Trump Tower Tbilisi: Sources and Prices Guide (2026)

Saburtalo, Tbilisi, Georgia
  • ARTT3016
  • Property ID
  • Apartment, Penthouse, Studio
  • Property Type
  • 4
  • Bedrooms
For Sale
Trump Tower Tbilisi: Sources and Prices Guide (2026)
Saburtalo, Tbilisi, Georgia

Description

Trump Tower Tbilisi is a planned 62-storey tower beside Central Park in the Saburtalo district of Tbilisi, and the developer’s page on archi.ge, checked on 12 November 2026, lists no apartments, no price and no handover date for it.

Trump Tower Tbilisi and surrounding towers beside Central Park, developer render

This guide to Trump Tower Tbilisi sets out the floors, height, number of residences, price indications and handover targets that each source prints, with the source and date. The developer’s pages and the press coverage of the September 2026 launch do not always agree, so the guide shows both and does not choose. It adds sourced background on the Central Park area, the licensed use of the Trump name, and the Georgian rules for buying, tax and residence.

Overview of Trump Tower Tbilisi

The archi.ge project page describes the project as a mixed-use tower in the centre of the capital, developed by Archi and INVIA in partnership with The Trump Organization and co-developed by The Sapir Organization. It gives the address as Tamarashvili Street, next to Central Park, in the Saburtalo district, and says the area is turning into what the page calls Downtown Tbilisi. The text puts the tower at 62 storeys and 280 m and names Gensler as the designer.

Aerial night render of the Downtown Tbilisi towers and park

The page lists amenities but no unit types, sizes, prices, payment terms or handover date. Its construction progress reads 0 percent and its count of apartments for sale is zero. The separate project site adds 850 residences above a retail podium, a range from studios to four-bedroom homes, and a note that the residence mix is at concept stage and that final layouts, areas and pricing are released with the sales launch.

Every price in public comes from press coverage of the presentation held on 15 September 2026: studios from approximately USD 290,000 and from USD 7,000 per m². The archi.ge page prints no price. This guide labels those figures as press indications and not as offers, and it keeps the developer’s own statements apart from what outlets report.

Trump Tower Tbilisi key facts As published (archi.ge and project site, checked 12 November 2026, unless stated)
Location Saburtalo district, Tbilisi; Tamarashvili Street, next to Central Park (archi.ge); no street number printed
Developer wording Archi and INVIA in partnership with The Trump Organization, co-developed by The Sapir Organization (archi.ge); owner and developer Central Park Icon LLC (project site footer)
Status Construction progress 0 percent and 0 apartments for sale on archi.ge; pricing to be released with the sales launch (project site)
Height and storeys 62 storeys, about 280 m (archi.ge); other sources differ, see section 2
Residences 850 above a retail podium (project site); archi.ge lists no units
Unit types Studios to four-bedroom homes and penthouses (project site and press); sizes not published
Price Not printed on archi.ge; press: studios from about USD 290,000, from USD 7,000 per m² (17 September 2026)
Handover Not printed by the developer; 2031 for the tower and 2033 for the complex as reported from the Prime Minister’s remarks (JAMnews, 16 September 2026)
Payment plan Not published
Finish Project site: interiors delivered complete, with floor-to-ceiling glazing; subject to the final design
Architect Gensler (archi.ge); the project site also names Surbana Jurong / SAA Architects and Chapman Taylor as project partners
Amenities listed Indoor pool, sky terrace, spa and wellness, fitness centre, terrace gardens, restaurants and bars, coworking, residents’ lounge, kids’ club, 24-hour concierge, underground parking, landscaped park (archi.ge)
Developer financing TBC Bank and Bank of Georgia provided a financing package for the development (Georgia Today, 17 September 2026); no buyer mortgage terms printed

The developer’s text uses superlative wording about the project, including a claim that it is the tallest building in Georgia and the first Trump-branded tower in the Caucasus. The guide quotes such claims only as attributed statements and does not adopt them as findings.

What each source prints: floors, height, residences and handover

The record on the tower is thin on the developer’s side and broad in the press. Several figures changed between the April 2026 announcement and the September presentation, and some outlets cite an older Archi page that this guide could not locate. The table sets each figure against its source and date. Each cell is a statement by that source and the guide does not decide between them.

