Monolith Residence Tbilisi is a residential building in Ortachala that the developer, Monolith Group, lists under its completed projects with the year 2018, and on 12 November 2026 the developer offers no flat in it.
This profile reads the developer’s project page and the Korter page for the building as they stood on 12 November 2026, and sets the figures side by side where they differ. It does not choose between sources. Because the developer prints no price and no unit count, any flat that comes up for sale is a resale from its owner, and the guide covers how such a purchase works in Georgia.
Monolith Group’s project page describes Monolith Residence as a “9-storey” complex in Ortachala with a total area of 12,000 m², an enclosed inner courtyard, greenery, children’s areas, commercial spaces and parking. It prints the address Ortachala, 3 B.Kalandadze st., the label Completed Project and the year 2018 (per the developer, monolith.ge, checked 12 November 2026). It prints no unit count, flat sizes, finish, price or floor plans.
Korter lists the same developer’s building as Monolith Ortachala Residence and prints more detail, some of it different. The developer’s project feed gives an end date of 2018-11-30T20:00:00Z, which is 1 December 2018 in Tbilisi if the stamp is in UTC, while the visible page states only the year. The table shows each source’s own wording, and no column is treated as the correct one.
| Monolith Residence Tbilisi: item | monolith.ge (developer), 12 Nov 2026 | Korter, 12 Nov 2026 | Other source |
|---|---|---|---|
| Name | Monolith Residence | Monolith Ortachala Residence | Entrepreneur Georgia (12 Apr 2022, Georgian text) names “Monolith Ortachala” among earlier joint projects of Monolith Group and Bank of Georgia |
| Address | Ortachala, 3 B.Kalandadze st. | Nikoloz (Karlo) Chkheidze St, 13; the description text writes “Efrem Mtsire Street, 13” | None |
| District | Ortachala, “located in Old Tbilisi” | Krtsanisi; Ortachala | OpenStreetMap: Krtsanisi District |
| Completion | Completed, 2018 | “1 house delivered in 2018” | Korter developer page: Completed in 2018 |
| Floors | “9-storey” | 8 in the characteristics; “nine-storey” in the description; one flat listing shows “8 of 8”, another listing on the page “8 of 9” | None |
| Number of flats | Not printed | 73 | None |
| Flat sizes | Not printed | 45.9-145.4 m² (characteristics); “from 46 to 145.4” (text); one- to four-room flats | None |
| Finish | Not printed | White frame | None |
| Total area | 12,000 m² | Not printed | None |
| Parking and lifts | “Parking” | Underground and guest parking; 3 passenger elevators | None |
| Map pin | 41.678539, 44.819447 | 41.68356565, 44.8214834 | The two pins are about 0.58 km apart (calculated) |
| Cadastral code | Not printed | 01.18.04.006.040; not checked against the Public Registry in this profile | None |
Two cautions on names. A separate Korter project called Ortachala Residence, on Dimitri Gulia St 4, is listed under a different developer and is another building. And Monolith City, at 15 B.Kalandadze st., is a different Monolith Group building in the same district.
The developer’s page carries the label Completed Project, and its project feed (api.monolith.ge/api/en/projects) gives the status “completed”. The developer prints no price for the building. The absence of developer stock was checked on 12 November 2026 in three places.
A flat offered today is therefore a resale. The seller is whoever the Public Registry shows as owner, and Monolith Group is a party only if the registry says so. Listing-site asking prices below are indications from the site, with source and date, and are not Monolith Group prices.
| Source | Listings for sale seen | Asking price (USD) | Area and rooms | USD per m² | Floor | Date |
|---|---|---|---|---|---|---|
| Korter, Monolith Ortachala Residence page | 1 | 270,000 | 123 m², 3 rooms | 2,195 as printed (270,000 / 123 = 2,195.1) | 8 of 8 | 12 Nov 2026 |
| monolith.ge | 0 (no stock listed) | Not printed | Not printed | Not printed | Not printed | 12 Nov 2026 |
The Korter header “from USD 270,000” repeats that single listing. One asking price is not a price level for the building. The seller type was not shown in the page text read, the listing carries the Chkheidze Street address Korter uses for the project, and the page showed it as posted the day before the check.
For Monolith Residence Tbilisi, the developer places the building in Ortachala, says the complex is located in Old Tbilisi and names Abanotubani, Narikala and Rike Park as attractions within 2 km. Korter and OpenStreetMap file the area under Krtsanisi District.
