Archi Horizon Tbilisi is a three-block residential complex that Archi is building at 109 Vakhtang Gorgasali Street in the Ortachala area of Tbilisi, and the developer’s own pages show construction progress of 6% for Block A, 2% for Block B and 0% for Block C on 13 October 2026.

This guide to Archi Horizon Tbilisi reads archi.ge as it stood on 12 November 2026 and sets beside it what Korter, a Dubai broker’s page and a Realting listing print about price, floors, units and handover, each with its source and date. The developer prints no price and no handover date for the project, so the guide shows every third-party figure side by side and does not choose between them. It adds sourced background on the Ortachala location and on the Georgian rules for buying, tax and residence.
The developer’s project page describes Archi Horizon as a complex in the green area of Ortachala, at 109 Vakhtang Gorgasali Street, built as three residential blocks named A, B and C. It places the site a few minutes from Freedom Square, ten minutes from the historic centre and close to the airport; section 6 sets those travel times beside measured distances. The page also carries promotional wording about the view and the project’s appeal, which this guide does not repeat.

According to the block pages (A, B, C), Block A has 39 floors of which 3 are underground, Block B has 32 of which 4 are underground, and Block C has 31 of which 4 are underground. The facilities listed are an outdoor swimming pool, a fitness hall, padel courts, football and basketball courts, a neighbourhood lounge, children’s and recreation areas and parking. The materials list names YTONG blocks, low-emission glass and Heidelberg concrete.
What archi.ge does not print matters as much to a buyer. The project and block pages give no price, no handover date, no payment plan, no total unit count, no finish description, no permit number and no name for the entity that signs the sale contract. The public flats feed lists 820 flats and 4 offices as unsold on 12 November 2026, and its price field shows 0 for every record, which is how the feed signals that no price is published.
Third-party pages fill some of the gaps and disagree with one another, and with archi.ge, on the district name, the number of floors and the handover quarter. This guide gives each figure with its source and date. The key facts below are those of archi.ge unless another source is named.
| Archi Horizon Tbilisi key facts | As published (archi.ge, checked 12 November 2026, unless stated) |
|---|---|
| Location | Ortachala, Tbilisi; 109 Vakhtang Gorgasali Street. OpenStreetMap places number 109 in Krtsanisi District; portals use other district names (section 2) |
| Developer | Archi (archi.ge); no hotel brand or operator is named for this project |
| Status | Under construction: 6% (Block A), 2% (Block B), 0% (Block C) on 13 October 2026, per the archi.ge progress log |
| Blocks and floors | A: 39 floors, 3 underground; B: 32 floors, 4 underground; C: 31 floors, 4 underground |
| Units | Counters per block: A 488, B 448, C 297 (sold plus for sale); no total for the complex is printed |
| Unit types | Flats with a feed room count of 1 to 4, and 4 offices in Block A |
| Sizes in the unsold list | Flats 35.6 to 156.1 m²; offices 337.7 to 1,258.5 m² |
| Price from | Not printed by the developer. Third-party indications are in section 5 |
| Handover | Not printed by the developer. Third parties print Q4 2028, Q1 2029, February 2029 and 2029 (section 2) |
| Finish | Not stated on archi.ge; Korter prints “green frame” |
| Payment plan | Not printed on archi.ge; a broker page prints three plans (section 5) |
| Facilities listed | Outdoor pool, fitness hall, padel courts, football and basketball courts, lounge, children’s areas, parking |
| Materials listed | YTONG blocks, low-emission glass, Heidelberg concrete |
Four public pages describe the project: archi.ge, the Korter new-build portal, a page on opr.ae from a Dubai broker, and a Realting listing. They were read on 12 November 2026. Each cell gives the value as printed, and an empty cell says that the source is silent. The developer’s page is quoted as per the developer; every other figure is attributed to its site and to the date that site shows.