Item Per the developer (archi.ge and project site, 12 November 2026) What other sources print
Storeys 62 (archi.ge, in English, Russian and Georgian); 62 floors (project site) 62: Georgia Today (17 September 2026), JAMnews (16 September 2026). About 70: archi.ge news item of 21 April 2026 and Dezeen (5 May 2026). 70: an older Archi investment page as described by International Investment (18 September 2026)
Height About 280 m (archi.ge); 280 m (project site) 282 m, quoted from the Prime Minister (JAMnews, 16 September 2026); 259 m on the older Archi page described by International Investment
Residences 850 above a retail podium (project site); archi.ge lists no units and 0 for sale 850: Ynet (16 September 2026). More than 1,600 across all six towers, from earlier Archi materials (International Investment)
Handover Not printed on archi.ge; project site gives no completion date Tower 2031 and complex 2033, from the Prime Minister’s remarks (JAMnews); 2029 on the older Archi page described by International Investment
Site area Seven hectares and total land area 70,500 m² (project site) About eight hectares (Georgia Today release, International Investment); roughly seven hectares (Ynet)
Architect’s office Gensler (archi.ge) Gensler Washington, D.C. (Georgia Today release); San Francisco-based Gensler (The National); Gensler masterplanned the development and designed five of six towers (Dezeen)
Presentation date Not printed on archi.ge 15 September 2026, evening (Georgia Today, JAMnews); Ynet calls it Tuesday evening, and 15 September 2026 was a Tuesday
Status Progress 0 percent, 0 apartments for sale (archi.ge); sales launch to come (project site) Ynet calls it the planned tower; Georgia Today calls it the first tower to rise
Height ranking Developer text: the tallest building in Georgia The Wikipedia list (edited 8 November 2026) shows VR Vake Skyview Tower in Tbilisi, 260 m and 70 floors, estimated 2029, as the building that will become the tallest when completed; it has no Tbilisi row for this tower

Four rows matter most to a reader. The storey count first: archi.ge and the September coverage say 62, while the April announcement and Dezeen’s May article said about 70. Both versions are on record and the later one is on the developer’s current page. A unit’s floor number and the final storey count belong in the contract, not in a press release.

The height is second. The two-metre gap between 280 m and 282 m is 0.7 percent of the height, and the sources do not explain it. Spread over the storey counts, 280 m over 62 storeys is about 4.5 m per storey, and 259 m over 70 floors is about 3.7 m (calculated from the printed figures, not design data). The comparison only shows that the figures describe different designs or different measuring points.

The residence count is third, and part of the difference is scope. The project site and Ynet give 850 for this tower, while International Investment reports more than 1,600 for all six towers from earlier Archi material. A buyer should still ask whether 850 counts only apartments or also serviced or hotel-operated units, because none of the sources says.

The handover is fourth. Neither archi.ge nor the project site prints a date. The Prime Minister’s targets, as reported by JAMnews, are 2031 for the tower and 2033 for the complex. International Investment mentions 2029 on an older Archi page; the page was not found in the checks for this guide, so that figure is second-hand and stays attributed to International Investment.

The dated sequence below shows how the public record built up. The earliest item is the April announcement, and the latest is the developer page as seen on 12 November 2026.

Date Event or publication Source
17 April 2026 First public announcement of the tower, described as roughly 70 storeys International Investment
21 April 2026 Archi news item: Archi Group, Biograpi Living, The Sapir Organization, Blox Group and Finvest Georgia announce the development; Gensler as designer; about 70 stories archi.ge news
5 May 2026 Design images of a six-tower development, with a 70-storey tower, published Dezeen
15 September 2026 Presentation of the project in Tbilisi, with a video address by Eric Trump Georgia Today, JAMnews, Ynet
16 to 18 September 2026 Press coverage with the 62-storey, 280 m specification, studio price indication and TBC and Bank of Georgia financing Georgia Today, The National, Ynet, International Investment
12 November 2026 archi.ge shows 0 percent progress and no apartments for sale; project site says pricing comes with the sales launch archi.ge, project site

The April item lists Biograpi Living and Blox Group among the announcing parties, and the September release lists Block Stone Capital, Finvest Georgia and Vector Group as minority partners. The sources do not say whether these are changes of roles or different ways of describing the same group, and the guide only records what each prints.

Trump Tower Tbilisi price indications by source and date

The developer prints no price on archi.ge, and the project site says pricing is released with the sales launch. The only figures come from the September 2026 coverage, and each is worded as an expectation: studios are “expected to start” or “will start” at about USD 290,000. The table lists the figures as printed.

