BLOX Krtsanisi Tbilisi is a completed residential complex of two low-rise blocks at 49 Krtsanisi Street, where the developer’s own flat selector listed 92 flats on 13 November 2026, 91 of them marked sold and one, the 286.6 m² flat B11, not sold.

This guide sets the developer’s page and flat records beside Korter, Property Georgia, Avezor and the press, shows each figure with its source and date, and adds the Georgian rules on registration, tax, residence and financing for the buyer of a finished building.
The developer’s project page on blox.ge describes BLOX Krtsanisi as a completed project at 49 Krtsanisi Street with two low-rise residential blocks and a planted yard of up to 6,000 m². It places the complex five minutes’ walk from the centre of Tbilisi and on the territory of the former Swiss Embassy. Those are the developer’s words and they are reported here as such. The page was read on 13 November 2026.

On the list of projects the card for this building carries the label “Premium” and the figure 100%. The site does not explain that label. Its project list is introduced as showing locations, construction progress and available apartments, and every flat record in the developer’s interface carries a completion value of 100%, so the figure is read here as the developer’s construction-progress indicator for a finished building and not as a measured quantity.
The project page prints no price, no payment plan, no description of the finish, no total number of flats and no year of handover. What it does feed is a flat selector, and the public interface behind that selector returns one record for each of 92 flats. Sections 3 and 4 read those records floor by floor and size by size. Section 5 adds the prices that listing sites print for resale flats.
Because the building is finished and the developer’s selector shows a single flat as not sold, this page is an information profile of the complex rather than a sales brochure. Korter shows 14 sale listings from 10 apartments and states that the apartments from the developer are sold. Section 8 explains how the Georgian rules read for a finished building, where the seller can be the developer or a private owner.
| BLOX Krtsanisi Tbilisi key facts | As published | Source and date |
|---|---|---|
| Address | 49 Krtsanisi St, Tbilisi | blox.ge page and project record, 13 Nov 2026 |
| District | Krtsanisi; Korter names Krtsanisi District and the Old Tbilisi area | Korter, 13 Nov 2026 |
| Developer | BLOX (blox.ge); the site does not name a contracting entity | blox.ge, 13 Nov 2026 |
| Status | “Completed project” in the page text; card label “Premium”, 100% | blox.ge, 13 Nov 2026 |
| Handover | No year on the page; flat records carry project dates 22 Mar 2021 to 22 Aug 2023; Korter: completed in 2023 | blox.ge records; Korter, 13 Nov 2026 |
| Blocks | Two low-rise residential blocks, A Block and B Block | blox.ge, 13 Nov 2026 |
| Floors | A Block 5 and B Block 4 (Korter); flats listed on floors 2 to 5 of A and floors 1 to 4 of B (developer records) | Korter; blox.ge records |
| Flats | 92 records in the developer’s interface (A 44, B 48); Korter: 90 | blox.ge records; Korter, 13 Nov 2026 |
| Sizes | 61.4 to 286.6 m² | blox.ge records and Korter |
| Flats shown as not sold | 1: B11, floor 1 of B Block, 286.6 m², four bedrooms | blox.ge records, 13 Nov 2026 |
| Price | Not on the page; record of B11: USD 515,593 (USD 1,799 per m², GEL 1,337,087) | blox.ge records, 13 Nov 2026 |
| Finish | Not stated by the developer; Korter “white frame, fully furnished”; Property Georgia “Green shell” | Korter; Property Georgia |
| Payment plan, mortgage bank | Not printed | blox.ge, 13 Nov 2026 |
| Cadastral number | 01.18.06.014.080 (listing-site figure, not checked against the registry) | Korter, 13 Nov 2026 |
Six public pages and records say something about when the complex was finished, how many flats it holds and how it is built. They were written at different dates and for different readers, and they do not print the same figures. The tables below set each figure beside its source and its date. A different figure in another source is treated as a dated difference and no figure is chosen over another.

The developer’s page uses the words “completed project” and prints no year. The same developer’s interface stores the same pair of project dates on all 92 flat records, 22 March 2021 and 22 August 2023, without saying whether they are planned or actual dates. Korter and Property Georgia give 2023 as the completion year, and a Georgian-language news item of 15 February 2024 reports the complex finished.
| Handover or completion figure | Where it is printed | Date of the source |
|---|---|---|
| “Completed project”, no year | blox.ge project page | Read 13 Nov 2026 |
| Project start 22 Mar 2021 and project end 22 Aug 2023 (fields on all 92 flat records, not labelled planned or actual) | blox.ge flat record, for example B11 | Read 13 Nov 2026 |
| Both blocks “Completed in 2023”; construction photo series March 2022 to July 2023 | Korter project page | Read 13 Nov 2026 |
| Start 2021, completion 2023 | Property Georgia project page | Page date stamp 14 Dec 2022; read 13 Nov 2026 |
| Project reported finished | Georgia Today (Georgian-language item) | 15 Feb 2024 |
| “Under construction, handover Q3 2024” for the building | Avezor agent page | Page date stamp 6 Jul 2026; read 13 Nov 2026 |
The structure of the complex is described in similar words by the developer, Korter and the press, with differences in the numbers. The developer says “two low-rise residential blocks” and does not give floor counts on the page. Korter lists two houses, Block A with five floors and Block B with four. The developer’s interface lists flats on floors 2 to 5 of Block A and on floors 1 to 4 of Block B, which agrees with those floor counts.
