Dighomi | 9,440 | 1,076 | 850 to 1,870 |
| Tbilisi, all (primary, white frame) | 20,961 primary sales | 1,373 (Dec 2025) | Not given |
The chart readings come from label positions in the report’s annex and should be checked against the report itself before use. The citywide primary-market sales number comes from the report’s key figures table. The official gauge is the Geostat Residential Property Price Index, which covers new residential property in Tbilisi in lari; it is an index for the city and not a price for this building, and the guide draws no conclusion from it for a unit.
For access, the developer’s page gives only the Agrohub line. Korter supplies more: the Kura (Mtkvari) embankment under 1 km away, a highway 280 m from the complex, a public transport stop 370 m away served by buses 302, 304 and 314 and minibuses 531, 534 and 539 about every seven minutes, a road interchange toward the Didube Bridge under 2 km away, and a drive of 15 minutes to the Lisi recreation area and 40 to 45 minutes to the airport. Those are Korter’s figures.
The distances table adds two calculated columns. Straight-line distances use the building coordinates on archi.ge and the coordinates printed in the Didube, Ghrmaghele, Lisi Lake, Freedom Square and airport articles on Wikipedia. Road distances come from the public OSRM router on OpenStreetMap data, run on 12 November 2026 as free-flow estimates that ignore traffic.
| Place | Straight line, km (calculated) | Road, km and minutes (OSRM) | Other source |
|---|---|---|---|
| Didube metro station | 1.0 | 4.5 km, 8 min | Realting: about 1,000 m; Korter: transport hub within a 30-minute walk |
| Ghrmaghele metro station | 2.5 | 6.5 km, 9 min | Not printed |
| Lisi Lake | 2.8 | 5.1 km, 10 min | Korter: Lisi recreation area, 15-minute drive |
| Freedom Square | 6.9 | 8.0 km, 10 min | Not printed |
| Tbilisi International Airport | 17.9 | 24.6 km, 31 min | Korter: 40 to 45 minutes by car |
The Didube row shows why one distance never describes access. The metro station is about 1 km from the building as the crow flies, which matches Realting’s figure, while the routed road distance is 4.5 km and Korter puts the hub within a 30-minute walk. The developer states none of these. The building coordinates on archi.ge also do not settle the Gelovani-or-Brotseuli question, since a coordinate pair does not name a street.
Korter names the shops and schools around the site in general terms: chain supermarkets within a few minutes’ walk, the BricoRama hypermarket, the Aurora, Asia and Sara centres, and schools No. 158, 169 and 147. It gives no distances for them, and the guide treats the list as the listing site’s description. The Tbilisi city page on this site lists the other Tbilisi projects, and the Georgia country page the wider portfolio.
The developer’s page prints no purchase steps, so the order below comes from Georgian law and from the registry’s published fee schedule. Article 183 of the Civil Code states that to acquire an immovable thing the transaction must be in writing and the acquirer’s ownership right must be registered in the Public Registry. The right to the flat is therefore created by the registry entry; paying the price or receiving the keys does not create it on its own.

For a building still under construction, the property does not yet exist as a registered unit. A legal column by Klein Law in Georgia Today (3 August 2023) says that the agreement signed with a developer in that situation is a pre-purchase agreement, because a purchase agreement cannot be concluded on a property that does not exist. That is one law firm’s description as of its date and not a statute, and the contract’s own wording on registration and transfer is what binds.
Nationality matters in Georgian property law for agricultural land, which the Organic Law on Agricultural Land Ownership restricts in Article 4 to citizens and specified entities. An apartment is not agricultural land. The guides on whether foreigners can buy property in Georgia and how to buy property in Georgia explain the general position, and the page on buying from abroad covers the practical route for a buyer who does not travel.
The registry’s fees depend on how fast the buyer wants the entry and not on the price. The NAPR fee page lists GEL 150 for registering a change of right within 4 working days, GEL 270 within 1 working day and GEL 350 on the day of filing, and lists registration of an obligation relating to an ownership right at the same three fees.
At the official rate of GEL 2.5933 per USD those are about USD 57.8, USD 104.1 and USD 135.0. Which category applies to an agreement on a flat not yet built is for the registry and the contract to confirm.