Terraced podium and tower bases, developer render
Trump Tower Tbilisi price indication Source and date How it is worded
Studios from approximately USD 290,000 Georgia Today release of 17 September 2026; The National (both 17 September 2026); International Investment (18 September 2026) Studio residences “will start at approximately $290,000”; “expected to start”
From approximately USD 7,000 per m² Same three sources “Pricing starting from $7,000 per square meter”
About USD 7,000 to USD 10,760 per m² Ynet (16 September 2026) Prices “ranging from roughly” these figures, from information presented to the outlet
Penthouses around USD 15,000 per m² Ynet (16 September 2026) Archi co-founder Meni Benish told the outlet that penthouse prices “could eventually reach” this level
No price archi.ge and the project site, 12 November 2026 Price blank on archi.ge; areas and pricing released with the sales launch

The size of a studio is not printed. Dividing USD 290,000 by USD 7,000 gives 41.4 m², which is only an illustration of the size at which the two figures would coincide, and the sources do not say that a studio has that area. Because the sales launch had not taken place by 12 November 2026, a buyer cannot yet check any of these figures against a price list.

The next table converts the printed figures at the National Bank of Georgia’s official rate for 12 November 2026, USD 1 = GEL 2.5933, and compares them with market reference points. The comparison is arithmetic on published numbers and not a judgment on value. The market series cover different things from this tower, as International Investment itself points out when it notes that the comparison is not like-for-like.

Calculation from the printed figures Result
USD 290,000 in lari at GEL 2.5933 GEL 752,057
USD 7,000 per m² in lari GEL 18,153 per m²
USD 10,760 per m² in lari GEL 27,904 per m²
USD 15,000 per m² in lari GEL 38,900 per m²
Top of the Ynet range divided by the bottom (10,760 / 7,000) 1.54 times
USD 7,000 per m² against the Tbilisi primary-market average of USD 1,426 per m² in July 2026 (Galt & Taggart, as reported by International Investment) 4.9 times
USD 10,760 per m² and USD 15,000 per m² against the same average 7.5 times and 10.5 times
USD 7,000 per m² against the Saburtalo primary-market average of USD 1,628 per m² in January 2026 (Galt & Taggart, as tabulated in the Tbilisi prices guide on this site) 4.3 times
GEL 18,153 per m² against the Geostat third-quarter 2026 median offer price of GEL 4,444 per m² for new flats in Saburtalo (as tabulated in the same guide) 4.1 times

Other Archi projects in Saburtalo carry listing-site indications, not Archi prices, on Korter as of 25 and 26 October 2026: from USD 1,240 per m² at Archi Panorama, USD 1,415 at Archi Nutsubidze 2, USD 2,050 at Archi Lisi Sunrise, USD 2,162 at Archi Universe and USD 2,887 at King Tamar. USD 7,000 is 5.6 times the first of these and 2.4 times the last. These projects are at different stages and finishes, so the ratios show the spread of printed figures and nothing more.

For wider context the guide to Tbilisi real estate prices sets out the Galt & Taggart and Geostat series with their methods. A figure per square metre can mean an asking price or a registered sale, and a white-frame or a finished flat, and the press figures for this tower do not say which applies. The project site says interiors are delivered complete, so the price indications may refer to finished units, but no source states it.

The Trump name, the licence and the parties named

The tower carries a brand name under a licence, and the developer’s own pages say so in terms. The footer of the project site states that the tower is not owned, developed or sold by Donald J. Trump, The Trump Organization or any of their affiliates.

Tower base with branded entrance and plaza, developer render

It names Central Park Icon LLC as the owner and developer of the property, and says that company uses the TRUMP name and mark under licence from DT Marks Tbilisi LLC, a licence that may be terminated or revoked according to its terms. The footer also says the TRUMP trademark belongs to DTTM Operations LLC.

The same site’s text calls the tower The Trump Organization’s first development in the Caucasus, and its partner list shows The Trump Organization under “Brand Licence”. The archi.ge page says the project is developed in partnership with The Trump Organization. Georgia Today calls it a project developed in collaboration with the organisation. This guide records these statements side by side and does not read any of them as an endorsement or as a statement about who sells the units.

International Investment describes the structure as a common one in branded real estate, where a local developer finances and builds the property and an international name is provided under a separate licence. That is the outlet’s own reading. A media page on the project appears on trump.com in search results, but it returned an access error (HTTP 403) when fetched for this guide, so its text was not read and no partner page confirms the terms.