Korter’s description adds that a public transport stop is a four- to five-minute walk away. It lists, within 1 km, a kindergarten, Secondary School No. 72, Nikora and 2 Nabiji supermarkets, TeraBank and Liberty Bank branches, a new hospital, cafes and restaurants and the Embassy of Azerbaijan, and puts J. Kalandadze Park at 850 m. These are listing-site indications. Neither the developer nor Korter names a metro station.
The two published map pins fall in different places. OpenStreetMap’s reverse lookup (Nominatim, 12 November 2026) places the developer’s pin on a bus stop named Kalandadze Street and Korter’s pin on a building tagged as apartments at 13 Nikoloz (Karlo) Chkheidze Street. The distances below are computed from both pins and are indications only.
| Place | Distance as printed | Straight line from developer pin / Korter pin (calculated) | Road from Korter pin (router, no traffic) |
|---|---|---|---|
| Abanotubani | Within 2 km (developer) | 1.2 km / 1.0 km | Not calculated |
| Narikala | Within 2 km (developer) | 1.4 km / 1.2 km | Not calculated |
| Rike Park | Within 2 km (developer) | No coordinate in the source used | Not calculated |
| National Botanical Garden of Georgia | Not printed | 1.3 km / 1.2 km | Not calculated |
| Freedom Square | Not printed | 2.2 km / 2.0 km | 3.4 km, about 6 min |
| Station Square metro station | Not printed | 5.2 km / 4.8 km | 6.8 km, about 11 min |
| Tbilisi International Airport | Not printed | 11.3 km / 11.2 km | 15.5 km, about 22 min |
| J. Kalandadze Park | 850 m (Korter) | Not calculated | Not calculated |
| Public transport stop | 4-5 minutes’ walk (Korter) | Not calculated | Not calculated |
Straight-line figures use the coordinates in the Wikipedia article for each place. Road figures come from the public routing service OSRM for the Korter pin. The developer’s “within 2 km” for Abanotubani and Narikala is consistent with the straight-line figures from either pin.
In a resale of a flat in Monolith Residence Tbilisi the contract is between the buyer and the registered owner. Article 183 of the Civil Code requires the transaction to be in writing and the acquirer’s ownership to be registered in the Public Registry. The guides on whether foreigners can buy property in Georgia and how to buy property in Georgia cover the general rules. What changes in a finished building is that there is no construction schedule to read, and the checks move to the registry record and the seller.
The National Agency of Public Registry (NAPR) lists its extractat GEL 20 in one working day, GEL 13 online, with GEL 26 extra for an English extract.
Its registration fee for a change of right is GEL 150 in four working days, GEL 270 in one and GEL 350 on the day of filing. At the National Bank rate of GEL 2.5933 per USD on 12 November 2026 (official rates) these are about USD 7.7 and 5.0 for the extract, plus USD 10.0 for English, and USD 57.8, 104.1 and 135.0 for registration. The fee follows the speed chosen, not the price.
| Step | Who | Typical time or fee | Source |
|---|---|---|---|
| Identify the flat by cadastral code and unit number, not by the listing address | Buyer, seller | The sources print different addresses (section 1) | Developer page; Korter |
| Order a Public Registry extract | Buyer or lawyer, NAPR | GEL 20 (1 working day), GEL 13 online, GEL 26 extra in English | NAPR information fees |
| Compare the registered owner and registered rights with the seller’s documents | Buyer, lawyer | No fee beyond the extract | NAPR information fees |
| Sign the written contract | Buyer, seller | Terms set in the contract | Civil Code, art. 183 |
| Pay as the contract provides | Buyer, seller | Set in the contract | Civil Code, art. 183 |
| Register the buyer’s ownership | Buyer, NAPR | GEL 150 / 270 / 350 by speed | NAPR registration fees |
| Sign from abroad, if needed | Buyer, NAPR | Power of attorney, or a booked virtual meeting | NAPR smart contract |
Georgian law restricts foreign ownership of agricultural land under Article 4 of the Organic Law on Agricultural Land Ownership, not a flat in a city block. Property tax on individuals changed on 30 September 2026 (Law No. 1874), and guides written earlier carry older bands; the property tax guide covers the filing steps. The residence rule is stated below in the terms the official sources use.
