Monolith City Tbilisi: Completed Building Profile (2026)

Monolith City Tbilisi is a completed residential complex at 15 B. Kalandadze Street in Ortachala, which the developer, Monolith Group, lists as finished in 2019 and describes as six buildings, a hotel and commercial spaces.

This profile of Monolith City Tbilisi reads the developer’s page and the listing sites Korter and Geoln as they stood on 12 November 2026. The developer prints no price, no unit count and no stock for the building, so the profile shows each source’s figures side by side with source and date, adds sourced facts on the area, and sets out what changes for a buyer of a resale flat in a finished Georgian block.

Monolith City Tbilisi: what the building is

On its project page, the developer places the complex in Ortachala, at 15 B. Kalandadze Street, labels it a completed project and gives the year 2019. The text mentions an enclosed inner courtyard, children’s and sports playgrounds, and outdoor and underground parking. It also mentions a hotel and commercial spaces inside the complex without giving any detail on either. Read on 12 November 2026.

The developer’s project data, which the site loads from its public project feed, carries an end date of 16 December 2019 at 20:00 UTC, which is 17 December in Tbilisi time. The page itself prints only the year.

The sources do not agree on several basic points, and the table below keeps them apart instead of choosing between them. The developer’s column is “per the developer (monolith.ge, checked 12 November 2026)”. The Geoln column is a 2018 pre-completion listing, shown only because it is still online.

Korter also splits the complex into six blocks, each filed as completed and with developer sales closed. Floor counts are Korter’s block data; its own text gives different floor patterns, and some owner-entered resale cards show floor numbers that do not fit the block data, so the table is a listing-site indication only.

Status of Monolith City Tbilisi today and resale price indications

The building is finished and the developer lists no stock for it. On 12 November 2026 the apartment search on monolith.ge offered four projects only: New Depo, Dighomi City, Ethno City and Green City. The public apartments feed behind it held 4,333 apartment records across 217 pages, and none belonged to Monolith City. Korter says the same: “currently no apartments available for sale from the developer” (checked 12 November 2026).

Any flat on the market today is therefore a resale from an owner, usually through a broker or a listing site, and the seller is a private person or a company, not the developer. The numbers below come from one portal, so they are asking prices on that portal and nothing more.

These are listing-site indications, not Monolith prices. The four cards are a sample of 81 listings, so the range may not cover them all. All four asking prices are below USD 150,000; the residence-permit test in section 4 uses an assessed market value, not an asking price.

The 2018 Geoln page printed “From 1260$” per m² before completion, which is not a current price.

On payment, the developer’s generic FAQ says apartments can be bought with interest-free in-house instalments or with a mortgage from a “partner bank”, without naming it, and prints no offer for Monolith City.

The Korter developer page says mortgage conditions are offered together with Bank of Georgia, and Entrepreneur Georgia reported on 12 April 2022 a partnership of eight years between the bank and the group, naming Monolith City among joint projects. The bank’s own mortgage page, read on 12 November 2026, names no Monolith project. A resale buyer deals with a bank on that bank’s own terms.

District and access: Ortachala, Krtsanisi and the city centre

The developer puts the complex in Ortachala; Korter files it under the Krtsanisi district of Tbilisi. Korter’s text places it off the Krtsanisi-Shindisi highway, near where Bezhan Kalandadze Street meets 3rd Nadikvari Street. The map centre Korter uses is 41.68064, 44.81925, a listing-site indication that this profile uses for the straight-line figures below. The Geoln page gives a point about 2 km away, which is not used.

Korter prints 900 m to the Botanical Garden, 400 m to comprehensive school No 144 and a kindergarten, and mentions two supermarkets and several cafes nearby, without saying how the distances were measured. The 2018 Geoln page prints metro journey times without a travel mode. The straight-line figures in the table are calculated here from the Korter map centre and the Wikipedia coordinates; they are not road or walking distances.

For the wider market, the guide to Tbilisi real estate prices gives the city view, and the Tbilisi city page lists the other Tbilisi properties on this site.