Party Role as printed Source
Archi Developer; archi.ge says the project is developed by Archi and INVIA archi.ge
INVIA Developer with Archi; described in the release as a Georgian holding company with interests in energy, retail, hospitality, food and beverage, media and real estate archi.ge; Georgia Today release of 17 September 2026
The Trump Organization “In partnership with” (archi.ge); “in collaboration with” (Georgia Today); brand licence (project site) archi.ge; project site; Georgia Today
The Sapir Organization Co-developer; New York-based per The National archi.ge; The National
Central Park Icon LLC Owner and developer of the property Project site footer
DT Marks Tbilisi LLC Licensor of the TRUMP name and mark to Central Park Icon LLC Project site footer
Block Stone Capital, Finvest Georgia, Vector Group Minority partners or investors Georgia Today, 17 September 2026
Gensler Architect; Dezeen says it masterplanned the development and designed five of six towers archi.ge; Dezeen
Surbana Jurong / SAA Architects, Chapman Taylor Named as project partners (architects) Project site
TBC Bank, Bank of Georgia A financing package for the development; TBC calls itself principal financial partner of the investors Georgia Today release of 17 September 2026; Georgia Today report on TBC of 17 September 2026
Hotel operator A hotel forms part of the masterplan; no brand or operator is named Dezeen; Georgia Today

The branded-hospitality services on archi.ge are described as “high-end hospitality services”, and the project site describes concierge, valet, housekeeping and in-residence dining around the clock. No source says who operates these services or whether owners pay for them separately. For a pre-sales tower that is a normal gap, and the questions are listed in section 9.

Downtown Tbilisi masterplan and the amenities as printed

The tower is the first of six in Downtown Tbilisi. The Georgia Today release of 17 September 2026 puts the whole programme at about 600,000 m² of gross building area and about USD 2 billion, and lists the allocation in square feet. Dezeen gives the same area as 6,460,000 square feet. International Investment repeats the allocation in square metres. The conversions below use 1 square foot = 0.092903 m².

Low-rise retail pavilion at the foot of the towers, developer render
Use in Downtown Tbilisi (Georgia Today release, 17 September 2026) As printed In m² (calculated)
Residential 2.7 million sq ft About 250,800 (International Investment prints 251,000)
Retail 500,000 sq ft About 46,500 (International Investment prints 46,500)
Offices 450,000 sq ft About 41,800 (International Investment prints 42,000)
Hotel 450,000 sq ft About 41,800 (International Investment prints 42,000)
Total gross building area About 600,000 m² Dezeen: 6,460,000 sq ft, about 600,150 m²

The four printed uses add up to about 380,900 m², or 63 percent of the 600,000 m². The sources do not say what the remaining area covers, and parking, circulation and other uses are not described. Because International Investment’s metric figures match the release’s square-foot figures, they restate one source and do not confirm it independently.

Only the tower is described as a home product on the developer’s pages. The other five towers are described in the press as part of the masterplan, and the sources give no tower-by-tower programme, schedule or sales plan. A buyer of a unit in the first tower should therefore treat the masterplan as context and ask which parts are covered by the permits and the contract.

The amenities appear in two lists that overlap. The archi.ge page has a text list and a set of tagged facilities, while the project site has its own list and adds that the final amenity schedule is subject to design development. The table sets them side by side.

Amenity archi.ge Project site
Swimming pool Indoor pool; swimming pool tagged Indoor pool
Fitness Fitness centre; fitness centre tagged Fitness centre
Sky terrace and levels Sky terrace Sky terrace on the roof; sky amenity levels high in the tower
Spa and wellness Spa and wellness Not listed separately
Food and drink Restaurants and bars; restaurant and bar tagged Signature restaurants and bars
Service 24-hour concierge Concierge and valet; housekeeping and in-residence dining
Residents’ spaces Coworking, residents’ lounge, kids’ club Not listed
Outdoor Terrace gardens, landscaped park Terrace gardens across the podium; Central Park at the door
Parking Underground parking Underground parking
Retail Retail mentioned in the text High-end retail at the podium

The spa, the sky terrace and the service levels are described but not specified: no source gives pool dimensions, the number of lifts, parking ratios or the share of the podium given to retail. The project site’s images are artist’s impressions and are subject to change.