| Item | Per the developer (archi.ge, 12 Nov 2026) | Korter (data as of 26 Oct 2026) | OPR broker page (undated) | Realting (update printed as 06/08/2026) |
|---|---|---|---|---|
| Area name | Ortachala, 109 Vakhtang Gorgasali St | Header: Krtsanisi; text: where Ortachala and Isani meet | Isani | Tbilisi, Vakhtang Gorgasali St 109 |
| Buildings | Three blocks: A, B, C | Three houses listed; text also says a single 36-storey tower | “36-storey tower” | Not stated |
| Floors | A 39 (3 underground); B 32 (4); C 31 (4) | A 36; B 32; C 31 | 36 | Not stated |
| Apartments | Counters A 488, B 448, C 297 | A 488, B 448, C 297 | Not stated | Not stated |
| Start of works | First log entry 14 Jun 2026 (demolition completed) | Block A: start Q2 2025 | Not stated | Not stated |
| Handover | Not printed | Block A: Q1 2029; B and C: none | Q4 2028 (page header); 2029 (details and plan labels) | February 2029 (text); 2029 (year of construction) |
| Price | Not printed (feed price 0) | Price upon request, all layouts | From USD 70K (studio) | Not printed |
| Finish | Not stated | Green frame | Not stated | Not stated |
| Payment plan | Not printed | Not stated | Three plans | Not stated |
| Listing state | Counters: 820 for sale | 104 listings for sale | Not stated | Flagged “Sold or out of date” |
Handover. archi.ge leaves the project end date empty for all three blocks. Korter prints Q1 2029 for Block A only. OPR prints Q4 2028 at the top of its page and 2029 in its details block and in the labels of its payment plans. Realting prints February 2029 in its description and 2029 as the construction year. None of these is a contractual date, and the date that binds a buyer is the one written in the sale agreement.
Start of works. Korter lists Block A with a start in Q2 2025. The construction log on archi.ge begins on 14 June 2026, when demolition was recorded as completed and the foundation pit of Block A as in progress. A release that archi.ge published on 27 June 2025 announced a sales day for 5 July and said the event came just before construction begins. These are three dated statements about different things, and the guide does not reconcile them.
Floors. For Block A, 39 floors minus 3 underground gives 36 above ground, the figure that Korter and OPR print. The same subtraction on Block B (32 minus 4) and Block C (31 minus 4) gives 28 and 27, whereas Korter prints 32 and 31 and the flats feed on archi.ge reaches floors 31 and 29. No page explains how the underground levels are numbered, so the floor count of each block is safest taken from the permit drawings.
Buildings and district. Korter’s list of houses shows three blocks, while its descriptive text, like the OPR page, speaks of one tower. archi.ge names three blocks and gives each its own page, log and flats list, which is the structure this guide follows. For the district, four labels appear: Ortachala, Krtsanisi, a meeting of Ortachala and Isani, and Isani. The OpenStreetMap record for number 109 sits in the Ortachala quarter of Krtsanisi District, as section 6 shows.
archi.ge shows a construction percentage and a dated photo log for each block. The percentages on 13 October 2026 were 6% for Block A, 2% for Block B and 0% for Block C, and all three blocks carry the status Ongoing. The table sets the block data beside the sold and for-sale counters, which the developer prints per block and not for the complex.

| Block | Floors per archi.ge | Progress, 13 Oct 2026 | Sold counter | For-sale counter | Sum of the two | Korter, 26 Oct 2026 |
|---|---|---|---|---|---|---|
| A | 39 (3 underground) | 6% | 229 | 259 | 488 | 36 floors; 488 apartments |
| B | 32 (4 underground) | 2% | 143 | 305 | 448 | 32 floors; 448 apartments |
| C | 31 (4 underground) | 0% | 41 | 256 | 297 | 31 floors; 297 apartments |
| Three blocks | Not applicable | Not applicable | 413 (calculated) | 820 (calculated) | 1,233 (calculated) | No total printed |
The total of 1,233 is calculated here by adding the three per-block sums; neither archi.ge nor Korter prints a total for the complex. The for-sale counters add up to 820, the number of flats in the feed. On these counters 259 of 488 in Block A (53%), 305 of 448 in Block B (68%) and 256 of 297 in Block C (86%) are shown as unsold, and 66.5% of the three blocks together. The counters are the developer’s own and change as sales are recorded.
