X2 Mtskhetaze Tbilisi: Completed Vake Building Profile (2026)

X2 Mtskhetaze Tbilisi is a completed apartment building at Mtskheta Street 35/37 in the Vake district of Tbilisi, which the developer x2 lists on its site as finished in 2020.

This information profile of X2 Mtskhetaze Tbilisi reads the developer’s page, the Korter listing page and one older Geoln page as they stood on 13 November 2026. The developer prints no price and no stock figure, so the profile sets the sources side by side, adds sourced facts on the area, and explains what changes for a buyer of a flat in a finished Georgian block.

X2 Mtskhetaze Tbilisi: what the building is

On its project page the developer calls the building “X2 Mtskhetaze”, gives the address as Mtskheta St 35/37 (Georgian: მცხეთის ქ. 35/37) and shows it as a completed project with the completion date 2020, 13 floors, 54 apartments and 24 parking spaces. Payment terms are printed as “N/A” (checked 13 November 2026). The projects page of the same site files it among the completed projects and describes it as a comfort-class residential complex.

The street is Mtskheta Street in Tbilisi. The project name should not be read as a place in the town of Mtskheta. The developer’s page names no district and its map block carries empty coordinates, while Korter and Geoln both place the building in Vake, and an OpenStreetMap lookup of the point returned a building tagged “apartments” at house number 35 on Mtskheta Street, Vake district, postcode 7002 (Nominatim, 13 November 2026).

The three sources differ on several basic points, and the next table keeps each figure with its source instead of choosing one. The Geoln column is a page published on 09.01.2020 whose sales wording has not been updated.

The descriptive paragraphs on Korter and Geoln (the Vake setting, the distance to Mziuri Park, the transport and the facade materials) are almost word for word the same, so they are one text published twice and not two independent confirmations. The facade is described there as natural granite and travertine, which is a material fact and not a measured one.

Status of X2 Mtskhetaze Tbilisi today and price indications

The building is finished and the developer lists no stock for it. On 13 November 2026 the project page printed no price, no count of free flats and “N/A” for payment terms. Its floor selector, which loads one image map per floor, offers floors 1 to 12 and returned plan outlines on eight of them. Floors 1, 3, 4 and 5 returned none.

That is 14 outlines for a building the same page gives as 54 apartments, and the apartment numbers carried by the outlines run from 1 to 234, so they do not map onto a 54-flat numbering.

Every outline carries the flag “sold = false” in the page code, but the page prints no stock claim, so this profile does not read the flag as availability. The plan pages give room lists for the 99.6, 69.8 and 67.5 m² layouts, and the 126 m² outline has no room list.

Korter states that “currently no apartments” are available from the developer for this building, and its page shows rental listings for the address (18 listings, 9 apartments) but no list of flats for sale. This profile uses no rents.

A web search limited to Korter, MyHome.ge, Realting.com and SS.ge on 13 November 2026 found no sale listing explicitly at Mtskheta St 35/37; a plain request to MyHome.ge returned an access error (HTTP 403), so its search pages were not read directly. A flat could still be offered privately or through a broker.

The Geoln figures are internally consistent: USD 71,500 divided by USD 1,100 per m² is 65 m², the same “from 65 m²” Geoln prints in its header. They are not consistent with the x2.ge plans, whose smallest area is 67.5 m², and the page still says “Sales started” for a finished building. They are shown as a dated indication only and are not a current price.

District and access: Vake and Mtskheta Street

Vake is an administrative district (raioni) of Tbilisi, according to Wikipedia. Korter and Geoln put the building near Irakli Abashidze Street, about 500 m from Mziuri Park. The three coordinate sets seen, from Geoln (41.70610, 44.77002), Korter (41.70613, 44.77009) and the OpenStreetMap building at No. 35 (41.70610, 44.77009), lie within about 10 m of each other, and the straight-line figures below use the OpenStreetMap point.

Korter and Geoln list a Nikora supermarket, the Grato Passage shopping centre, a Goodwill hypermarket, the Spumatro museum, the Tbilisi American Medical Center and the Lotus medical center nearby, plus Ilia State University, the David Aghmashenebeli University of Georgia and Ivane Javakhishvili Tbilisi State University. These are the listing sites’ words and were not checked one by one.

