BLOX Varketili Tbilisi: Completed Building Profile (2026)

BLOX Varketili Tbilisi is a completed 10-storey residential building at 35 Victor Kupradze Street in Varketili, Tbilisi, which its developer BLOX marks as sold out and 100 percent complete on its project list. This information profile reads blox.ge and four listing sites as they stood on 13 November 2026, shows where they differ, and sets out what a buyer of a resale flat in a finished Georgian block needs to check.

BLOX Varketili Tbilisi: what the building is

On its project page, the developer gives the address as 35 Victor Kupradze St and describes a 10-story residential complex in Varketili “near the Tbilisi Sea”. It lists commercial space on the first floor, underground parking, recreation green areas and a children’s entertainment area. The text is in the future tense (“will house”, “will be arranged”) and prints no completion year, unit count, flat size, finish or price. Read on 13 November 2026.

The page also calls the location, green surroundings, planning and building materials strengths of the project. Those are the developer’s own descriptive claims, and this profile does not assess them.

On the developer’s project list, the card for the building shows a Sold out label and 100%. The list page’s own script puts every project at 100% into its Finished tab and all others into Current, so the percentage reads as a construction-progress figure rather than a sales figure. The page prints no photo-progress dates.

The sources agree on the street, the number and the ten floors, and differ on most other points. The table keeps each source’s wording apart and picks no winner. Geoln’s page was published before completion and Realting’s was last updated in July 2024, so both are shown as dated records, not as current descriptions.

Completion is the one point where the dated records line up in sequence, so they are listed with their dates.

One calculation from published figures: if the first floor is commercial and the 72 apartments Korter counts all sit on floors 2 to 10, that is 8 apartments a floor. This is arithmetic on two sources, not a printed fact, and the sources do not say how the flats are spread across floors.

Status of BLOX Varketili Tbilisi today and resale asking prices

The developer lists no stock for the building. The project data on blox.ge carries a sold-out flag, and the card says Sold out. To test the claim against the live stock, the developer’s public flat selector was queried on 13 November 2026: the apartment list behind it returned 1,049 apartment records, none of them for BLOX Varketili. Korter agrees: “currently no apartments available for sale from the developer”.

Any flat for sale is therefore a resale by an owner, and the seller is a private person or a company, not the developer. The only current asking price found is on Korter, which is a listing site and not the developer.

This is one flat and one portal, so it is an indication of one asking price and not a price level for the building. Geoln and Realting also print prices, but those pages date from before completion, differ widely from each other and from the Korter card, and are not reproduced. The Tbilisi Property price table is garbled (its sizes do not fit its prices), so it is used only for the unit count.

Korter’s text says apartments were sold with partial finishing and mentions mortgage financing through a bank. The developer’s page names no bank and no payment plan, and no confirmation from the bank’s own site was obtained, so it is recorded here as listing-site text only, and the bank is not named.

District and access: Varketili in Samgori

The developer’s site places the building in Varketili. Korter files it under Samgori District, and Wikipedia’s list of Samgori neighbourhoods includes Varketili, so the two labels describe the same place at different levels. The developer says the project is “near the Tbilisi Sea”; Korter puts the reservoir about 4 km away. The straight-line figures below use Korter’s map marker for the building (41.70811, 44.87204) and the coordinates Wikipedia lists for each place.

The straight-line numbers are not road, walking or travel times. Varketili station is the last stop on line 1 of the Tbilisi Metro, according to Wikipedia.

Korter’s description of the neighbourhood, which this profile has not verified, names minibuses 470 and 530 and bus 346 on Viktor Kupradze Street, schools numbered 139, 176, 90, 157, 145, 146 and 182, kindergartens 37 and 163 within 1.5 km, and shops including Varketili Market, Carrefour City, Spar and Nikora. Timetables, school catchments and opening hours need checking with the operators and authorities.

For the city-wide picture, see the guide to Tbilisi real estate prices, and the Tbilisi city page lists other properties on this site.

Buying a resale flat in a finished Georgian building

Start from the registry, not from the listing. The Civil Code makes a purchase of immovable property a written transaction that is complete only when the buyer’s ownership is registered (Article 183), and treats Public Registry entries as accurate until shown otherwise (Article 312). General background is in can foreigners buy property in Georgia and how to buy property in Georgia.