The log below lists every entry on the block pages as of 12 November 2026, in date order. Block C has no entries.
| Date on archi.ge | Block | Entry, paraphrased | Progress shown |
|---|---|---|---|
| 14 Jun 2026 | A | Demolition completed; foundation pit work in progress | Not shown per entry |
| 14 Jul 2026 | A | Pit excavation in progress; sheet-pile wall framework in preparation | Not shown per entry |
| 7 Aug 2026 | A | Sheet-pile wall frame preparation nearing completion; pit excavation in progress | Not shown per entry |
| 7 Sep 2026 | A | Same two statements as on 7 August | Not shown per entry |
| 8 Sep 2026 | B | Pit excavation started | Not shown per entry |
| 13 Oct 2026 | A | Ground treatment of the pit nearing completion | 6% |
| 13 Oct 2026 | B | Ground treatment of the pit completed | 2% |
| 13 Oct 2026 | C | No entry | 0% |
Read as dated statements, the log shows Block A moving from demolition to pit excavation and the sheet-pile wall frame through the summer, with ground treatment of the pit nearing completion in mid-October. Block B’s excavation began on 8 September and its ground treatment was recorded as completed on 13 October. The log gives no programme or target dates, so the percentages cannot be turned into a completion date.
ENVIROS. On 2 July 2026 archi.ge published a release saying that the consultancy ENVIROS reviewed the thermal-envelope design of Blocks A, B and C and that Archi and ENVIROS signed a memorandum of cooperation. ENVIROS published its own item on 4 July 2026, which says the assessment found above-standard performance and that the project already exceeds the energy certification requirements taking effect in Georgia in 2027. Both are statements about a design review, not about a finished building.
Facilities. The project page lists an outdoor swimming pool, a fitness hall, padel courts, football and basketball courts, a neighbourhood lounge and parking, and its infrastructure icons add a children’s playground and an item titled Stadium. The block data carry parking floor plans for levels -3, -1 and 1 in Block A, level -1 in Block B and level -2 in Block C. The pages give no number of parking places and do not say whether a place is sold with an apartment.
Materials. The page names YTONG energy-efficient blocks, which it calls a German brand, low-emission glass and Heidelberg concrete. Korter’s descriptive text adds a monolithic reinforced-concrete frame, three-metre ceilings and imported lifts; that wording is the portal’s, and the developer’s pages do not repeat it. Neither page gives a specification for windows, floors or kitchens.
Design. Georgia Today, in an item of 23 June 2026 that carries Archi’s announcement of a sales day, names Wei Yap Ooi as the architect of the project. The project and block pages on archi.ge name no architect, so the attribution rests on that press item.
The flats feed behind the archi.ge block pages lists the units that are not sold: 263 for Block A (259 flats and 4 offices), 305 for Block B and 256 for Block C, 824 in all. Every record carries a price of 0. The feed labels each flat with a room count and publishes no bedroom count, bathroom count or finish, so the tables use the feed’s own room count and the areas it shows.



| Block | Room count in feed | Units listed | Minimum (m²) | Maximum (m²) |
|---|---|---|---|---|
| A | 1 | 107 | 36.2 | 55.3 |
| A | 2 | 41 | 38.4 | 71.0 |
| A | 3 | 88 | 69.1 | 88.4 |
| A | 4 | 23 | 121.0 | 127.3 |
| A | Offices | 4 | 337.7 | 1,258.5 |
| B | 1 | 39 | 38.6 | 41.8 |
| B | 2 | 150 | 53.2 | 79.9 |
| B | 3 | 90 | 53.9 | 108.8 |
| B | 4 | 26 | 153.2 | 156.1 |
| C | 1 | 46 | 35.6 | 50.2 |
| C | 2 | 130 | 50.7 | 87.6 |
| C | 3 | 80 | 84.3 | 98.1 |
Block B lists 150 of the 321 two-room flats and 26 of the 49 four-room flats in the feed, and Block C lists no four-room flat at all. Block A lists 107 of the 192 one-room flats. Across the three blocks the feed holds 192 one-room, 321 two-room, 258 three-room and 49 four-room flats, which adds up to 820.
| Flat size band (m²), 820 flats | Block A | Block B | Block C | All three |
|---|---|---|---|---|
| Under 40 | 89 | 16 | 17 | 122 |
| 40 to under 60 | 41 | 154 | 111 | 306 |
| 60 to under 80 | 76 | 48 | 21 | 145 |
| 80 to under 100 | 30 | 34 | 107 | 171 |
| 100 to under 130 | 23 | 27 | 0 | 50 |
| 130 and above | 0 | 26 | 0 | 26 |
| Total flats | 259 | 305 | 256 | 820 |
The median listed flat is 59.4 m² and the mean is 67.7 m², both calculated from the 820 records. Block A lists 89 flats under 40 m², which is 34% of its 259. Block C lists none of 100 m² or more, and Block B is the only block with flats of 130 m² or more, 26 of them. The bands show the mix on offer in the feed; they do not show what was sold earlier.