A buyer abroad can use a power of attorney legalised for use in Georgia or the registry’s smart-contract service, which registers immovable property rights online through a booked virtual meeting. The Hague Conference’s status table records Georgia’s accession to the Apostille Convention on 21 August 2006 and its entry into force on 14 May 2007.
| Step | Who | Typical time and fee | Source |
|---|---|---|---|
| Ask for the price list, unit plan and draft contract in writing | Buyer, developer | Not published by the developer | Developer page |
| Order an extract of the Public Registry for the plot | Buyer, NAPR | GEL 20 for 1 working day, GEL 13 online; GEL 26 extra for English | NAPR informational services |
| Match the cadastral number to the extract | Buyer, lawyer | Korter prints 01.10.11.001.462; not checked against the registry | Korter |
| Sign the written agreement | Buyer, developer | Date and terms set in the contract; none published | Civil Code art. 183 |
| Pay under the schedule | Buyer | No schedule published | Developer page |
| Register the right or the obligation | Buyer, NAPR | GEL 150 in 4 working days, GEL 270 in 1 working day, GEL 350 on the day | NAPR fee page |
| Sign remotely if needed | Buyer, NAPR | Booked virtual meeting; apostille in force for Georgia since 14 May 2007 | Smart contract; status table |
| Apply for a residence permit if wanted | Public Service Development Agency | GEL 300, 450 or 600 for a decision on the 30th, 20th or 10th calendar day | Agency page |
Property tax on an individual changed on 30 September 2026. The English text of the Tax Code on matsne.gov.ge records Law No. 1874 of that date in the history of Articles 202 and 206. After the amendment, Article 202(5) fixes the rate for a person’s taxable property other than land between 0.8 and 1 percent of the market value existing at the end of the preceding year, while Article 206(1)(a) removes the tax for families whose income in that preceding year stayed at or below GEL 100,000.

The EY Georgia Tax and Law Brief for July to September 2026 reports the same change and says the earlier threshold was GEL 40,000; it adds that the rate within the band is determined according to the location of the property. Guides written before 30 September 2026 carry the older bands, which no longer match the Code, and the guide on property tax in Georgia gives the declaration steps.
As an illustration, a flat with a market value equal to USD 150,000 is GEL 388,995 at GEL 2.5933 per USD, and the Code’s range of 0.8 to 1 percent would be GEL 3,112 to GEL 3,890 a year if it applied; the market value used and the family income test are set case by case.
The Revenue Service page, in Georgian, sets the return date at 1 November and payment at 15 November, moved to the next working day if the date is not a working day.
Article 201 covers real estate owned by a natural person, including an unfinished construction, so when a buyer under a pre-completion contract counts as the owner is a question for the contract and the registry record.
Rental income of a natural person from residential space is taxed at 5 percent if no deductions are made (Article 81(2)), the general rate is 20 percent (Article 81(1)), and the surplus on a sale is taxed at 5 percent (Article 81(3)). The surplus on a residential apartment owned for more than two years is exempt (Article 82(1)(f.a)).
For residence, the Public Service Development Agency lists a short-term residence permit for an alien who holds title to immovable property other than agricultural land with a market value exceeding USD 150,000 equivalent in lari, set by a certified assessor.
The Law on the Legal Status of Aliens and Stateless Persons states it in the same terms in its Article 15(j). The guide on the residence permit describes the process. A flat priced below the figure is not covered by this route; a flat valued at or above it is covered only if the assessor’s value exceeds it.
| Printed indication against the residence rule | Indication (USD) | Against USD 150,000 (GEL 388,995) |
|---|---|---|
| Korter starting figure applied to the largest listed flat (95.9 m²) | 118,916 (calculated) | Below |
| Korter starting figure applied to the top of the filter range (118.7 m²) | 147,188 (calculated) | Below |
| Realting flat price (56.0 m², July 2024) | 115,000 | Below |
| Realting per-m² figure applied to the mean listed 3-room flat (77.2 m²) | 158,569 (calculated) | At or above |
| Developer price | None published | Not applicable |
On financing, the National Bank of Georgia’s PTI and LTV page sets a loan-to-value limit of 90 percent for loans in lari and 70 percent for foreign-currency loans, and payment-to-income limits of 25 percent (lari) or 20 percent (foreign currency) for net monthly income under GEL 1,500, rising to 50 percent and 30 percent from GEL 1,500. Korter mentions a TBC Bank mortgage and instalment plans for the building without giving rates or terms; the developer prints neither. The guide on mortgages for foreigners compares bank terms.