Location of Trump Tower Tbilisi: Tamarashvili Street, Central Park and Saburtalo

The developer places the tower in Saburtalo, one of the districts of Tbilisi, on Tamarashvili Street next to Central Park. The Georgian National Tourism Administration page on the Tbilisi hippodrome describes the Old or Delisi Hippodrome as lying in Saburtalo along Tamarashvili Street and covering around 36 hectares, with about 8 of them under thick forest. It says the area has been renamed Central Park but is still commonly called the Hippodrome, and that the Delisi hippodrome opened in 1959.

Outdoor dining plaza at the tower base, developer render

The same page describes the plan for the park, drawn up by the Dutch firm LAP Landscape & Urban Design, as 26 zones including a Japanese garden, a French garden, a botanical garden and an artificial lake. These are plans described by the page, which is undated, and it does not say what has been built. JAMnews calls the masterplan site the former hippodrome. How the tower’s plot relates to the 36-hectare park is not stated in any source.

Saburtalo’s neighbourhoods include Lower Saburtalo, Vedzisi, Lisi, Vashlijvari and Didi Dighomi, according to Wikipedia. The nearest metro station named by the developer is Delisi, which Wikipedia describes as a station on the Saburtalo Line at the intersection of Vazha-Pshavela Avenue and Mikheil Tamarashvili Street, and as a transport hub for bus routes. The project site gives the walk to Delisi as 8 minutes and the drive to Tbilisi International Airport as 25 minutes.

The project site’s own distances use the plot as a start, and the plot has no published address or coordinates. The table below therefore measures from the OpenStreetMap point labelled Central Park in Saburtalo (41.7199, 44.7534), which is a point inside the park and not the tower’s plot. Straight-line distances are calculated; road and walking figures come from OSRM routing on OpenStreetMap data, without traffic.

Trump Tower Tbilisi: nearby place Straight line (km) Road (km, minutes by car) Walking route (km) Developer or other figure
Delisi metro station 0.92 2.26 km, 3.7 min 1.48 8 minutes on foot (project site)
Vake Park 1.34 4.88 km, 10.2 min 2.37 Not printed
Tbilisi-Central railway station 3.83 5.28 km, 7.4 min 4.86 Not printed
Freedom Square 4.95 6.70 km, 8.9 min 5.92 Not printed
Tbilisi International Airport 17.76 23.82 km, 30.2 min Not applicable 25 minutes by car (project site); 17 km from the capital (Wikipedia)

The walking route to Delisi from the park point comes to 1.48 km, which at an ordinary walking pace is a longer walk than the 8 minutes the project site gives. The two figures start from different points, since the plot is not the park point, and they cannot be compared. The tower’s plot address should be matched to a registry extract before any distance is relied on.

Saburtalo sits in a city of 1,369.4 thousand people as of 1 January 2026, which is about 35 percent of the 3,941.1 thousand in Georgia, according to the Geostat population release. Geostat’s quarterly index for new residential property in Tbilisi rose 1.5 percent in the third quarter of 2026 against the second and 5.9 percent against the third quarter of 2025, and the flats index rose 1.2 and 5.6 percent.

Geostat’s district median prices in the same release are offer prices collected from listing sites, according to the Geostat Residential Property Price Index for the third quarter of 2026.

Galt & Taggart’s January 2026 report, as tabulated in the Tbilisi prices guide on this site, puts the Saburtalo primary-market average at USD 1,628 per m² with an observed range of USD 862 to USD 4,400. International Investment adds that 27,274 apartment transactions worth about USD 2.45 billion were registered in Tbilisi in January to July 2026, up 27.3 percent on a year earlier, and that Georgian citizens were 74 percent of buyers at major developers in 2026 against 85 percent in 2023.

For the wider city see the Tbilisi city page and the Georgia country page.

Buying in Georgia: reservation, contract and registration

No sales documents are public yet, so the order below comes from Georgian law and the registry’s published fees. It starts where a buyer of this tower would start, with the sales launch, and ends with registration. The Article 183 of the Civil Code says that to acquire an immovable thing the transaction must be in writing and the acquirer’s ownership right must be registered in the Public Registry. Ownership therefore arises at registration, not at payment.

Close view of the tower facade with terraces, developer render

A foreign buyer signs under the same Civil Code rule as a citizen for an apartment. The guides on whether foreigners can buy property in Georgia and on how to buy property in Georgia set out the general position and the usual order. For an unfinished tower, the first documents are the reservation form, the draft agreement and the registry extract for the plot, and the agreement should state the unit by floor and number.