| Room count in feed | Feed, all three blocks (m², units) | Korter, 26 Oct 2026 (m²) | OPR, undated (m²) |
|---|---|---|---|
| 1 | 35.6 to 55.3 (192) | Studios 35.6 to 42.8; “1-room” 57.2 | Studios from 37.1; 1-bedroom from 55.9 |
| 2 | 38.4 to 87.6 (321) | 2-room 50.2 to 86.1 | 2-bedroom from 86.6 |
| 3 | 53.9 to 108.8 (258) | 3-room 68.3 to 106.5 | Not stated |
| 4 | 121.0 to 156.1 (49) | 4-room 120.1 to 153.2 | Not stated |
The labels do not line up. Korter splits the feed’s one-room flats into studios and a single 57.2 m² one-room type, which lies above the top of the feed’s one-room range (55.3 m²), and OPR’s one-bedroom from 55.9 m² also sits above it.
In the feed, the three-room flats of Block B start at 53.9 m² and overlap its two-room range of 53.2 to 79.9 m². The feed’s room count therefore cannot be read as a bedroom count, and the area and plan of the numbered unit are the safer guide.
By floor, the unsold flats are spread through each tower. In Block A, 50 flats are on floors 2 to 10, 64 on floors 11 to 20, 83 on floors 21 to 30 and 62 on floors 31 to 36. Block B lists 76, 109 and 120 on floors 4 to 10, 11 to 20 and 21 to 31, and Block C lists 76, 94 and 86 on floors 3 to 10, 11 to 20 and 21 to 29. The floor numbers are those of the feed.
Block A’s four offices sit on levels from -2 to 2 of the feed, with areas from 337.7 to 1,258.5 m². The project page says nothing about commercial space, so its use is not stated. Korter shows 104 listings for sale on 26 October 2026, a different unit of count from the 820 flats in the feed, because a listing and a unit are not the same thing.
No price for the complex is printed by the developer. archi.ge sets its has-flats-price flag to false for the project, and the flats feed shows 0 for each of the 824 unsold records. Prices that appear elsewhere are listing-site or broker indications and are not Archi prices. The table gives each with its date and what it covers.

| Source and date | What it prints | What it covers |
|---|---|---|
| archi.ge, 12 Nov 2026 | No price; feed price 0 for every record | All three blocks |
| Korter, data as of 26 Oct 2026 | Price upon request for studios, 1-, 2-, 3- and 4-room layouts; no price per m² | Green frame finish |
| OPR, undated, read 12 Nov 2026 | Launch price from USD 70K; studio from USD 70K, 1-bedroom from USD 96K, 2-bedroom from USD 140.8K | Broker marketing page; unit numbers and finish not stated |
| Realting, update printed as 06/08/2026 | No price on the page | Listing flagged as sold or out of date |
The OPR page is a broker’s marketing page. It also lists projected-return figures, which this guide does not reproduce. Its three from-prices are the only per-type figures found. Korter shows a request-only price for every layout, so no unit price can be taken from it. The table that follows applies arithmetic to the OPR figures and the official exchange rate.
| OPR from-price (Archi Horizon Tbilisi) | USD | GEL at 2.5933 | OPR from-area (m²) | USD per m² (calculated) | Against USD 150,000 (GEL 388,995) |
|---|---|---|---|---|---|
| Studio | 70,000 | 181,531 | 37.1 | 1,887 | Below |
| 1-bedroom | 96,000 | 248,957 | 55.9 | 1,717 | Below |
| 2-bedroom | 140,800 | 365,137 | 86.6 | 1,626 | Below |
The ratios in the fifth column divide OPR’s from-price by OPR’s from-area. OPR does not say that the two belong to the same unit, so the ratios are arithmetic and not a price per square metre published by anyone. The National Bank of Georgia official rate valid on 12 November 2026 is USD 1 = GEL 2.5933. The residence-permit property threshold of USD 150,000 equals GEL 388,995 at that rate, and all three from-prices are below it.