| Item | Developer (blox.ge, 13 Nov 2026) | Korter (13 Nov 2026) | Press and other pages |
|---|---|---|---|
| Blocks | Two low-rise residential blocks | Two houses, Block A and Block B | Georgia Today (15 Feb 2024): two low-rise residential blocks |
| Floors | Flats on floors 2 to 5 (A) and 1 to 4 (B) in the records | A 5 floors, B 4 floors | Not given |
| Number of flats | 92 records; no total printed on the page | 90 | Not given |
| Site and yard | Planted yard of up to 6,000 m² | Landscaped courtyard with playgrounds and bike paths | Georgia Today: complex on 7,800 m² |
| Former embassy | Territory of the former Swiss Embassy | Text says Embassy of Sweden | Georgia Today and Property Georgia: Swiss Embassy |
| Distance to the centre | 5 minutes’ walk | 5 minutes by car | Not given |
| Amount invested | GEL 40 million (news item, site date 20 Dec 2023) | Not given | GEL 50 million (Georgia Today, 15 Feb 2024; Property Georgia) |
Two of these differences deserve a note. The investment figure is GEL 40 million in the developer’s news item, whose site date of 20 December 2023 is shared by every item on that news page, and GEL 50 million in the February 2024 press item. They may describe the project at different points, and neither is adopted here. The second is the name of the former embassy, where the developer and two other pages say Swiss and Korter’s description says Sweden.
The count of flats is the third. The developer’s interface holds 92 records and Korter prints 90. The records were counted block by block, 44 in Block A and 48 in Block B, and the count is repeated in section 4. A third figure of about 180 flats appeared only in a search-result summary of a page that returned an access error, so it is not used.
The flat selector on blox.ge draws its data from a public interface at api.blox.ge. On 13 November 2026 a plain request was made for the project record, the record of block 13 and the record of block 14, and for each of the 92 flat records, such as flat B11. No form was filled in, no account was used and no enquiry was sent.

Every flat record repeats the project name and dates, and the counts below are taken from the floor entries and checked against the flat records.
| Block | Floor | Flats listed | Flat numbers | Not sold | Marked sold |
|---|---|---|---|---|---|
| A Block | 2 | 12 | A1 to A12 | 0 | 12 |
| A Block | 3 | 12 | A13 to A24 | 0 | 12 |
| A Block | 4 | 12 | A25 to A36 | 0 | 12 |
| A Block | 5 | 8 | A37 to A44 | 0 | 8 |
| B Block | 1 | 12 | B1 to B12 | 1 | 11 |
| B Block | 2 | 12 | B13 to B24 | 0 | 12 |
| B Block | 3 | 12 | B25 to B36 | 0 | 12 |
| B Block | 4 | 12 | B37 to B46 | 0 | 12 |
| Both blocks | 92 | A1 to B48 | 1 | 91 |
Only one floor reports a free flat: floor 1 of Block B, where 1 of 12 flats is not sold. That flat is B11. Block A holds 44 flats on floors 2 to 5, with 12 flats on each of floors 2, 3 and 4 and 8 on floor 5. The record of Block A contains no flat entries for floor 1, and the record of Block B lists four more floor entries with a number but no flat counts.
Those entries hold no data and are not counted. The sources do not say which parts of the ground level are commercial.
Korter reads the same building differently. Its project page says “Apartments from the developer are sold” under each of the two blocks, and on its page for the developer’s projects the building is marked sold out and completed in 2023. The developer’s record and Korter therefore differ on one flat. Both statements are shown below with the date they were read, and neither is preferred.
| Source | What it prints about developer stock | Date |
|---|---|---|
| blox.ge selector and records | 1 flat not sold (B11, not reserved), 91 marked sold | 13 Nov 2026 |
| Korter project page | “Apartments from the developer are sold” for Block A and Block B; 14 sale listings from 10 apartments; 46 rental listings from 12 apartments | 13 Nov 2026 |
| Korter page for the developer BLOX | Building listed under completed projects as sold out, completed in 2023 | 13 Nov 2026 |
| Avezor agent page | Three layout cards with “from” prices and a “Get current price” button | Page stamp 6 Jul 2026; read 13 Nov 2026 |
| Property Georgia | “Price From: N/A” | 13 Nov 2026 |
The percentage and the “Premium” label need one more remark. The label belongs to the project record, which stores a flag for it, and the site gives no definition. The percentage is the same 100% on the card, in the project list and in each flat record. It says that the developer shows the building as built. It does not say whether a flat is sold, and the sold or unsold status is read from the flat records alone.