Registry fees depend on the speed chosen. The NAPR registration fee page lists GEL 150 for registration within 4 working days, GEL 270 within 1 working day and GEL 350 on the day of filing, for the registration of an ownership right or of an obligation related to it. In dollars at GEL 2.5933 that comes to roughly USD 57.8, USD 104.1 and USD 135.0. Which category applies to a unit that is not yet built depends on how the agreement is drafted, and the registry confirms it.

A buyer abroad can use a power of attorney legalised for Georgia or the registry’s own smart-contract service, which registers immovable property rights online through a virtual meeting booked in advance. Georgia acceded to the Apostille Convention on 21 August 2006, with entry into force on 14 May 2007, according to the Hague Conference status table.

Step Who Time and fee Source
Wait for the sales launch and the price list with unit numbers Developer Not yet published; pricing comes with the sales launch project site
Request the draft agreement, reservation form and payment terms Buyer, developer Not published archi.ge page (payment terms field blank)
Order an extract of the Public Registry for the plot Buyer, NAPR GEL 20 in 1 working day, GEL 13 online; GEL 26 extra for an English extract NAPR informational services page
Sign the written agreement Buyer, developer Terms set by the contract Article 183 of the Civil Code
Pay as the agreement schedules Buyer No schedule published Developer pages
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 registration fee page
Sign remotely, if needed Buyer, NAPR Virtual meeting booked online; Apostille Convention in force for Georgia since 14 May 2007 smart-contract service; status table
Apply for a residence permit, if wanted Public Service Development Agency GEL 300, 450 or 600 for a decision on the 30th, 20th or 10th calendar day Public Service Development Agency page

The mortgage side is covered in the guide to mortgages for foreigners in Georgia.

Tax, residence permit and financing for a foreign buyer

Property tax on individuals changed on 30 September 2026. The Tax Code on matsne.gov.ge records Law No. 1874 of that date among its amendments. As amended, Article 202(5) sets the annual rate on a natural person’s taxable property other than land at not less than 0.8 percent and not more than 1 percent of the market value at the end of the previous year. Article 206(1)(a) exempts such property if the family’s income in the previous year did not exceed GEL 100,000.

Tower base and park-side cycle path, developer render

The EY Georgia Tax and Law Brief for July to September 2026 reports the change and says the earlier exemption threshold was GEL 40,000. Guides written before 30 September 2026 carry the older bands and no longer match the Code. A natural person files the property tax return by 1 November and pays by 15 November (Article 205(12) and (14)); the Revenue Service publishes a property tax calculator on its Revenue Service property tax page.

As an illustration only, the printed studio indication of USD 290,000 is GEL 752,057 at GEL 2.5933 per USD. The Code’s 0.8 to 1 percent range would give GEL 6,016 to GEL 7,521 a year if applied to that value for a family whose income exceeded the exemption limit. The actual market value for tax purposes is set case by case, and the guide on property tax in Georgia covers the filing steps.

Rental income of an individual from residential space let with no deductions is taxed at 5 percent, and the general rate is 20 percent (Article 81(1) and (2)). The surplus on a sale of a residential apartment is taxed at 5 percent (Article 81(3)), and the surplus on an apartment owned for more than two years is exempt (Article 82(1)(f.a)). The VAT rate is 18 percent (Article 166). Whether a quoted price includes VAT is a term of the contract.

For residence, the Public Service Development Agency page lists a short-term residence permit for an alien holding title to immovable property other than agricultural land with a market value exceeding USD 150,000 equivalent in lari, established by a certified assessor, and an investment residence permit for property exceeding USD 300,000. Article 15(j) of the Law on the Legal Status of Aliens and Stateless Persons uses the same wording.

The project site speaks of residency by investment “from $150,000”, while the agency page says “exceeding”. The test is the assessor’s valuation, and the contract price does not settle it. The residence permit guide explains the process.

Printed price indication USD Against the USD 150,000 rule (GEL 388,995) Against the USD 300,000 rule (GEL 777,990)
Studio from approximately 290,000 Exceeds Below
Per m², from approximately 7,000 A unit larger than 21.4 m² at this rate would exceed it A unit larger than 42.9 m² at this rate would exceed it
Per m², top of the Ynet range 10,760 A unit larger than 13.9 m² at this rate would exceed it A unit larger than 27.9 m² at this rate would exceed it

The table compares printed indications with the statutory figures, and it does not predict an assessor’s valuation or confirm that such a unit exists. On financing, the National Bank of Georgia’s PTI and LTV page sets loan-to-value limits of 90 percent for loans in lari and 70 percent for foreign-currency loans, and payment-to-income limits of 25 percent (lari) or 20 percent (foreign currency) for net monthly income under GEL 1,500, rising to 50 and 30 percent from GEL 1,500.