For a city-wide reference, Geostat publishes a quarterly Residential Property Price Index for new homes in Tbilisi, calculated in lari; the third-quarter 2026 release is dated 23 October 2026. It measures the city market and says nothing about this project, so it is context and not a price for Archi Horizon. The Tbilisi real estate prices guide discusses district averages and the definitions behind a price per square metre.
Payment terms. The payment-terms field of the project page is empty. The archi.ge release of 27 June 2025 describes financing of up to 12 years with no income check and no down payment for apartments under construction; that is a 2025 statement for a sales day and not a current schedule. OPR prints three plans, set out below, and its labels put the final payment at handover in 2029.
| OPR payment plan | At booking | During construction | At handover |
|---|---|---|---|
| Plan I | 20% | 60% | 20% |
| Plan II | 10% | 70% | 20% |
| Plan III | 30% | 30% | 40% |
Sales-day prices. archi.ge announced a one-day sales day for 5 July 2025 and Georgia Today carried the announcement of a second one for 5 July 2026, each described as a special price offered for one day. A report of 6 July 2026 came from the developer’s release. None of the pages checked shows what the price was, so there is no event price in this guide and no basis for a price per square metre from it.
The page data on archi.ge gives the coordinates 41.6707875, 44.8403828 for all three blocks. The OpenStreetMap record at that point is house number 109 on Vakhtang Gorgasali Street, in the Ortachala quarter of Krtsanisi District, postcode 0114. That agrees with the developer’s address and with the Krtsanisi label in Korter’s page header, while the broker’s Isani label and Korter’s text about the meeting of Ortachala and Isani reflect the neighbouring Isani area.

The street carries the name of King Vakhtang Gorgasali, whom the Georgian National Tourism Administration names in the legend of the city’s founding. The same page describes the domed sulfur baths of Abanotubani and the Metekhi church above the river as sights of Old Tbilisi, and both lie about 3 km from the site in a straight line. archi.ge describes the historic centre as 10 minutes away, without saying by which means of travel.
Tbilisi is the national capital. Geostat’s release on the population as of 1 January 2026 gives 1,369.4 thousand people for the city out of 3,941.1 thousand in Georgia, and says that more than a third of the country’s population lives in Tbilisi. Those figures cover the whole city, and the release carries no breakdown for Ortachala or Krtsanisi.
The distance table uses landmark coordinates from OpenStreetMap and road routes calculated with the public OSRM service on 12 November 2026. Straight-line figures are great-circle distances from the coordinates above. Road figures follow the routing engine’s car network, and its times assume free-flowing traffic, so peak-hour journeys will take longer.
| Place | Straight line from the site | Road (OSRM) | Free-flow time | What the sources print |
|---|---|---|---|---|
| Tbilisi central bus station, Ortachala | 0.67 km | 1.7 km | 3 min | Korter: less than 1.5 km (it calls it Ortachala Bus Station) |
| Isani Mall | 1.36 km | 2.8 km | 5 min | OPR: 4 min by car |
| Isani metro station | 1.76 km | 3.0 km | 5 min | OPR: 5 min walk; Korter: 25 to 30 min by bus or minibus |
| Abanotubani sulfur baths district | 3.05 km | 4.4 km | 7 min | archi.ge: historic centre 10 minutes away |
| Avlabari metro station | 3.14 km | 4.4 km | 7 min | Not printed |
| Metekhi church | 3.24 km | 4.7 km | 7 min | Not printed |
| Freedom Square | 4.13 km | 4.9 km | 7 min | archi.ge: a few minutes; OPR: 10 min by car |
| Tbilisi Central Railway Station | 6.59 km | 7.7 km | 11 min | Not printed |
| Tbilisi International Airport | 9.60 km | 16.5 km | 23 min | Korter: 30 min drive; OPR: about 25 min |
Transport as the portals describe it. Korter’s text puts the nearest bus stop 65 m from the building, served by buses 101, 102, 343, 344, 345 and 346 every eleven minutes, and the Isani metro station 25 to 30 minutes away by bus or minibus. OPR says the Isani station is a 5-minute walk. OpenStreetMap puts the Isani station 1.76 km from the site in a straight line, so the two portals do not describe the same journey, and walking the route is the simplest check.