The cadastral number Korter prints for the building is a listing-site detail. The flat being sold has its own code on its own extract, and that is the one to match to the flat number, floor and area. The building has first-floor commercial space, so ask whether the extract covers only the flat or also a parking space, which the sources describe as underground and surface parking but do not say is registered separately.

A buyer abroad can authorise a representative with a power of attorney that carries an apostille; the Hague Conference status table lists the Apostille Convention as in force for Georgia since 14 May 2007. NAPR also offers online registration through a booked virtual meeting. The sellers and any bank decide which route they accept, so settle it before paying.

Two risks belong to resales. The person who signs must be the registered owner, and under Article 1158 property acquired during a marriage is joint unless a marriage contract says otherwise. Any registered mortgage or seizure must be removed at or before transfer, and the money should reach the registered owner by traceable transfer.

On tax, the Tax Code lists Law No. 1874 of 30 September 2026 among its amendments. A natural person’s property other than land is exempt from property tax where family income in the previous year did not exceed GEL 100,000 (Article 206(1)(a)); above that, Article 202(5) sets 0.8 to 1 percent of the previous year-end market value. EY Georgia reports the same change and the earlier GEL 40,000 threshold.

The Revenue Service gives 1 November for the return and 15 November for payment; the guide to property tax in Georgia covers filing.

A seller’s surplus on a residential apartment is taxed at 5 percent (Article 81(3)), and Article 82(1)(f.a) exempts it where the apartment was held for more than two years, which is why the date of the seller’s own purchase matters.

For residence, the Public Service Development Agency describes a short-term permit for an alien who holds title to non-agricultural property with a market value exceeding USD 150,000 equivalent in lari, fixed by a certified assessor; the Law on the Legal Status of Aliens says the same. The USD 137,000 asking price in section 2 is below that figure, and an asking price is not an assessed value. See getting a residence permit in Georgia.

On lending, the National Bank of Georgia’s PTI and LTV page caps the loan at 90 percent of the property’s value for lari loans and 70 percent for foreign-currency loans. Terms for non-residents differ by bank; see mortgage in Georgia for foreigners.

What to ask for in writing and check before buying

The list turns each open point into a document or an answer that can be requested before any money moves. These are routine resale checks, and none of them signals a concern about this building or its owners.

1. The flat number, floor, area and the flat’s own cadastral code, so the listing can be matched to the registry.
2. A current Public Registry extract showing the registered owner or owners, any shares, and any mortgage, seizure or other burden.
3. The seller’s identity and authority to sell: an ID and the position on any marriage contract for a person, or registration details and the authorised signatory for a company.
4. How and when the seller acquired the flat, with the earlier sale contract, since the date decides whether the two-year rule in Article 82 applies to the seller.
5. The finish the flat has today and any alteration that needed approval; Korter says the flats were sold with partial finishing.
6. Who manages the building, the monthly service charge, any arrears on the flat, and the rules for the courtyard and parking.
7. Whether a parking space comes with the flat as a separately registered unit or by a use right.
8. What operates in the first-floor commercial space and whether it affects shared costs or noise for residents.
9. For a mortgage, the bank’s own valuation and conditions; for a residence permit, a certified assessor’s valuation.
10. The payment route and the point at which money is released against registration, with a written receipt.

About the developer: BLOX

BLOX states on its About page that it has operated in the Georgian real-estate development market since 2016, and that its priority is safe, high-quality housing to European standards in green and peaceful areas. That is a statement of aims, not verified here. It does not say how many buildings or flats BLOX has delivered. Korter’s developer page repeats the 2016 start and, on 13 November 2026, lists seven completed and five current BLOX projects.

The main office is printed as 19 Agmashenebeli Alley, Dream Tower, Tbilisi. The site shows no registered company name or identification code, and the registries were not queried for it. The architect’s project page names the client as “BLOX Development”. For a resale, the buyer contracts with the owner, so the developer’s details matter mainly for building documents and any question about the original construction.

