BLOX Nutsubidze Tbilisi: Completed Building Profile (2026)

BLOX Nutsubidze Tbilisi is a completed residential building at 7 Datuashvili Street on the Nutsubidze plateau, close to Lisi Lake, which the developer BLOX lists on blox.ge as Sold out with 100% construction progress.

This information profile reads the developer’s pages and the listing site Korter as they stood on 13 November 2026, with a contractor page and an older listing page for comparison. The developer prints no price, handover year or unit count, and its flat selector holds no flats for the building. The profile sets each source’s figures side by side, adds sourced facts on the area, and explains what changes for a buyer of a resale flat in a finished Georgian block. It is not a listing for sale by BLOX.

BLOX Nutsubidze Tbilisi: what the building is

On its project page, the developer gives the address as “7 Datuashvili st. Nutsubidze” and describes a 13-floor residential complex near Lisi Lake. The text says that various shopping facilities, including an international-brand hypermarket, “will be located” on the first floor. It uses the future tense and names no operator. The page prints no price, floor plan, unit count, handover year or finish. Read on 13 November 2026.

The map link on that page resolves to a Google Maps place named BLOX Nutsubidze at 41.7318, 44.7324. Korter’s building marker lies about 10 m from it. The developer’s Office & Commercial list also carries a BLOX Nutsubidze entry at “Nutsubidze, near Lisi lake, Datuashvili st. N7”, shown as Sold out at 100%, with no price, area or lease term.

The sources disagree on several basic points. The table below keeps them apart and does not choose between them. The developer’s column is “per the developer (blox.ge, checked 13 November 2026)”. The Realting page is marked “Sold or out of date” and was last updated on 5 May 2022, so it is shown only because it is still online.

Korter also hosts a construction-photo series from five fixed spots, from May 2020 to a latest update in July 2023. The data provider GlobalData lists a paid report titled “Blox Georgia – BLOX Nutsubidze Residential Complex – T’bilisi” published on 10 May 2023, which shows that the project was tracked then; its contents were not read.

Status of BLOX Nutsubidze Tbilisi today and resale asking prices

The building is finished and the developer offers no stock in it. On 13 November 2026 four developer channels agreed, and Korter says the same. The percentage on a BLOX project card is the developer’s construction-progress figure: the project list files every card at 100% under Finished and the rest under Under construction.

On Korter the header reads “Apartments from the developer are sold”, and its FAQ says there are currently no apartments available for sale from the developer (13 November 2026). Any flat on the market is therefore a resale from a private owner or a company, and the figures below are asking prices on one portal.

The four cards ask USD 90,000 to USD 160,000 for 54 to 92 m², or USD 1,522 to USD 2,724 per m². They are listing-site indications, not BLOX prices. The spread is wide, the flats differ in size and floor, and two cards show a 12-floor total while two show 13. Two asking prices are below USD 150,000 and two above, but the residence-permit test in section 4 uses an assessed market value.

Payment terms from the sales phase are not a current offer. Realting’s 2022 page mentions a “0% internal instalment schedule” without percentages or months, and blox.ge prints no bank partner for this project. A resale buyer pays the seller and, if borrowing, deals with a bank on that bank’s own terms. Rental cards on Korter fall outside this profile.

District and access: the Nutsubidze plateau, Vake and Saburtalo

The developer describes the site as “near Lisi Lake” and names the Nutsubidze plateau in the address. Korter files it under the Vake district and says it stands on the plateau about 1 km from the lake. Other pages on this site place nearby Nutsubidze-plateau projects under Saburtalo, so the district label depends on the source. This profile of BLOX Nutsubidze Tbilisi uses Vake for Korter’s data and notes the difference.

The straight-line figures below are calculated here from the developer’s map pin and Wikipedia coordinates. They are not walking or driving distances, and Korter says the real route to the metro is longer than its own straight-line figure.

Realting’s “Sameditsino Universiteti” appears to be the station Wikipedia lists as Medical University. Its 600 m figure does not match the distance calculated from the developer’s pin; the difference is left unresolved.

Korter’s neighbourhood text lists a Zgapari grocery store, a Nikora supermarket, a kindergarten, schools No. 102 and 170 and the Mardaleishvili medical center next to the building. It names buses No. 88 and 99, with the nearest stops on Vissarion Zhgenti Street. The guide to Tbilisi real estate prices gives the city-wide view, and the Tbilisi city page lists other Tbilisi properties on this site.