Korter also lists schools numbered 65, 81 and 144, a private school, a kindergarten, a university, hospitals and medical centres, ministries and shops such as Gorgasali Ortachala Mall, Fresco, Nikora and Carrefour as lying nearby. That list is the portal’s description, has no distances and was not checked on the ground. OpenStreetMap places Isani Mall 1.36 km away in a straight line, which is of the same order as OPR’s drive time of four minutes.
Airport. Korter gives a 30-minute drive to Tbilisi International Airport and OPR about 25 minutes. The routing engine gives 16.5 km and 23 minutes without traffic. By the coordinates, the airport lies east of the site and Freedom Square lies west of it.
The Civil Code fixes the rule for any apartment. Under Article 183(1), the transaction must be in writing and the acquirer’s ownership right must be registered in the Public Registry. Ownership therefore begins at registration, not at payment or at the handing over of keys. Nationality matters for agricultural land under the Organic Law on Agricultural Land Ownership, and an apartment is not agricultural land. The guide on whether foreigners can buy property in Georgia covers the general position.

Fees at the National Agency of Public Registry depend on the term chosen. The 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. At USD 1 = GEL 2.5933 those are about USD 57.8, USD 104.1 and USD 135.0. The same fees apply to registering an obligation related to an ownership right, the category that may cover a contract for a unit not yet built; the registry confirms which applies.
A buyer abroad can use a power of attorney legalised for Georgia or the registry’s smart-contract service, which registers immovable-property rights online through a booked virtual meeting. Georgia acceded to the Apostille Convention on 21 August 2006, and the Hague Conference status table shows entry into force on 14 May 2007. The guide on how to buy property in Georgia gives the sequence in more detail.
| Step | Who | Time and fee | Source |
|---|---|---|---|
| Request the price list, unit plan and draft contract in writing | Buyer, developer | Not published on archi.ge | archi.ge project page |
| Order an extract of the Public Registry for the plot | Buyer, NAPR | GEL 20 in 1 working day, GEL 13 via the internet; GEL 26 extra for English | NAPR informational services fees |
| Compare the cadastral code with the extract | Buyer or lawyer | Korter prints 01.18.09.007.007; not checked against the registry | Korter |
| Sign the written agreement | Buyer, developer | Date and terms set in the contract; not published | Civil Code, Article 183 |
| Pay under the contract schedule | Buyer | No schedule published by the developer | archi.ge project 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 | NAPR smart-contract page; Hague Conference |
| Apply for a residence permit, if wanted | Buyer, 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 with Law No. 1874 of 30 September 2026, which the consolidated Tax Code lists among its amendments. Article 202(5) now sets the rate on a natural person’s taxable property other than land at 0.8% to 1% of its market value at the end of the previous year. Under Article 206(1)(a), the same property is exempt if the family earned no more than GEL 100,000 in the previous year.

The EY Georgia brief for July to September 2026 reports that the earlier exemption threshold was GEL 40,000, and guides written before the amendment may still print it.
Article 201(1)(c.a) lists real estate, including an unfinished construction, among the taxable objects of a natural person. Whether a buyer under a pre-completion contract counts as the owner for this purpose depends on the contract and the registry entry. Under Article 205 a natural person files the tax return by 1 November and pays by 15 November, dates that the Revenue Service page also gives. How the filing works in practice is set out in the guide to property tax in Georgia.
Rental income of a natural person from residential space is taxed at 5% where no deductions are made (Article 81(2)), and the general personal rate is 20% (Article 81(1)). Surplus income on the sale of a residential apartment is taxed at 5% (Article 81(3)), and the surplus on an apartment owned for more than two years is exempt (Article 82(1)(f.a)). VAT is 18% under Article 166, and whether a quoted price includes it is a term of the contract.
For residence, the Public Service Development Agency page 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, fixed by a certified assessor. It lists an investment residence permit for property exceeding USD 300,000. The Law on the Legal Status of Aliens uses the same figures in Article 15, subparagraphs h and j.