Buying a resale flat in a completed building in Georgia

A resale in a finished block follows the same legal frame as any other Georgian purchase, with fewer unknowns 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. Article 312 presumes Register records accurate until proved otherwise, so a current extract is the first document to read. General background is in can foreigners buy property in Georgia and how to buy property in Georgia.

Three checks are specific to a resale. First, the cadastral code on the extract should match the flat being sold; Korter’s code for the whole complex is not the flat’s own code. Second, the person who signs must be the person registered; Article 1158 of the Civil Code treats property acquired during a marriage as joint unless a marriage contract says otherwise, so a lawyer should confirm who must sign. Third, any registered mortgage or other burden should be cleared at or before transfer.

A buyer abroad has two usual routes. One is a power of attorney legalised for Georgia; the Hague Conference status table shows the Apostille Convention in force for Georgia since 14 May 2007. The other is the registry’s smart-contract service, which registers rights online through a booked virtual meeting. Which route the seller and bank accept is a point to settle in writing.

Individual property tax changed with Law No. 1874 of 30 September 2026, which the Tax Code text on matsne.gov.ge lists among its amendments. Under Article 206(1)(a), a natural person’s taxable property other than land is exempt if family income in the previous year did not exceed GEL 100,000; above that, Article 202(5) sets 0.8 to 1 percent of the previous year-end market value. The EY Georgia brief for July to September 2026 gives the earlier threshold as GEL 40,000.

Returns fall due on 1 November and payment on 15 November (Article 205). The Revenue Service offers a calculator, and property tax in Georgia covers filing.

A seller’s surplus on a residential apartment is taxed at 5 percent (Article 81(3)); Article 82(1)(f.a) exempts it where the apartment was owned for more than two years. For residence, the Public Service Development Agency describes a short-term permit for an alien who holds title to property other than agricultural land with a market value exceeding USD 150,000 equivalent in lari, set by an accredited assessor; the same wording appears in the Law on the Legal Status of Aliens. The guide to getting a residence permit in Georgia covers the steps.

On lending, the National Bank of Georgia’s PTI and LTV page sets a loan-to-value limit of 90 percent for lari loans and 70 percent for foreign-currency loans, with payment-to-income limits that depend on net monthly income. Terms for non-residents are set bank by bank; mortgage in Georgia for foreigners gives the background.

What to ask for in writing and check before buying

The list turns each open point into a document or an answer a buyer can request before paying. It is the normal due-diligence set for a resale and implies nothing about the building or its owners.

1. The flat number, block, floor and area, and the cadastral code of the flat, so that it can be matched to Korter’s block data and to the registry.
2. A current Public Registry extract showing the registered owner or owners, any shares and any mortgage, seizure or other burden.
3. The seller’s identity and capacity to sell: for a person, an ID and the answer on any marriage contract; for a company, its registration details and who may sign.
4. The date and basis on which the seller acquired the flat, which also settles whether the two-year rule in Article 82 applies to the seller’s tax.
5. The finish the flat has today and whether any alteration or repair needs approval; Korter says the flats were handed over in white frame.
6. The management or service-charge arrangements for the block, the monthly amount, and any arrears on the flat.
7. For a flat financed by a bank, the bank’s own valuation and conditions, and whether it requires its own assessor; for a residence permit, a certified assessor’s valuation.
8. The payment route: a traceable bank transfer to the registered owner, a receipt, and the point at which the money is released against registration.
9. Any facts about the hotel and commercial spaces in the complex that affect the block, asked of the seller or manager in writing, since the developer’s page gives none.

About the developer: Monolith Group

Monolith Group says on its About page that its history begins in 2013, and that it has completed 10 residential projects with 2 under construction. The developer’s own project lists show nine completed projects under the completed heading, Monolith Green City reported as in operation, and three projects marked ongoing, so the counts on the two pages differ. Korter and Geoln also give 2013 as the start year.

The management listed on the About page is Levan Arkania (General Director), Giorgi Sordia (Financial Director), Lasha Kemoklidze (Technical Director), Davit Kakiashvili (Head of Marketing) and Nuki Paichadze (Head of Sales).