These are straight-line distances, not walking or driving distances, and the Wikipedia points are rounded. Wikipedia says Rustaveli station sits at the northern end of Rustaveli Avenue on the Akhmeteli-Varketili line and opened in 1966, and that Vake Park opened in 1946 at the western end of Chavchavadze Avenue.

For public transport the two listing sites print bus No. 66 on Abashidze Street and buses Nos. 9, 21, 34, 51, 59, 61, 66, 87, 88 and 140 on Chavchavadze Avenue. Routes change, so the city transport operator’s current map is the reference. Geoln’s metro journey times to two other stations carry no travel mode and are left out. For the wider market see the guide to Tbilisi real estate prices and the Tbilisi city page.

Buying a flat in a completed building in Georgia

A flat in a finished block follows the same legal frame as any other Georgian purchase, with fewer open questions about construction and more about the seller. Article 183 of the Civil Code requires a written transaction and registration of the acquirer’s ownership in the Public Registry, and Article 312 presumes the register accurate until proved otherwise, so a current extract is the first document to read. General guides: can foreigners buy property in Georgia and how to buy property in Georgia.

Three checks apply to this building. First, Korter prints one cadastral number for the complex (01.14.11.031.033, not checked against the registry); the code on the seller’s extract should be the one for the flat being sold. Second, the seller on the extract must be the person or company who signs, with any shared ownership or registered mortgage cleared at or before transfer. Third, because the developer shows no stock, the seller is an owner or an agent of an owner, and the contract is with that party.

A buyer abroad can sign through a power of attorney legalised for Georgia; the Hague Conference status table shows the Apostille Convention in force for Georgia since 14 May 2007. Which route the seller and any bank accept is a point to settle in writing before money moves.

Property tax changed with Law No. 1874 of 30 September 2026, listed in the Tax Code text on matsne.gov.ge. Under Article 206(1)(a), a natural person’s taxable property other than land is exempt if family income in the previous year did not exceed GEL 100,000; above that, Article 202(5) sets 0.8 to 1 percent of the market value at the end of the previous year.

The EY Georgia brief for July to September 2026 reports the same change and gives the earlier threshold as GEL 40,000. Article 82(1)(f.a) exempts a seller’s surplus on a residential apartment owned for more than two years. See also property tax in Georgia.

For residence, the Public Service Development Agency describes a short-term permit for an alien who holds title to property other than agricultural land with a market value exceeding USD 150,000 equivalent in lari, set by an accredited assessor. An asking price is not that assessed value, and the only price figure seen for this building, the stale Geoln minimum of USD 71,500, is below the figure. The application steps are covered in getting a residence permit in Georgia.

On lending, the National Bank of Georgia sets loan-to-value limits of 90 percent for lari loans and 70 percent for foreign-currency loans, with payment-to-income limits that depend on income. Terms for non-residents are set bank by bank; see mortgage in Georgia for foreigners.

About the developer: x2

The About page says x2 was founded in 2014. The Georgian About page gives 5 completed, 6 ongoing and 5 planned projects, while the projects page lists 4 current and 6 completed ones; these are dated differences and are not reconciled here. The contact page gives Zhiuli Shartava St 29, Tbilisi as the company address.

An Entrepreneur Georgia article of 23 October 2019 named a Vake pipeline on Mtskheta and Kipshidze streets among x2’s projects at the time (article, in Georgian). The site names no registered legal entity or identification code for the contracting party, and no bank partnership was found on a bank’s own site. A buyer of a resale flat contracts with the seller, so the developer’s details matter mainly for building documents and any warranty question.

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 paying. It is the normal due-diligence set for a flat in a finished building and implies nothing about the building or its owners.