A second entry exists for the ground-floor commercial space. The Office and Commercial page lists “BLOX Krtsanisi, 49 Krtsanisi St, 100%, Available”, while the record behind that entry carries a sold-out flag. The unit count, areas and prices of the commercial space are not published, and the entry is recorded here separately and not treated as a unit for sale.
Because the developer prints no price list or plan book on the page, the 92 flat records are the most detailed public description of the building. Reading them together gives the mix of sizes, the way the blocks differ and the one flat that is not sold. All counts below are made from the records read on 13 November 2026, and the totals and averages are calculated from the printed areas.

| Size class (m²) | Areas printed (m²) | Flats | Block A | Block B | Marked sold |
|---|---|---|---|---|---|
| 61.4 to 63.8 | 61.4, 62.2, 62.9, 63.8 | 38 | 20 | 18 | 38 |
| 86.3 to 88.2 | 86.3, 87.3, 88.2 | 6 | 0 | 6 | 6 |
| 104.1 | 104.1 | 16 | 8 | 8 | 16 |
| 139.5 to 142.7 | 139.5, 141.3, 142.7 | 18 | 12 | 6 | 18 |
| 164.3 to 165.3 | 164.3, 165.3 | 2 | 0 | 2 | 2 |
| 206.2 to 213.8 | 206.2, 207.6, 213.4, 213.8 | 10 | 4 | 6 | 10 |
| 255.3 | 255.3 | 1 | 0 | 1 | 1 |
| 286.6 | 286.6 | 1 | 0 | 1 | 0 |
| Total | 92 | 44 | 48 | 91 |
The printed areas add up to 10,065.5 m², of which Block A holds 4,590.0 m² and Block B 5,475.5 m². The average flat is 109.4 m² and the median is 104.1 m², both calculated. Sixty of the 92 flats, 65 percent, are 104.1 m² or smaller, and 38 are in the 61.4 to 63.8 m² class.
At the other end, 10 flats are between 206.2 and 213.8 m² and two are larger, one at 255.3 m² and one at 286.6 m².
The two blocks are not mirror images. Block A has the 20 flats of 61.4 to 62.9 m², the 12 flats of 139.5 and 141.3 m², and the four flats of 206.2 and 207.6 m² on its top floor, where the 8 flats are fewer than on the floors below.
Block B has the six flats of 86.3 to 88.2 m² and the four largest flats of 164.3, 165.3, 255.3 and 286.6 m², all on floor 1, and the six flats of 213.4 and 213.8 m² on floors 2 to 4.
The record also stores a number of rooms for each flat, but that number is not reliable as a bedroom count. The same plan is stored with two rooms in one record and three in another, and 61.4 m² appears with both values. This guide therefore gives bedroom counts only where a record carries a room list. Korter says the building offers one-, two-, three- and four-bedroom units, and the room lists that exist show up to four bedrooms.
A direction field in degrees holds a value for 60 of the 92 flats, for example 225 for B11, and the page does not say what it is measured from. The record also carries a three-dimensional plan image for flats such as B11 and a link slot for a PDF plan that is empty. Whether a plan with measured areas exists for a particular flat is a question to put to the seller in writing, and section 9 lists it.
The flat B11 is the only record with a live price. It is on floor 1 of Block B, has a living room of 61.5 m², four bedrooms and two bathrooms, and it was not reserved on 13 November 2026. The table gives the room list exactly as stored, and the sum of the rooms is calculated.
| B11 room (developer record) | Area (m²) |
|---|---|
| Living room | 61.5 |
| Bedroom | 39.1 |
| Bedroom | 29.7 |
| Bedroom | 21.9 |
| Bedroom | 17.5 |
| Closet | 5.0 |
| Closet | 4.0 |
| Hall | 16.1 |
| Bathroom | 6.0 |
| Bathroom | 5.8 |
| Balcony | 6.7 |
| Balcony | 5.5 |
| Balcony | 4.0 |
| Sum of the listed rooms | 222.8 |
| Total area printed for B11 | 286.6 |
The rooms add up to 222.8 m², of which 16.2 m² are three balconies, while the total printed for the flat is 286.6 m². The record does not say how the difference of 63.8 m² is made up. The room list stored for flat B2, which is printed at 255.3 m², is the same as the one for B11, so the room lists cannot be used on their own to compare the two flats.
A plan with measured areas for the actual flat is the document to ask for.
| B11 price item | Figure | How derived |
|---|---|---|
| Price in USD | USD 515,593 | Developer record, 13 Nov 2026 |
| Price per m² in USD | USD 1,799 | Record prints 1,799; 515,593 ÷ 286.6 = 1,799.0 (calculated) |
| Price in GEL | GEL 1,337,087 | Developer record, 13 Nov 2026 |
| Price per m² in GEL | GEL 4,665 | Record prints 4,665 (calculated check: 4,665.3) |
| Lari per dollar implied by the record | 2.5933 | GEL price ÷ USD price (calculated) |
| Official rate on 13 Nov 2026 | GEL 2.5935 per USD | National Bank of Georgia |
| USD price at the official rate | GEL 1,337,190 | USD 515,593 × 2.5935 (calculated) |
The records of the 91 flats marked sold do not carry usable prices. In 79 of them the per-m² field holds 0 or 1, and in 12 it holds a value between 1,763 and 2,550. The selector does not offer a sold flat, so these fields are stored values and not offers, and they are not used in this guide.