| Item | Rule | Source |
|---|---|---|
| Property tax, individual | Rate of 0.8 to 1 percent of the year-end market value; no tax where the family’s income in the previous year did not exceed GEL 100,000 (the earlier threshold was GEL 40,000 per EY); return by 1 November, payment by 15 November | Tax Code arts. 202(5), 205(12) and (14), 206(1)(a); EY Georgia brief, July to September 2026; Revenue Service |
| Seller’s tax on a sale | Surplus on the sale of a residential apartment owned for more than two years is exempt; the ownership date is a question for the seller | Tax Code art. 82(1)(f.a) |
| Short-term residence permit | Title to property other than agricultural land with a market value exceeding USD 150,000 equivalent in GEL, set by a certified assessor; the asking price does not substitute for the assessment. The Korter asking price of USD 270,000 is above USD 150,000 | Public Service Development Agency; Law on the Legal Status of Aliens, art. 15(j); residence guide |
| Mortgage limits | Loan-to-value 90 percent for lari loans and 70 percent for foreign-currency loans; payment-to-income 25 or 50 percent (lari) and 20 or 30 percent (foreign currency), by net monthly income below or from GEL 1,500; each bank sets its own terms for non-residents | National Bank of Georgia; mortgage guide |
Per its about-us page (checked 12 November 2026), the history of Monolith Group begins in 2013, it has completed 10 residential projects and currently has 2 under construction. Its project list shows nine completed projects, Monolith Green City and three ongoing projects, and Korter’s developer page counts seven completed. Head office as printed: Tbilisi, 71 Vazha Pshavela ave., 0186.
The site footer names no legal entity; the Georgian consent text of its call-request form refers to a limited liability company called Monolith Group, and Geoln writes “Monolith Group Ltd.”, founded in November 2013. A registry code was not retrieved. Entrepreneur Georgia reported in April 2022 a partnership with Bank of Georgia; the bank’s mortgage page fetched on 12 November 2026 does not mention Monolith.
The list below is the normal set of checks for a resale flat in a finished building, adapted to what the sources leave open.
It is a residential building on Monolith Group’s completed list, in Ortachala, finished in 2018 per the developer. The developer describes it as a 9-storey complex with 12,000 m² total area. Korter lists 73 apartments of 45.9-145.4 m² in white frame, a figure the developer does not print.
Not on the pages checked on 12 November 2026. The developer’s apartment search and its public feed list four ongoing projects only, and Korter says the developer’s apartments are sold. A flat on offer is a resale from its registered owner.
The developer prints Ortachala, 3 B.Kalandadze st. Korter prints Nikoloz (Karlo) Chkheidze St, 13, and its description text writes Efrem Mtsire Street, 13. The pins are about 0.58 km apart. The cadastral code in the registry extract settles which building a flat belongs to.
The developer says 9 storeys and prints no flat count. Korter says 73 apartments and gives 8 floors in its characteristics, nine-storey in its description, and “8 of 8” and “8 of 9” on listings. The differences are shown, not resolved.
The short-term permit asks for title to property with a market value exceeding USD 150,000 equivalent in GEL, set by a certified assessor. The one Korter asking price, USD 270,000, is above that figure, but the test is the assessed value, so an assessor’s report is the document to obtain.
Georgian law restricts foreign ownership of agricultural land, not flats in city blocks. A written contract and registration of the buyer’s ownership in the Public Registry are required. The guide on foreigners buying property in Georgia gives the position.
Monolith Group lists nine completed projects on monolith.ge. Five of them have profiles on this site, shown with the developer’s printed address and year. Three Tbilisi listings from other developers are included for context, with the status each profile states.
| Profile | District and address as the developer prints it | Completed (developer) |
|---|---|---|
| Monolith City Tbilisi | Ortachala, 15 B.Kalandadze st. | 2019 |
| Monolith Twins Tbilisi | Saburtalo, IV Sh. Nutsubidze pl., Block 38A | 2015 |
| Monolith Tabidze Tbilisi | Saburtalo, 33 A.Tabidze st. | 2020 |
| Monolith Bagebi Tbilisi | Vake, Tskneti Highway 43 | 2021 |
| Monolith Varketili Tbilisi | Varketili, 58A Javakheti st. | 2021 |
| Nearby Tbilisi listing | Area | Status on that profile |
|---|---|---|
| NEXT Oriental Tbilisi | Ortachala, on the Mtkvari River | Ongoing; handover December 2028 per the developer (8 Nov 2026) |
| W2 Isani Park Tbilisi | Isani | Ongoing; four blocks, none completed per the project card (12 Nov 2026) |
| Tbilisi DownTown | Avlabari | Ongoing; handover September 2027 per the developer (8 Nov 2026) |
For wider context see the Tbilisi city page, the Georgia country page and the guide to Tbilisi real estate prices.
Last checked: 12 November 2026. Sources:
This is not legal, tax or financial advice.
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