1. The flat number, block or entrance (the double house number 35/37 may mean two entrances; no source says), floor and area, and the cadastral code of the flat.
2. A current Public Registry extract naming the registered owner or owners, any shares, and any mortgage, seizure or other burden.
3. The seller’s identity and capacity to sell: an ID and the answer on any marriage contract for a person, or registration details and the signatory for a company.
4. When and how the seller acquired the flat, since the two-year holding rule in Article 82 of the Tax Code turns on that date.
5. The finish the flat has today and the finish it was handed over in; the sources say white frame, and the Geoln condition field says “Black walls”.
6. The floor count and unit numbering of the building, since the sources print 12 and 13 floors and the selector’s plan numbers do not fit a 54-flat building.
7. The management or service-charge arrangements for the building, the monthly amount and any arrears on the flat, and who manages the ground-floor commercial frontage shown on the render.
8. How payment will be made: a bank transfer to the registered owner, a written receipt, and when funds are released relative to registration.
9. If a loan is planned, the lender’s valuation and conditions in writing; if a residence permit is planned, a valuation by a certified assessor.

Frequently asked questions

Is X2 Mtskhetaze Tbilisi finished?

Yes, as far as the sources say. The developer files it as completed with the date 2020, Korter files it as delivered with Q4 2019 in its page data, and Geoln gives December 2019. The profile shows the years as each source prints them and does not choose between them (all read 13 November 2026).

Where exactly is X2 Mtskhetaze Tbilisi?

At Mtskheta Street 35/37 in the Vake district of Tbilisi, according to Korter, Geoln and an OpenStreetMap building at No. 35. The developer’s page prints the street and number but no district. It is a street in the capital, not the town of Mtskheta.

Can I buy a flat in X2 Mtskhetaze Tbilisi from the developer?

The developer’s page prints no price, no stock figure and “N/A” for payment terms, and Korter says no apartments are available from the developer. Any flat on the market would be a resale from an owner, and no sale listing at this address was found on 13 November 2026.

How many apartments does X2 Mtskhetaze Tbilisi have?

The developer prints 54 apartments and 24 parking spaces. Korter and Geoln print no total. The developer’s floor selector returned 14 plan outlines with numbers up to 234, which do not map onto 54 flats, so the 54 should be confirmed against the registry or the building’s management.

What did the flats cost when sold?

Only an old Geoln page prints figures: from USD 1,100 per m² and from USD 71,500, in a sales block for a building then described as finished. It is undated, single-source and stale, and is not a current price or a resale price.

Does a flat here give a residence permit?

The test is the assessed market value of the property. For a short-term permit the Public Service Development Agency describes title to property other than agricultural land with a market value exceeding USD 150,000 equivalent in lari, set by an accredited assessor. The building itself does not change that test.

Other x2 projects and nearby Tbilisi listings

x2.ge lists four current and six completed projects. The completed rows below show what x2.ge prints for each on 13 November 2026, and the Vake rows are profiles of other developers read here only for district and status.

All Georgian projects published here are collected on the Georgia country page. The rows above are not ranked.

Sources and last check

Last checked: 13 November 2026. Sources:

• x2: X2 Mtskhetaze project page and floor selector (x2.ge, 13 November 2026)
• x2: projects page (13 November 2026)
• x2: About page (13 November 2026)
• x2: contact page (13 November 2026)
• Korter: Mtskheta St, 35/37 in Tbilisi (13 November 2026)
• Korter: X2 Development developer page (13 November 2026)
• Geoln: Mtsketa st 35/37 (page published 09.01.2020, read 13 November 2026)
• Geoln: X2 Development developer page (13 November 2026)
• OpenStreetMap: building way 1080622552 at 35 Mtskheta St, Vake (Nominatim lookup, 13 November 2026)
• Entrepreneur Georgia: X2 Development, 23 October 2019 (Georgian)
• Wikipedia: Vake District
• Wikipedia: Vake Park (coordinates)
• Wikipedia: Tbilisi State University (coordinates)
• Wikipedia: Rustaveli (Tbilisi Metro) (coordinates)
• Wikipedia: Freedom Square, Tbilisi (coordinates)
• Civil Code of Georgia, Articles 183 and 312 (matsne.gov.ge)
• Tax Code of Georgia, English text, Articles 82, 202 and 206 (matsne.gov.ge)
• EY Georgia: Tax and Law Brief, July to September 2026
• NAPR: immovable property registration fees
• NAPR: informational services fees
• Hague Conference: Apostille Convention status table
• Public Service Development Agency: residence permits
• National Bank of Georgia: PTI and LTV requirements

This is not legal, tax or financial advice.