The only developer price for a flat in the building is the one for B11, and the page text prints no price at all.
Three kinds of price figure exist for this building. The first is the developer’s record for B11. The second is the asking price of resale flats shown on Korter, which are private or agent listings and not developer prices. The third is the “from” prices on an agent page, which the page stamps with 6 July 2026. They concern different flats at different dates and are shown side by side without ranking.

| Source | What it prints | Date |
|---|---|---|
| blox.ge records | B11: USD 515,593, USD 1,799 per m², 286.6 m²; no other flat priced | 13 Nov 2026 |
| Korter header | Apartments for sale “from $155,000” (resale and agent listings) | 13 Nov 2026 |
| Avezor | Header from USD 1,900 per m²; 86.3 m² from USD 163,970; 139.5 m² from USD 320,850; 255.3 to 286.6 m² from USD 485,070; condition “White frame” | Page stamp 6 Jul 2026; read 13 Nov 2026 |
| Property Georgia | Price From: N/A | 13 Nov 2026 |
Dividing the Avezor totals by the printed areas gives USD 1,900 per m² for the 86.3 m² card (163,970 ÷ 86.3) and for the 255.3 m² card (485,070 ÷ 255.3, using the smaller area of the group), and USD 2,300 per m² for the 139.5 m² card (320,850 ÷ 139.5), all calculated. The page does not say whether the three cards are developer prices or agent figures.
The 485,070 figure is for the 255.3 to 286.6 m² group and the developer’s record for B11, the largest flat, is higher at USD 515,593. The two are not like for like.
The four listings below were the ones shown in the sale block of the Korter page on 13 November 2026. The floor and block labels are the advertisers’ entries. Some do not match the floor counts in Korter’s own block table, since one listing says “5 of 5” for Block B, which Korter lists with four floors, and that difference is recorded here without reconciling it.
| Resale listing on Korter | Asking price | USD per m² as printed | Rooms and area | Floor and block as printed |
|---|---|---|---|---|
| Listing 1 | USD 155,000 | USD 2,500 | 2 rooms, 62 m² | 1 of 4, Block A |
| Listing 2 | USD 282,000 | USD 2,686 | 3 rooms, 105 m² | 5 of 5, Block B |
| Listing 3 | USD 315,000 | USD 3,029 | 3 rooms, 104 m² | 3 of 5, Block A |
| Listing 4 | USD 428,000 | USD 3,057 | 4 rooms, 140 m² | 3 of 4, Block B |
Taken only from these four listings, the asking rate runs from USD 2,500 to USD 3,057 per m². For comparison, the developer’s record for B11 gives USD 1,799 per m², Avezor gives USD 1,900 to 2,300 per m² on cards stamped 6 July 2026, and the largest resale listing in the block is for 140 m². The comparison is arithmetic only.
The resale prices are asks and not sales, the sizes differ, and the finish of B11 is not stated.
Korter also shows rental listings, 46 of them from 12 apartments on 13 November 2026. They are outside the scope of this guide, which does not use any rent figure. A reader who sees a different price on another portal should look at the date on that portal, since a listing can stay online after the flat is sold, and should ask the seller for the written price and the unit number.
The developer’s page lists six items under benefits: parking, a well-kept and planted yard of up to 6,000 m², views of Old Tbilisi, a children’s entertainment area, a 24-hour security system and a concierge. It does not describe the state in which a flat is handed over. Three other pages do, and they use different terms, so the table gives each wording with its source.

| Source | Finish wording | Date |
|---|---|---|
| blox.ge project page | Not stated | 13 Nov 2026 |
| Korter | Characteristics: “white frame, fully furnished”; text: the developer “offers two options: white frame and full renovation” | 13 Nov 2026 |
| Property Georgia | Condition: “Green shell”; property type “Mixed Use” | 13 Nov 2026 |
| Avezor | Condition: “White frame”; text mentions white frame and fully finished options | Page stamp 6 Jul 2026 |
None of the sources defines white frame or green shell, and the contents of each term depend on the seller’s specification. A buyer who is shown a flat in this building should ask which of the finishes in the table applies to that unit and what the contract lists for floors, doors, sanitary fittings, kitchen and heating.