TBC Bank and Bank of Georgia are named as providing a financing package for the development, but no source describes mortgage terms for buyers of the tower. Terms for non-residents are set bank by bank. The project site also prints investment statistics, including growth and tax figures, which this guide does not repeat because they are not sourced on the page; the Code reading above is the one verified here.

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): Tax Code on matsne.gov.ge; Revenue Service property tax page
Rental income, individual 5% on residential rent with no deductions; 20% general rate Tax Code art. 81(1)-(2): Tax Code on matsne.gov.ge
Sale of an apartment Surplus taxed at 5%; exempt on a residential apartment owned more than two years Tax Code arts. 81(3), 82(1)(f.a): Tax Code on matsne.gov.ge
VAT rate 18% Tax Code art. 166: Tax Code on matsne.gov.ge
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 page; Law on the Legal Status of Aliens and Stateless Persons
Investment residence permit Property exceeding USD 300,000 equivalent in GEL Public Service Development Agency page
Mortgage limits Loan-to-value 90% (lari), 70% (foreign currency); payment-to-income by income band PTI and LTV page
Exchange rate used USD 1 = GEL 2.5933, official rate for 12 November 2026 official exchange rate

What to ask for in writing before reserving

The developer’s pages leave most commercial terms open because sales have not started. The list turns each gap into a document or an answer that a buyer can request in writing before paying a deposit. Some items belong in the reservation form and the rest in the sale agreement.

Towers seen across the park, developer render
  1. The price list with unit numbers, floors, areas and the finish package, with the date it was issued and the currency of the contract.
  2. The handover date written into the contract, what counts as handover, and the stated consequence if the date is missed.
  3. The full legal name and registration details of the entity that signs the contract, and its relationship to Central Park Icon LLC, the owner and developer named on the project site.
  4. The cadastral code and street address of the plot, and a Public Registry extract showing its current status.
  5. The construction permit and design documents, including the final number of storeys and the final height.
  6. The payment schedule, which account or escrow receives each instalment, and how a deposit is refunded.
  7. A summary of the brand licence: its term, what the sale contract says if the licence ends, and who bears the cost of any change of name.
  8. The hotel operator, if any, with the operating agreement’s term and what it says about the residences.
  9. The services described as hospitality-style, such as concierge, valet and housekeeping: who provides them, what is included and what is charged.
  10. The service-charge budget, the owners’ share of the shared parts and the rules for the podium and sky facilities.
  11. What “interiors delivered complete” contains for each unit type: joinery, stone, fixtures, appliances and any furnishing.
  12. Whether the 850 residences include serviced or hotel-operated units, and how many are penthouses.
  13. If signing abroad: the form of the power of attorney or a booked registry virtual meeting.

None of these items is unusual for a pre-sales tower of this size. A written answer to each one, dated and signed by the contracting entity, leaves a buyer able to compare the final documents with the press figures in sections 2 and 3.

Other Archi projects in Tbilisi

The table lists the Archi projects in Tbilisi that are in this site’s Georgia portfolio, five of them in the Saburtalo district, with the main published information for each. Archi’s pages print no prices or handover dates for these projects, so the dates and per-square-metre figures come from Korter and are listing-site indications, not Archi prices. The entries are not ranked.

Downtown Tbilisi towers at dusk, developer render
Project Area Status as published Published information
Archi Panorama Tbilisi Saburtalo, Vashlijvari Under construction, 33 percent (archi.ge, 13 October 2026) Handover Q2 2027 and from USD 1,240 per m² (Korter, 26 October 2026)
Archi Universe Tbilisi Saburtalo, University Street Under construction (archi.ge progress log, 13 October 2026) Completion Q2 2027 and from USD 2,162 per m² (Korter, 25 October 2026)
Archi Lisi Sunrise Tbilisi Saburtalo, Lisi Under construction, blocks B and C at 62 percent (archi.ge, 13 October 2026) Completion Q1 2027 and from USD 2,050 per m² (Korter, 26 October 2026)
King Tamar by Archi Tbilisi Saburtalo, Merab Aleksidze Street Under construction, progress 1 percent (archi.ge) Completion Q3 2029 and from USD 2,887 per m² (Korter, 26 October 2026)
Archi Nutsubidze 2 Tbilisi Saburtalo, IV Plateau Under construction, block A at 91 percent (archi.ge) Completion Q4 2026 and from USD 1,415 per m² (Korter, 25 October 2026)
Grand Avenue by Archi Tbilisi Tsotne Dadiani Street, Tbilisi Under construction, early stage (archi.ge) From USD 1,609 per m² and 6 houses under construction (Korter, 26 October 2026)
Trump Tower Tbilisi (this page) Saburtalo, Tamarashvili Street Pre-sales; 0 percent progress (archi.ge) Press: studios from about USD 290,000; no handover date from the developer