What counts is the value the assessor certifies, not the price in the contract. The OPR page prints a lower figure for the annual permit than the Agency does, so the Agency page and the law are the references. The residence permit guide covers the process.
| Item | Rule | Source |
|---|---|---|
| Property tax, individual | 0.8% to 1% of market value; exempt if the previous year’s family income did not exceed GEL 100,000; return by 1 November, payment by 15 November | Tax Code arts. 202(5), 205, 206(1)(a); EY Georgia brief |
| Rental income, individual | 5% on residential rent with no deductions; 20% general rate | Tax Code art. 81(1)-(2) |
| Sale of an apartment | Surplus taxed at 5%; exempt for a residential apartment owned for more than two years | Tax Code arts. 81(3), 82(1)(f.a) |
| VAT rate | 18%; inclusion in the price is a contract term | Tax Code art. 166 |
| Short-term residence permit | Property other than agricultural land with a market value exceeding USD 150,000 equivalent in GEL, set by a certified assessor | Public Service Development Agency; Law on Aliens art. 15(j) |
| Investment residence permit | Property exceeding USD 300,000 equivalent in GEL | Public Service Development Agency; Law on Aliens art. 15(h) |
| Exchange rate used | USD 1 = GEL 2.5933, official rate for 12 November 2026 | National Bank of Georgia |
On financing, the National Bank of Georgia sets a maximum loan-to-value ratio of 90% for loans in lari and 70% for foreign-currency loans. Payment-to-income limits for foreign-currency loans, unless the income is in that currency, are 20% of net monthly income below GEL 1,500 and 30% from GEL 1,500. For lari loans, or foreign-currency loans where the income is in the same currency, the limits are 25% and 50%.
Each bank sets its own terms for non-residents, and the mortgage guide for foreigners covers them. The developer’s own instalment terms are not published on archi.ge.
Because archi.ge leaves price, dates and contract details unpublished, each gap becomes a document or an answer that can be requested before any payment. Part of the answers belongs in the reservation form and the remainder in the sale agreement itself.

The list is a checklist of documents and answers, not a view on any of them. A lawyer licensed in Georgia can read the draft contract against it.
Archi lists several Tbilisi complexes at different stages. The table sets Archi Horizon beside six of them as archi.ge showed them on 12 November 2026: location, status, the counters the developer prints, and whether a price or a handover date appears on archi.ge. Each project has its own guide on this site, and the comparison does not rank them.

| Project | Area on archi.ge | Status per archi.ge, 12 Nov 2026 | Units as the developer prints them | Price and handover on archi.ge |
|---|---|---|---|---|
| Archi Horizon (this page) | Ortachala, Vakhtang Gorgasali St | Ongoing: A 6%, B 2%, C 0% | A 488, B 448, C 297 (sold plus for sale) | Neither printed |
| Grand Avenue by Archi | Tsotne Dadiani St, near Dinamo Arena | Ongoing: A 1%, B 4%; other blocks 0% | A 476, B 356; a further 591 flats on sale in a separate block | Neither printed |
| Archi Universe | Saburtalo, University St | Ongoing: A 65%, B 67% | Text 257; counters 173 and 176 | Neither printed |
| Archi Rivertown | Dighomi 8, David Aghmashenebeli Alley | Block A completed; B, C, E, F, G ongoing at 0% | A 40, B 55, C 55; E, F, G for sale 126, 126, 182 | Neither printed |
| Archi Lilacs | Mukhiani, R. Gabashvili St | A and B completed; C ongoing at 3% | For sale: A 8, B 48, C 244 | Neither printed |
| Archi Akhmeteli | Gldani, Sheshelidze and Gobronidze streets | A 99%, B 99%, C 13% | For sale: A 24, B 51, C 34 | Neither printed |
| King Tamar by Archi | Saburtalo, Merab Aleksidze St | Ongoing at 1% | 105 sold and 173 for sale | Neither printed |
Two patterns stand out. Archi Rivertown, Archi Lilacs and Archi Akhmeteli already have blocks completed or at 99%, while Archi Horizon, Grand Avenue and King Tamar are at the excavation or early-works stage and Archi Universe is at 65% and 67%. In every row archi.ge prints neither a price nor a handover date, so any comparison of cost or timing has to use third-party pages and the caveats of section 5.
For a Tbilisi project by a different developer, see Mira Verde in Tbilisi Hills. archi.ge states that Archi and NEXT are developing Kobuleti Beach Resort jointly, and that project has its own page on this site. The Tbilisi city page and the Georgia country page list the other properties in the portfolio.