Building facts come mostly from Korter, with a few items from the developer and the press. Korter prints monolithic-frame construction, ceilings of 3.2 m, four passenger lifts, double-glazed windows, aluminium doors and open balconies with glass railings. It describes a rainscreen facade, while the press item speaks of ventilated, energy-efficient facade materials. The table lists the items with their source and does not combine them into one specification.
| Building item | As printed | Source |
|---|---|---|
| Construction | Monolithic frame | Korter, 13 Nov 2026 |
| Ceiling height | 3.2 m | Korter, 13 Nov 2026 |
| Lifts | 4 passenger lifts; the developer’s news item names KONE lifts | Korter; blox.ge news item (site date 20 Dec 2023) |
| Facade | Rainscreen cladding (Korter); ventilated facade materials (Georgia Today) | Korter; Georgia Today, 15 Feb 2024 |
| Parking | Parking (developer benefits list); underground and guest parking (Korter); underground car parks (Georgia Today) | blox.ge; Korter; Georgia Today |
| Utilities | Gas, water, electricity, sewerage, central heating | Korter, 13 Nov 2026 |
| Security | 24/7 security system and concierge (developer); CCTV (Korter) | blox.ge; Korter |
| Yard and play | Planted yard of up to 6,000 m² and children’s entertainment area (developer); playgrounds, cycle paths, recreation area (Korter) | blox.ge; Korter |
| Fitness | Fitness centre or gym listed by Korter; not in the developer’s benefits list | Korter, 13 Nov 2026 |
| Commercial space | Commercial units on the ground level; count not published | blox.ge news item; Georgia Today; Korter |
The developer’s news item is written in the future tense and speaks of a project “underway”, which fits the date 20 December 2023 on the page and not the present state of the building, so it is used here only for the lift brand, the commercial spaces and the investment figure. The press item and the project page are the sources for the completed state.
The address on the developer’s page is 49 Krtsanisi Street. Korter files the building under Krtsanisi, in the Krtsanisi District and the Old Tbilisi area, and places the map pins around 41.674 N, 44.815 E. The developer does not print coordinates, because its map is a short link, so the position used for distances here is the centre of Korter’s pins and is approximate at building level.

According to Wikipedia, Krtsanisi is an administrative district of Tbilisi whose neighbourhoods include Krtsanisi, Abanotubani, Kala, Ortachala, Kharpukhi and Ponichala. The list shows that the district reaches the Old Tbilisi bath district of Abanotubani and also Ortachala, which fits Korter’s placing of the address in the Old Tbilisi area. The name Krtsanisi is also the place where the battle of September 1795 was fought, according to Wikipedia’s account.
The developer’s page and Korter describe the neighbourhood in similar terms. The developer says that several embassies and many diplomatic institutions are in the surrounding area. Korter calls Krtsanisi a quiet district with embassies and other diplomatic offices and no major roads or manufacturing companies nearby. Neither statement was checked here against an official list of diplomatic missions, and both are attributed to their authors.
On access, Korter says the centre of Tbilisi is five minutes away by car, that a bus stop is close by with route 331 running to the centre, that a ride to Narikala Fortress takes about 15 minutes, and that the airport is about 20 minutes away by car. The developer’s own wording is a five-minute walk to the centre. No page defines “the centre”, so the table gives straight-line distances to named places, which cannot be shorter than any walking or driving route.
| Place (straight-line from the approximate building position) | What it is | Straight-line distance | Position source |
|---|---|---|---|
| National Botanical Garden of Georgia | Botanical garden in the Tsavkisis-Tskali Gorge | 1.5 km | Wikipedia coordinates |
| Abanotubani | Historic bath district of Tbilisi | 1.6 km | Wikipedia coordinates |
| Narikala fortress | Fortress above the Mtkvari | 1.6 km | Wikipedia coordinates |
| Bridge of Peace | Pedestrian bridge over the Mtkvari | 2.2 km | Wikipedia coordinates |
| Freedom Square | Central square of Tbilisi | 2.4 km | Wikipedia coordinates |
| Tbilisi railway station | Main railway station | 5.4 km | Wikipedia coordinates |
| Tbilisi International Airport | Airport | 11.6 km | Wikipedia coordinates |
The distances are calculated by the great-circle formula from the approximate position of the building and from the coordinates in each Wikipedia article, and they are rounded to 0.1 km. They are not walking or driving distances, and a route through the lanes below Narikala or across the river is longer. Wikipedia describes the airport as 17 km south-east of the capital, a distance measured from the city, which is a different measure from the one in the table.
Korter lists the following places near the complex without distances. Under education it names Krtsanisi Marji, Geomedi University, a kindergarten and Public School No. 144, under medical facilities New Hospitals and a pharmacy, under shopping Nikora, Fresco and Europroduct, and under cafes the Residence restaurant, Tamarioni and August Bakery. It adds tennis courts, parks, an Orthodox church and some hotels and guest houses. The list is a listing-site description.
A buyer who relies on one of these places should check its address and opening status on site.
A finished building changes the order of the usual checks. There is no construction schedule to read, so the question becomes who owns the flat today, what is registered against it and in what state it is handed over. The seller can be the developer, for the one flat still shown as not sold, or a private owner who bought earlier. In both cases the Public Registry record is the document that decides.