| Item | Rule | Source |
|---|---|---|
| Property tax, natural person | Rate 0.8 to 1 percent; no tax if prior-year family income is up to GEL 100,000; declaration by 1 November, payment by 15 November | Tax Code arts. 202(5), 205, 206(1)(a): matsne.gov.ge; Revenue Service |
| Rental income, natural person | 5 percent on residential rent when no deductions are claimed; general rate 20 percent | Tax Code art. 81(1)-(2): matsne.gov.ge |
| Sale of an apartment | 5 percent on the surplus; no tax on the surplus of a residential apartment held over two years | Tax Code arts. 81(3), 82(1)(f.a): matsne.gov.ge |
| VAT rate | Standard rate 18 percent; the sale contract states whether the price includes it | Tax Code art. 166: matsne.gov.ge |
| Short-term residence permit | Property other than agricultural land with market value exceeding USD 150,000 equivalent in GEL, set by a certified assessor | Agency page; Law on Aliens |
| Mortgage limits | Loan-to-value 90 percent (lari), 70 percent (foreign currency); payment-to-income by income band | PTI and LTV page |
| Exchange rate used | USD 1 = GEL 2.5933, official rate valid from 12 November 2026 | NBG official rates |
Because the developer’s page leaves price, handover, payment terms and finish unpublished, the list below turns each gap into a document or an answer that a buyer can request before paying. Part of it fits the reservation form and the rest the sale agreement. The list is the normal process for an off-plan purchase and it is not specific to any shortcoming of this project.

The table lists the Archi projects in Tbilisi that this site’s Georgia portfolio describes, with the status and the main published information for each. The developer’s pages print few prices, and the figures that exist come from Korter and similar sites with their own dates. The entries are not ranked.

| Project | Area | Status as published | Published information |
|---|---|---|---|
| Archi Panorama Tbilisi (this page) | Vashlijvari, Saburtalo | Ongoing; 33 percent (archi.ge, 13 Oct 2026) | 13 floors; 208 or 231 apartments; Korter from USD 1,240 per m², Q2 2027; developer prints no price or date |
| Archi Dighomi 3 Tbilisi | Didi Dighomi, Saburtalo | Blocks A and B completed; C and D at 48 percent (archi.ge) | Korter: from USD 1,250 per m² (25 Oct 2026); C and D Q2 2027 |
| Archi Lisi Sunrise Tbilisi | Lisi, Saburtalo | Blocks B and C at 62 percent (archi.ge) | Five-floor buildings; Korter: from USD 2,050 per m² (26 Oct 2026); Q1 2027 |
| Archi Nutsubidze 2 Tbilisi | IV Plateau, Saburtalo | Block A at 91 percent (archi.ge) | 21 floors; Korter: from USD 1,415 per m² (25 Oct 2026); Q4 2026 |
| Archi Universe Tbilisi | University Street, Saburtalo | Blocks A and B at 65 and 67 percent (archi.ge) | Unit totals print 257, 270 and 349; Korter: from USD 2,162 per m² (25 Oct 2026); Q2 2027 |
| Archi Alley (listing to follow) | Didi Dighomi | Blocks A and B completed; C at 0 percent (archi.ge) | Korter: from USD 1,070 per m² (26 Oct 2026); block C Q1 2029 |
| King Tamar by Archi (listing to follow) | Saburtalo, near Heroes Square | Ongoing; 1 percent (archi.ge) | 278 flats (archi.ge and Korter); 32 floors; Korter: from USD 2,887 per m²; Q3 2029 |
| Archi Guramishvili Tbilisi | Sanzona, Nadzaladevi | Ongoing; 87 percent (archi.ge) | Units print 1,175 (Korter) and 591 lots (sea-inside); Korter: from USD 1,151 per m² (25 Oct 2026); Q1 2027 |
| Trump Tower Tbilisi | Saburtalo, Tamarashvili Street | Coming soon; 0 percent on archi.ge | Official site: 850 residences; press: handover 2031 for the tower and 2033 for the complex; archi.ge prints no unit list or price |
The projects differ in stage and scale. This one is a single building with a few hundred apartments, in the structure phase according to its log, while several of the others are in finishing and some are at an early stage.
Korter’s per-m² starting figures range from USD 1,070 to USD 2,887 in the table, which reflects different districts, finishes and dates and not a ranking. For the portfolio of another developer in the same city, see Mira Verde Tbilisi, and for an Archi joint project on the coast, Kobuleti Beach Resort.