The head office is printed as 71 Vazha Pshavela Avenue, Tbilisi. The site does not name the contracting entity; the Georgian consent text in its contact form names an LLC called Monolith Group, and no registry extract giving the ID code or shareholders was found. A buyer of a resale flat contracts with the seller, not the developer, so the developer’s details matter mainly for building documents and any warranty question.

Other Monolith profiles and nearby Tbilisi listings

Monolith City Tbilisi is one of nine projects the developer lists as completed. Profiles for five more with an independent source are published on this site; none of them has developer stock or a developer price list either, and the completion years are as the developer prints them.

Several other Tbilisi listings sit on the left bank of the Mtkvari or in neighbouring districts. They are ongoing projects, in contrast to this finished building, and the figures are those printed on each page.

More context sits in the Georgia country page.

Frequently asked questions

Is Monolith City Tbilisi finished?

The developer lists it as a completed project, with 2019 as the year, and Korter files all six blocks as delivered with 2020 as the year (both checked 12 November 2026). The two years are shown as the two sources print them; the profile does not decide between them.

Can I buy a flat in Monolith City Tbilisi from the developer?

Not from the developer’s listed stock. On 12 November 2026 the apartment search on monolith.ge offered only four other projects, its public feed held no records for Monolith City, and Korter states there are no developer apartments for sale. Flats that appear for sale are resales from owners.

How many apartments does it have?

The developer does not print a unit count. Korter prints 322 apartments in six blocks, and Geoln’s 2018 page described five blocks. The figures differ, so the count should be confirmed against the registry or the building’s management.

What do resale flats cost?

On Korter on 12 November 2026 the four two-room cards seen asked USD 89,000 to USD 118,000 for 54.8 to 61 m², or USD 1,618 to USD 2,073 per m². These are asking prices on one portal, not Monolith prices, and the portal shows 81 listings in all.

In what condition were the flats handed over?

Korter says white frame, which it lists as double-glazed windows, metal entrance doors, metering devices, plumbing, a gas stove and sink, final floor screed and walls ready for finishing. The developer’s page does not state the finish for this building. The state of a particular resale flat depends on its owner.

Does buying in Monolith City Tbilisi give a residence permit?

It depends on the assessed value, not the building. Under the Public Service Development Agency’s description, a short-term permit requires title to property other than agricultural land with a market value exceeding USD 150,000 equivalent in lari, set by an accredited assessor. The four asking prices seen are below that figure, and an asking price is not an assessed value.

Sources and last check

Last checked: 12 November 2026. Sources:

• Monolith Group: Monolith City project page (monolith.ge, 12 November 2026)
• Monolith project feed: Monolith City record (12 November 2026)
• Monolith apartment search (12 November 2026)
• Monolith Group: About us (12 November 2026)
• Korter: Monolith City in Tbilisi (12 November 2026)
• Korter: Monolith Group developer page (12 November 2026)
• Geoln: Monolith City in Tbilisi (listing of 19 June 2018, read 12 November 2026)
• Entrepreneur Georgia: Bank of Georgia and Monolith Group, 12 April 2022 (Georgian)
• Bank of Georgia: mortgage loans page (12 November 2026)
• Wikipedia: Tbilisi Botanical Garden (coordinates)
• Wikipedia: Isani (Tbilisi Metro) (coordinates)
• Wikipedia: Samgori (Tbilisi Metro) (coordinates)
• Wikipedia: Freedom Square, Tbilisi (coordinates)
• Wikipedia: Station Square (Tbilisi Metro) (coordinates)
• Wikipedia: Tbilisi International Airport (coordinates)
• Civil Code of Georgia, Articles 183, 312 and 1158 (matsne.gov.ge)
• Tax Code of Georgia, English text, Articles 81, 82, 202, 205 and 206 (matsne.gov.ge)
• EY Georgia: Tax and Law Brief, July to September 2026
• Revenue Service of Georgia: property tax page
• NAPR: immovable property registration fees
• NAPR: informational services fees
• NAPR: smart-contract registration service
• Hague Conference: Apostille Convention status table
• Public Service Development Agency: residence permits
• Law of Georgia on the Legal Status of Aliens and Stateless Persons (matsne.gov.ge)
• National Bank of Georgia: PTI and LTV requirements

This is not legal, tax or financial advice.