Georgian law lets a foreigner own an apartment on the same terms as a citizen. The restricted category is agricultural land, which Article 4 of the Organic Law on Agricultural Land Ownership limits to the state, municipalities, citizens and certain Georgian entities, and a city apartment is not such land. Under Article 183 of the Civil Code, an immovable thing is acquired by a written transaction and the registration of the acquirer’s right in the Public Registry.
The site’s guides on whether foreigners can buy property in Georgia and on how to buy property in Georgia give the general background.
The National Agency of Public Registry publishes one fee schedule for registering the change, origin or termination of a right to immovable property, and the fee depends on the speed chosen and not on the price. An extract from the registry costs GEL 20 within one working day, or GEL 13 if ordered online, and GEL 26 more is added when the extract is requested in English (NAPR information fees).
The dollar column below is arithmetic at the official rate of GEL 2.5935 per USD valid from 13 November 2026.
| Registration of a right | Fee (NAPR) | About in dollars |
|---|---|---|
| within 4 working days | GEL 150 | USD 57.8 |
| within 1 working day | GEL 270 | USD 104.1 |
| on the day of filing | GEL 350 | USD 135.0 |
A buyer abroad can sign in one of two ways. A power of attorney can be apostilled, and the Hague Conference status table records that the Apostille Convention has applied to Georgia since 14 May 2007. The other way is the registry’s online smart-contract service, where a virtual meeting is booked. Which of the two the seller accepts is something to settle before any payment, and the fee page for both is the NAPR source above.
| Step | Who | Typical cost or time | Source |
|---|---|---|---|
| Obtain the unit number, area, finish and written price | Buyer, seller | Not published on blox.ge, except the B11 record | blox.ge records |
| Order a registry extract for the unit and match the cadastral code | Buyer, lawyer, NAPR | GEL 20 in one working day, GEL 13 online; GEL 26 extra for English | NAPR information fees |
| Check who the registered owner is, and any mortgage or other burden shown | Buyer, lawyer | Read from the extract | NAPR information fees |
| Sign the written agreement | Buyer, seller | Terms are set in the contract | Civil Code, Art. 183 |
| Pay under the agreed route | Buyer | Set in the contract | Contract |
| Register the right | Buyer, NAPR | GEL 150, 270 or 350 by speed | NAPR fee page |
| Sign from abroad if needed | Buyer, NAPR | Apostilled power of attorney or booked virtual meeting | NAPR smart contract |
On tax, the rules for individuals changed on 30 September 2026. The amendment history in the English text of the Tax Code on matsne.gov.ge lists Law No. 1874 of 30 September 2026.
Under Article 202(5) the rate on the taxable property of a natural person, other than land, is not less than 0.8 and not more than 1 percent of its market value at the end of the previous year, and Article 206(1)(a) exempts it when the family’s income in the previous year did not exceed GEL 100,000.
The EY Georgia Tax and Law Brief for July to September 2026 gives the earlier exemption limit as GEL 40,000, and older guides still quote it. A natural person files the return by 1 November and pays by 15 November (Article 205(12) and (14)), and the Revenue Service page has a calculator. The guide to property tax in Georgia covers the filing.
The table below is arithmetic only, showing 0.8 and 1 percent of three prices as if each were the market value, which is the tax base set by the authority and not the contract price.
| Illustration (not a tax assessment) | Price taken as the value | Tax at 0.8% to 1% in USD | Same in GEL at 2.5935 |
|---|---|---|---|
| Lowest resale ask on Korter (62 m²) | USD 155,000 | USD 1,240 to 1,550 | GEL 3,216 to 4,020 |
| Highest resale ask on Korter (140 m²) | USD 428,000 | USD 3,424 to 4,280 | GEL 8,880 to 11,100 |
| B11 price in the developer API | USD 515,593 | USD 4,125 to 5,156 | GEL 10,698 to 13,372 |
Rent and resale are taxed on a different basis. Article 81 puts residential rent received by an individual who claims no deductions at 5 percent, against a general rate of 20 percent, and the surplus from supplying a residential apartment at 5 percent. Article 82(1)(f.a) leaves out of income the surplus on a residential apartment owned for more than two years. Article 166 sets VAT at 18 percent, so the agreement should say whether a price already contains it.
On residence, the Public Service Development Agency describes a short-term permit for a foreigner who holds title to non-agricultural immovable property with a market value exceeding USD 150,000 equivalent in lari, set by a certified assessor, and an investment permit for property exceeding USD 300,000. The Law on the Legal Status of Aliens and Stateless Persons uses the same words. At GEL 2.5935 per USD the first line is GEL 389,025 and the second GEL 778,050.
The value that counts is the assessed one, so a price of exactly USD 150,000 does not exceed the line.
Against these lines, the B11 price of USD 515,593 and all four resale asks, from USD 155,000 to USD 428,000, are above USD 150,000, and only the B11 price is above USD 300,000. These are prices and the permit tests an assessor’s value, so the comparison says nothing about the result of an assessment. The guide to a residence permit in Georgia explains the application.