Other BLOX projects and nearby Tbilisi listings

The developer’s project list shows eleven residential cards, including this one. The table gives each card’s street, the sold-out flag in the page data and the percentage printed on the card, as read on 13 November 2026. Two names are shared: the two Didi Digomi entries and the two Beliashvili entries are different buildings on different streets.

Other Varketili buildings on this site belong to different developers and are separate buildings: a completed block on Javakheti Street and three W2 projects listed under Varketili. Each figure below is the one printed on that page, not a comparison with BLOX Varketili Tbilisi.

The Georgia country page lists the full portfolio.

Frequently asked questions

Is BLOX Varketili Tbilisi finished?

Yes, per the developer’s list and Korter. The developer’s card shows 100% and Sold out, and Korter lists one house delivered in 2025. The developer prints no completion year on the project page, so the year rests on Korter, Realting and the developer’s December 2023 news item; Geoln’s June 2025 page was written before completion.

Can I buy a flat in BLOX Varketili Tbilisi from the developer?

Not from listed developer stock. On 13 November 2026 the developer’s apartment list held 1,049 records and none for this building, and Korter states there are no developer apartments for sale. Any flat advertised is sold by its owner.

How many apartments are there and how big are they?

The developer prints neither. Korter, Geoln and Tbilisi Property give 72 apartments, and Korter gives 54.4 to 92.8 m², with Geoln starting at 56 m². Treat the totals as listing-site figures until the registry or the building’s management confirms them.

What does a resale flat in BLOX Varketili Tbilisi cost?

The one asking price found was USD 137,000 for a 90.3 m² flat on floor 2 of 10, listed on Korter on 13 November 2026, which is USD 1,517 per m². It is a single listing, not a price level, and older listing pages carry different pre-completion figures.

Where is the building and how far is the metro?

It is at 35 Victor Kupradze Street in Varketili, Samgori District. Korter puts Varketili metro about 2 km away, and a straight line from Korter’s map marker to the station’s Wikipedia coordinates gives about 1.9 km. Neither figure is a walking time.

Does buying here give a residence permit?

Not by itself. The Public Service Development Agency describes a short-term permit for title to non-agricultural property with a market value exceeding USD 150,000 equivalent in lari, set by an accredited assessor. The only asking price found is below that figure, and an asking price is not an assessed value.

Sources and last check

Last checked: 13 November 2026. Sources:

• BLOX: BLOX Varketili project page (blox.ge, 13 November 2026)
• BLOX: project list (blox.ge, 13 November 2026)
• BLOX: public apartment list behind the flat selector (13 November 2026)
• BLOX: news item “BLOX New Residential Project” (20 December 2023, read 13 November 2026)
• BLOX: About us (13 November 2026)
• Korter: Blox Varketili in Tbilisi (13 November 2026)
• Korter: Blox developer page (13 November 2026)
• Geoln: Blox Varketili (listing of 9 June 2025, read 13 November 2026)
• Realting: Blox Varketili (last update 10 July 2024, read 13 November 2026)
• Tbilisi Property: Blox Varketili (13 November 2026)
• RM Architecture: Residential Building in Varketili (13 November 2026)
• Wikipedia: Varketili (Tbilisi Metro) (coordinates)
• Wikipedia: Samgori (Tbilisi Metro) (coordinates)
• Wikipedia: Samgori District (neighbourhood list)
• Wikipedia: Tbilisi Sea (coordinates)
• Wikipedia: Freedom Square, Tbilisi (coordinates)
• Wikipedia: Station Square (Tbilisi Metro) (coordinates)
• Wikipedia: Tbilisi International Airport (coordinates)
• Civil Code of Georgia, Articles 183, 312 and 1158 (matsne.gov.ge)
• Tax Code of Georgia, English text, Articles 81, 82, 202, 205 and 206 (matsne.gov.ge)
• EY Georgia: Tax and Law Brief, July to September 2026
• Revenue Service of Georgia: property tax page
• NAPR: immovable property registration fees
• NAPR: informational services fees
• NAPR: smart-contract registration service
• Hague Conference: Apostille Convention status table
• Public Service Development Agency: residence permits
• Law of Georgia on the Legal Status of Aliens and Stateless Persons (matsne.gov.ge)
• National Bank of Georgia: PTI and LTV requirements

This is not legal, tax or financial advice.