Buying a resale flat in a completed building in Georgia

A resale in a finished block uses the same legal frame as any 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 treats register entries as accurate until proved incorrect. The wider rules are in the guides on whether foreigners can buy property in Georgia and how to buy property in Georgia.

Three checks matter most here. The cadastral code on the extract must be the code of the flat on offer, because the code Korter prints belongs to the building. The person who signs must be the person registered, and Article 1158 treats property acquired during a marriage as joint unless a marriage contract says otherwise. Any mortgage or other burden on the flat should be released at or before transfer.

A buyer abroad can use a power of attorney legalised for Georgia, and the Hague Conference status table shows the Apostille Convention in force for Georgia since 14 May 2007. The alternative is the registry’s smart-contract service, which registers rights online after a booked virtual meeting.

Individual property tax was amended by Law No. 1874 of 30 September 2026, recorded in the amendment list of the Tax Code on matsne.gov.ge. Article 206(1)(a) now exempts a natural person’s taxable property other than land when family income in the preceding year did not exceed GEL 100,000. For higher incomes, Article 202(5) fixes the rate between 0.8 and 1 percent of the property’s market value at the end of that year.

The EY Georgia brief for July to September 2026 gives the previous threshold as GEL 40,000. Under Article 205 a natural person files by 1 November, and the Revenue Service keeps a property tax page. Filing is covered in property tax in Georgia.

On a later sale, Article 81(3) taxes a natural person’s surplus from a residential apartment at 5 percent, and Article 82(1)(f.a) exempts it where the apartment was owned for more than two years.

On residence, the Public Service Development Agency says a short-term permit goes to an alien who holds title to non-agricultural real estate with a market value exceeding USD 150,000 equivalent in lari, assessed by an accredited body. The Law on the Legal Status of Aliens uses the same wording, and the steps are in getting a residence permit in Georgia.

For borrowing, the National Bank of Georgia’s PTI and LTV page sets a loan-to-value ceiling of 90 percent for lari loans and 70 percent for foreign-currency loans. Non-resident terms differ by bank; see mortgage in Georgia for foreigners.

What to ask for in writing and check before buying

Each point below turns an open question into a document or an answer that a buyer can request before paying. It is the usual due-diligence set for a resale of a BLOX Nutsubidze Tbilisi flat and says nothing about the building or its owners.

1. The block or house, the flat number, the floor and the area, together with the flat’s own cadastral code. Korter lists two houses at the same address and shows floor totals of both 12 and 13, so the numbering should be confirmed.
2. A recent Public Registry extract naming the registered owner or owners and their shares, and showing whether a mortgage, seizure or other burden is entered.
3. The seller’s identity and authority: an ID and the answer on any marriage contract for a person, or registration details and the signatory for a company.
4. The date and basis on which the seller acquired the flat, which also decides whether the two-year rule in Article 82 applies to the seller’s tax.
5. The commissioning or occupancy document for the building, since the sources print 2022 and 2023 and the developer prints no year.
6. The finish the flat has today and any alteration that needed approval. Korter says the flats were handed over in “green frame”.
7. Whether any parking place or storage space is sold with the flat and whether it has its own registry entry.
8. The management or service-charge arrangement, the monthly amount, any arrears on the flat, and what occupies the ground-floor commercial premises, which the developer’s text describes in the future tense.
9. The payment route: a traceable bank transfer to the registered owner, a receipt, and the point at which money is released against registration.

About the developer: BLOX

BLOX says on its About page that it has operated on the real estate development market in Georgia since 2016, and Korter’s developer page also says it has been active since 2016. The page prints no totals of buildings or flats delivered. The head office is given as Dream Tower, 19 Agmashenebeli Alley, Tbilisi.

The developer’s project list shows eleven residential cards, labelled Available, Premium or Sold out, with a separate Office & Commercial section. Korter’s developer page groups its BLOX entries as five current and seven completed projects in Tbilisi and Gudauri, so the two counts differ.

The contractor MBG names BLOX as the client for this building and MBG as the contractor for the reinforced-concrete works, on its project page. The BLOX site names no company or identification code, and the legal entity behind the project was not found in the public pages read. A resale buyer contracts with the seller, so the entity matters mainly for building documents and any warranty question.