For 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 loans in foreign currency. The developer’s pages name no bank and no instalment plan for this building. The guide to mortgages in Georgia for foreigners describes how banks treat non-resident buyers.
| Item | Rule | Source |
|---|---|---|
| Property tax, individual | 0.8 to 1 percent of the previous year-end market value; nothing due if the previous year’s family income was GEL 100,000 or less; return by 1 November, payment by 15 November | Tax Code arts. 202(5), 205, 206(1)(a) |
| Rental income, individual | 5 percent on residential rent with no deductions; 20 percent general rate | Tax Code art. 81 |
| Sale of an apartment | 5 percent on the surplus; surplus excluded when a residential apartment was owned for more than two years | Tax Code arts. 81(3), 82(1)(f.a) |
| VAT | 18 percent | Tax Code art. 166 |
| Short-term residence permit | Non-agricultural property with an assessed market value exceeding USD 150,000 equivalent in GEL | SDA residence permits |
| Investment residence permit | Property exceeding USD 300,000 equivalent in GEL | SDA residence permits |
| Mortgage loan-to-value | 90 percent in GEL, 70 percent in foreign currency | NBG PTI and LTV |
The rules are given as published on the dates read, and the Tax Code text is the consolidated English version on matsne.gov.ge. They do not replace a lawyer’s reading of a particular agreement.
The developer’s page prints a description and a flat selector, and listing sites print asks. A reservation for a flat in BLOX Krtsanisi Tbilisi needs more than that, and each item below is a normal request that a buyer can make before paying a deposit. The list follows from the gaps shown in the tables above.
The answers should be in the agreement or in a signed schedule to it, since a web page can change without notice. A reservation form should be read for the refund terms of the deposit before it is signed, and the same applies to any listing-site figure quoted by an agent.
The residential page on blox.ge listed 11 cards on 13 November 2026, all in Tbilisi, with a status label and a percentage on each. The percentage is the construction-progress indicator described in section 1. Two names appear twice on the list, BLOX Didi Digomi and BLOX Beliashvili, and in each case the two cards are different buildings on different streets. The table gives each card as printed.
| BLOX project | Address as printed | Card label and percentage | Note |
|---|---|---|---|
| BLOX Krtsanisi Tbilisi (this page) | 49 Krtsanisi St | Premium, 100% | Completed; one flat not sold in the records |
| BLOX Kheivani Tbilisi | Agmashenebeli Avenue No. 105 | Available, 1% | Own guide on this site |
| BLOX Ortachala Tbilisi | Sh. Davitashvili N21 | Available, 41% | Own guide on this site |
| BLOX Sarajishvili Tbilisi | Sheshelidze St. N20 | Available, 46% | Own guide on this site |
| BLOX Didi Digomi Tavdadebuli Tbilisi | Demetre Tavdadebuli St | Available, 48% | Different building from the Teimuraz I Street card |
| BLOX Didi Digomi Teimuraz Tbilisi | 6 Teimuraz I, Didi Digomi | Available, 100% | Different building from the Tavdadebuli card |
| BLOX Beliashvili 84 Tbilisi | 84 Beliashvili St | Available, 100% | Different building from 68a |
| BLOX Beliashvili 68a Tbilisi | 68a Beliashvili St | Sold out, 100% | Different building from 84 |
| BLOX Nutsubidze Tbilisi | 7 Datuashvili St, Nutsubidze | Sold out, 100% | Own guide on this site |
| BLOX Avlabari Tbilisi | Bochorma St 18 | Premium, 100% | Own guide on this site |
| BLOX Varketili Tbilisi | 35 Victor Kupradze St | Sold out, 100% | Own guide on this site |
This building and the BLOX Avlabari card are the two that carry the same label on the list, and both show 100 percent. The site does not define the label, so no conclusion is drawn from it. The comparison does not rank the projects, and each project has its own guide on this site with its own sources.
Four other guides on this site cover buildings in the same part of Tbilisi, in Ortachala and Avlabari. Their figures come from the developers’ pages as read on the dates shown in each guide, and the table is context and not a ranking.
| Nearby Tbilisi listing | Area | Figures from that listing’s guide |
|---|---|---|
| NEXT Oriental Tbilisi | Ortachala | Developer NEXT, 8 Nov 2026: 36.7 to 107.8 m², studio from USD 95,160, handover December 2028 |
| Tbilisi DownTown | Avlabari | Developer NEXT, 8 Nov 2026: 217 apartments, 27 to 137.9 m², 1+1 from USD 157,680, handover September 2027 |
| Domus Avlabari Tbilisi | Avlabari | Developer Domus, 12 Nov 2026: 220 flats of 57 to 119 m², USD 1,800 to 2,350 as printed, no per-flat prices |
| Monolith Residence Tbilisi | Ortachala | Completed 2018; no developer stock listed; one resale flat of 123 m² at USD 270,000 on Korter, 12 Nov 2026 |
For the wider picture there are the Tbilisi city page, the Georgia country page and the guide to Tbilisi real estate prices. A first Tbilisi project from a different developer, in Tbilisi Hills, is Mira Verde Tbilisi.