An archi.ge news item of 4 July 2021 says the company was founded in 2006 by Ilia Tsulaia, Meni Benish and Irakli Kapianidze, entered development in 2008, and gained the basketball player Zaza Pachulia as a co-owner in 2018. The About page, read on 12 November 2026, 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 under construction.
Older Archi items give smaller figures: 31 completed and 20 ongoing buildings in 2021, and 49 completed projects in June 2024. The counters change with the date of the page. An archi.ge item of 13 June 2024 says Deloitte was engaged to audit the consolidated financial statements of Archi and its subsidiaries under International Financial Reporting Standards.
The sources read here publish no shareholder register, no number of apartments delivered and no name for the entity that sells Archi Horizon; those belong in the reservation documents. The ENVIROS memorandum is the only partnership printed on the Archi Horizon pages. The figures in this section are the developer’s own and were not checked against the Georgian company registry.
Archi Horizon Tbilisi is a residential complex of three blocks, A, B and C, under construction at 109 Vakhtang Gorgasali Street in Ortachala. The developer is Archi, whose archi.ge pages describe the project. The pages list flats of 35.6 to 156.1 m² in the unsold feed, four offices in Block A, an outdoor pool, a fitness hall, sports courts, a lounge and parking. No hotel brand or operator is named for the project.
archi.ge gives Ortachala and the address 109 Vakhtang Gorgasali Street. OpenStreetMap places that house number in the Ortachala quarter of Krtsanisi District, and Korter’s header says Krtsanisi. Korter’s text speaks of the meeting of Ortachala and Isani, and the OPR page says Isani. The coordinates on archi.ge are 41.6707875, 44.8403828, which makes the exact point easy to check on a map.
No. archi.ge prints no price for the project and its flats feed shows 0 for every unsold record. Korter shows price upon request for each layout as of 26 October 2026. A broker page on opr.ae prints from-prices of USD 70K, USD 96K and USD 140.8K for a studio, a one-bedroom and a two-bedroom; those are broker indications, not Archi prices.
archi.ge prints none. Korter prints Q1 2029 for Block A only, OPR prints Q4 2028 in its header and 2029 in its details, and Realting prints February 2029 with 2029 as the construction year. These are third-party statements. The date that binds a buyer is the one written in the sale agreement, so it should be requested in writing.
archi.ge prints counters per block and no total: Block A 488, Block B 448 and Block C 297, each the sum of sold and for-sale flats. Adding them gives 1,233, a figure calculated in this guide. Korter prints the same three block figures. The flats feed lists 820 flats and 4 offices as unsold on 12 November 2026.
On 13 October 2026 archi.ge showed 6% for Block A, 2% for Block B and 0% for Block C. The log for Block A records demolition completed on 14 June, pit excavation and the sheet-pile wall frame through the summer, and ground treatment of the pit nearing completion. Block B’s pit ground treatment was recorded as completed on 13 October.
The project page lists an outdoor swimming pool, a fitness hall, padel courts, football and basketball courts, a neighbourhood lounge, children’s areas and parking. Materials named are YTONG blocks, low-emission glass and Heidelberg concrete. ENVIROS says it reviewed the thermal-envelope design of Blocks A, B and C; that is a design review, not an inspection of a finished building.
Georgian law lets a foreigner buy an apartment, since the restriction on foreign ownership concerns agricultural land. The contract must be in writing and the buyer’s right registered in the Public Registry under Civil Code Article 183. Registration fees run from GEL 150 to GEL 350 depending on the term. Whether a pre-completion contract is registered as a right or an obligation is confirmed by the registry.
The Public Service Development Agency lists a short-term permit for property with a market value exceeding USD 150,000 equivalent in lari, set by a certified assessor. The OPR from-prices of USD 70,000 to USD 140,800 are below that figure, but the test is the assessor’s value of the registered property and not a listing price. The residence guide explains the process.
A natural person’s property tax is 0.8% to 1% of market value, with an exemption where the previous year’s family income did not exceed GEL 100,000. Rental income is taxed at 5% without deductions, and the surplus on an apartment owned for over two years is exempt on sale. NAPR fees, any VAT in the price and service charges also apply. The contract states which are included.
Last checked: 12 November 2026. Sources:
This is not legal, tax or financial advice.