Archi’s About page shows counters of 55 completed projects, 31 ongoing projects, 20 years of experience, 1,568,653 m² of completed construction and 1,238,468 m² of ongoing construction. The same page’s longer text carries older figures, and the company’s earlier releases give lower counts: 31 completed buildings on its 15th anniversary in 2021 and 49 completed projects in June 2024. These are the developer’s own statements and the guide does not verify them.
The anniversary release, Archi Turns 15!, says Archi was founded in 2006 by Ilia Tsulaia, Meni Benish and Irakli Kapianidze, joined the development industry in 2008, and that the basketball player Zaza Pachulia became a co-owner in 2018. A June 2024 release reports an agreement with Deloitte to audit the consolidated financial statements of Archi and its subsidiaries; see the audit release. No shareholder register was found, and the contracting entity for a unit is named in the sale documents.
The company lists offices in Tbilisi and Batumi and a joint sales office in Warsaw. It describes the Kobuleti Beach Resort as a joint development with NEXT, announced on 1 June 2026 and covered on this site in the Kobuleti listing; see the release. The guide leaves out the developer’s market-share, resident-count and ranking statements, since they come without a named method or body.
It is a 13-storey residential building that Archi is constructing in the Vashlijvari part of Saburtalo District, Tbilisi. The developer’s page shows construction progress of 33 percent, with the latest monthly entry dated 13 October 2026, and lists 86 flats of 2, 3 and 4 rooms, a closed parking lot, a generator and a water reservoir. Price, handover date and payment plan are not printed.
The developer prints Marshal Gelovani Avenue, near Agrohub, in Saburtalo District. Korter prints Brotseuli Street 5/1 in Vashlijvari and Realting prints Brotseuli Street. The page does not reconcile the two names. A Public Registry extract for the plot, matched to the cadastral number in the contract, shows which description applies, and Korter’s cadastral number, 01.10.11.001.462, has not been checked against the registry.
The developer’s page prints 231 apartments in its description and 208 in its infrastructure text, while Korter and Realting print 208. The public flats service lists 86 flats, which is a count of what is shown and not a project total. The contract should state the number of apartments and their types, and the reservation form should name the unit by number and floor.
The 86 listed flats are 33 two-room flats of 50.1 to 92.0 m², 46 three-room flats of 55.0 to 91.7 m² and 7 four-room flats of 95.4 to 95.9 m², on floors 1 to 13. The developer’s filter range is 46.9 to 118.7 m² and Korter’s is 50.4 to 116.2 m². The developer prints room counts, not bedroom or bathroom counts.
The developer prints no handover date. Korter prints Q2 2027 and a Realting listing updated on 31 July 2024 prints 2028 as the year of construction. The date that binds the developer is the one written into the sale contract, together with the consequence of missing it. The monthly log shows column and slab cycles from May to October 2026 and names no floors.
The developer prints no price; every flat price in its service is 0. Korter prints a starting figure of USD 1,240 per m² (26 October 2026) and marks each layout price upon request. Realting shows one 1-room flat of 56.0 m² at USD 115,000, or USD 2,054 per m², on a listing dated 31 July 2024. These are third-party indications and not offers.
The developer’s page shows 33 percent. Its log says that in the entry of 13 October 2026 column erection and a floor slab were completed and floor slab laying was in progress. The log does not say how the percentage is measured or which floor each slab refers to, so the figure is most useful when read with a written completion schedule from the developer.
The short-term residence permit in Georgian law is open to an owner of non-agricultural property valued above USD 150,000 equivalent in lari by a certified assessor. At USD 1,240 per m² the largest listed flat is calculated at USD 118,916, below that figure, while at USD 2,054 per m² a 77.2 m² flat is calculated at USD 158,569, at or above it. The assessor’s valuation decides.
For a natural person the Code sets property tax at 0.8 to 1 percent of market value and exempts families with income up to GEL 100,000 in the previous year. Residential rent is taxed at 5 percent with no deductions and a sale surplus at 5 percent; the surplus on an apartment owned more than two years is exempt. NAPR registration costs GEL 150, GEL 270 or GEL 350 depending on speed.
At minimum: the unit number and price, the handover date and its consequence, the entity that signs, the address and cadastral number, the payment schedule and the account that receives it, the finish and what the price includes, the parking allocation and the service charge. Section 9 lists fourteen items, and the guide on how to buy property in Georgia gives the general sequence.
Last checked: 12 November 2026. Sources:
This is not legal, tax or financial advice.