This section uses only what the developer’s pages and neutral sources state. The About Us page says that BLOX has operated on the real estate development market in Georgia since 2016. It names a main office at 19 Agmashenebeli Alley in Tbilisi and four sales offices, and it prints no registered company name or identification code. No such name was found in the press items or listing sites read for this guide.
The projects page lists 11 residential projects, all in Tbilisi, and a separate Office and Commercial list with eight entries. The site prints no total of buildings or flats delivered. Korter, a listing site, shows seven completed and five current projects for BLOX and the cities Tbilisi and Gudauri, and that is a listing-site figure and not the developer’s.
Two independent items mention BLOX. Georgia Today, on 15 February 2024, reported the completion of BLOX Krtsanisi. The architect’s own MUA page lists a built project of 2022 for the client Blox in Tbilisi, with a hotel and residential programme of 18,000 square metres. The partnerships and discount programmes that the BLOX site mentions are not described here, because the partners’ own pages were not found to confirm them.
| BLOX item | As printed | Source and date |
|---|---|---|
| Years of operation | Since 2016 | blox.ge About Us, 13 Nov 2026 |
| Main office | 19 Agmashenebeli Alley, Dream Tower, Tbilisi | blox.ge, 13 Nov 2026 |
| Residential projects listed | 11 cards, all in Tbilisi | blox.ge, 13 Nov 2026 |
| Office and Commercial entries | 8 | blox.ge, 13 Nov 2026 |
| Contracting entity | Not named on the site | blox.ge, 13 Nov 2026 |
| Flats or buildings delivered | Not printed | blox.ge, 13 Nov 2026 |
It is a residential complex of two low-rise blocks, A Block and B Block, at 49 Krtsanisi Street in the Krtsanisi District of Tbilisi, built by the developer BLOX. The developer’s page calls it a completed project, five minutes’ walk from the centre by its own wording. Korter describes the district as quiet and filed under the Old Tbilisi area, and gives a five-minute drive to the centre.
The developer’s page says “completed project” and the card shows 100%. Korter lists both blocks as completed in 2023 and Property Georgia gives 2023 as the completion year. A press item of 15 February 2024 reports it finished. One agent page stamped 6 July 2026 still says handover in the third quarter of 2024, which is a dated difference between sources.
The developer’s interface holds 92 flat records, 44 in Block A and 48 in Block B, while Korter prints 90. On 13 November 2026 it showed 91 flats as sold and one, B11 on floor 1 of Block B, as not sold. Korter states that apartments from the developer are sold. Both statements are recorded, and neither is chosen.
The developer’s record for B11 shows USD 515,593, which is USD 1,799 per m² for 286.6 m², and GEL 1,337,087. The project page itself prints no price. The flat has four bedrooms by its room list. Its finish is not stated, so the written agreement should say what is included.
On 13 November 2026 Korter showed four resale asks: USD 155,000 for 62 m², USD 282,000 for 105 m², USD 315,000 for 104 m² and USD 428,000 for 140 m², or USD 2,500 to 3,057 per m². These are asking prices from private or agent listings, not developer prices, and they change daily.
The developer does not state it. Korter prints “white frame, fully furnished” and says the developer offers white frame and full renovation, Property Georgia prints “Green shell” and Avezor prints “White frame”. Because the terms differ, the finish of the particular flat should be written into the agreement with a list of what it includes.
The developer says five minutes’ walk and Korter says five minutes by car. Calculated in a straight line from the approximate building position, Freedom Square is about 2.4 km away and the Bridge of Peace about 2.2 km. Walking or driving routes are longer than a straight line, and no page defines the centre.
Yes, on the same terms as a citizen, because the restriction in Georgian law is on agricultural land. The acquirer’s right must be registered in the Public Registry under Article 183 of the Civil Code. NAPR charges GEL 150, 270 or 350 for registration depending on speed. A power of attorney can be apostilled, or the registry’s online smart-contract service can be used.
Not by itself. The Public Service Development Agency issues a short-term permit, on a separate application, to a foreigner who holds non-agricultural property with an assessed market value exceeding USD 150,000 equivalent in lari. The assessed value counts, not the contract price. An investment permit refers to property exceeding USD 300,000.
Since Law No. 1874 of 30 September 2026, a natural person’s property other than land is exempt if the family’s income in the previous year did not exceed GEL 100,000. Above that, the Tax Code sets 0.8 to 1 percent of the previous year-end market value. Filing falls on 1 November and payment on 15 November.
Last checked: 13 November 2026. Sources:
Straight-line distances, totals, averages, per-m² rates, tax illustrations and currency conversions are calculated from the figures named in the text and are not published prices. This is not legal, tax or financial advice.