Frequently asked questions

Is BLOX Nutsubidze Tbilisi finished?

Yes, on every source read. The developer shows Sold out and 100% construction progress, and Korter says two houses are delivered and completed in 2023. The contractor MBG prints 2022. The developer prints no year, so the profile shows the years as printed and does not choose.

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

Not from developer stock. On 13 November 2026 the project card, the project record and the flat selector all showed no flats on offer, and Korter says developer apartments are sold. Flats that appear for sale are resales from owners, with the seller named on the contract.

How many apartments does it have?

The developer prints no unit count. Korter prints 260 apartments in two houses of 13 floors, while other pages mention 12 residential floors. The count and numbering should be confirmed in the registry or with the building’s management.

What do resale flats in BLOX Nutsubidze Tbilisi cost?

On Korter on 13 November 2026, four two-room cards asked USD 90,000 to USD 160,000 for 54 to 92 m², or USD 1,522 to USD 2,724 per m². These are asking prices on one portal, which lists 24 sale cards in all, and are not BLOX prices.

What finish did the flats have when sold?

Korter lists the apartment finish as “green frame”. The developer’s page does not state a finish. The finish of any resale flat depends on its owner and should be checked at a viewing.

Does buying here give a residence permit?

It depends on the assessed value and not on the building. The agency’s wording ties a short-term permit to title to non-agricultural real estate valued above USD 150,000 equivalent in lari by an accredited body. A listing’s asking price is not such a valuation.

Other BLOX projects and nearby Tbilisi listings

BLOX Nutsubidze Tbilisi is one of eleven residential projects on the developer’s list. Two pairs of cards share a name, BLOX Didi Digomi and BLOX Beliashvili, and are different buildings, so the street tells them apart. The card label and percentage below are as printed on blox.ge/en/proeqtebi on 13 November 2026.

Several other Tbilisi listings on this site stand on or near the Nutsubidze plateau. Archi Nutsubidze 2 is a different developer’s building, not this one. The figures are those printed on each page. Archi Nutsubidze 2, Archi Lisi Sunrise and W2 Mindeli are ongoing projects, in contrast to this finished building.

The Georgia country page lists the rest of the portfolio.

Sources and last check

Last checked: 13 November 2026. Sources:

• BLOX: BLOX Nutsubidze project page (blox.ge, 13 November 2026)
• BLOX: project record on the public API (13 November 2026)
• BLOX: project list (13 November 2026)
• BLOX: Office & Commercial list (13 November 2026)
• BLOX: Russian-language project page (13 November 2026)
• BLOX: About page (13 November 2026)
• Developer map link, Google Maps place BLOX Nutsubidze (13 November 2026)
• Korter: Blox Nucubidze in Tbilisi (13 November 2026)
• Korter: Blox developer page (13 November 2026)
• MBG: residential complex Nutsubidze (Georgian, undated, read 13 November 2026)
• Realting: Blox Nutsubidze (page last updated 5 May 2022, read 13 November 2026)
• GlobalData: Blox Georgia, BLOX Nutsubidze Residential Complex, report page (published 10 May 2023)
• Wikipedia: Lisi Lake (coordinates)
• Wikipedia: Vazha-Pshavela (Tbilisi Metro) (coordinates)
• Wikipedia: Medical University (Tbilisi Metro) (coordinates)
• Wikipedia: State University (Tbilisi Metro) (coordinates)
• Wikipedia: Vake Park (coordinates)
• Wikipedia: Freedom Square, Tbilisi (coordinates)
• Wikipedia: Tbilisi International Airport (coordinates)
• Civil Code of Georgia, Articles 183, 312 and 1158 (matsne.gov.ge)
• Tax Code of Georgia, English text, Articles 81, 82, 202, 205 and 206 (matsne.gov.ge)
• EY Georgia: Tax and Law Brief, July to September 2026
• Revenue Service of Georgia: property tax page
• NAPR: immovable property registration fees
• NAPR: informational services fees
• NAPR: smart-contract registration service
• Hague Conference: Apostille Convention status table
• Public Service Development Agency: residence permits
• Law of Georgia on the Legal Status of Aliens and Stateless Persons (matsne.gov.ge)
• National Bank of Georgia: PTI and LTV requirements

This is not legal, tax or financial advice.