The comparison shows the position of the tower in the portfolio and not a ranking. The other six projects have progress logs on archi.ge, and this tower has none yet. For a different Archi product on the coast, the Georgia portfolio also holds the joint Archi and NEXT project Kobuleti Beach Resort, which the project site mentions in its description of Archi’s resort portfolio.

Archi (developer)

Archi describes itself on its About page through counters showing 55 completed projects, 31 ongoing projects, 20 years of experience, 1,568,653 m² of completed construction and 1,238,468 m² of construction in progress, as seen on 12 November 2026. The same page’s longer text carries older figures, such as 51 projects, and the figures change between the developer’s releases, so the guide quotes the counters as the developer’s own and does not verify them.

An archi.ge news item of 5 July 2021 says Archi was founded in 2006 by Ilia Tsulaia, Meni Benish and Irakli Kapianidze and joined the development industry in 2008. The offices listed on archi.ge include the Philharmonic building on Melikishvili Avenue and a Tamarashvili Street office in Tbilisi, an office in Batumi and a sales office in Warsaw.

Archi’s news pages report an agreement with Deloitte to audit its consolidated IFRS statements (13 June 2024), the opening of ibis Tbilisi City, a four-star hotel in Ortachala (17 February 2025), a strategic partnership with BI Group of Kazakhstan (19 May 2026) and, with NEXT, the Kobuleti Beach Resort with a Swissôtel hotel (2 June 2026). These are the developer’s announcements, and the guide has not seen a partner’s own page for each of them.

Market-share, resident-count and ranking statements differ between the developer’s releases of 2026, and the guide does not repeat them. The company that signs a sale contract for a unit in this tower is the one named in the sale documents, and the project site names Central Park Icon LLC as the owner and developer.

Frequently asked questions

What is Trump Tower Tbilisi?

It is a planned 62-storey residential tower in the Saburtalo district of Tbilisi, on Tamarashvili Street next to Central Park, that archi.ge describes as developed by Archi and INVIA in partnership with The Trump Organization. The project site lists 850 residences from studios to four-bedroom homes. On 12 November 2026 archi.ge showed 0 percent progress and no apartments for sale, and the developer prints no price or handover date.

Where is the tower and what is next to it?

Archi gives the address as Tamarashvili Street, next to Central Park, in Saburtalo. The Georgian National Tourism Administration describes the Old or Delisi Hippodrome, now called Central Park, as around 36 hectares along Tamarashvili Street. The project site gives 8 minutes on foot to Delisi metro and 25 minutes by car to the airport. No street number or coordinates for the plot are published.

How many floors and how tall will it be?

Archi’s page and the September 2026 coverage say 62 storeys and about 280 m. JAMnews quotes the Prime Minister at 282 m, while the April 2026 announcement and Dezeen said about 70 storeys, and International Investment describes an older Archi page with 70 floors and 259 m. The final number belongs in the permits and the sale contract, and the unit’s own floor should be written there too. The project site says all renderings and dimensions are artist’s impressions subject to change.

How much does an apartment in Trump Tower Tbilisi cost?

The developer prints no price. The press reports studios from approximately USD 290,000 and from USD 7,000 per m² (Georgia Today and The National, 17 September 2026), a range of about USD 7,000 to USD 10,760 per m² (Ynet, 16 September 2026) and penthouses of around USD 15,000 per m². These are indications reported for the launch and not a price list.

When will Trump Tower Tbilisi be handed over?

Archi prints no handover date. JAMnews reports the Prime Minister’s targets of 2031 for the tower and 2033 for the whole complex, and International Investment mentions an older Archi page with 2029. The date that binds the seller is the one written into the sale agreement, together with the consequence of missing it. Until a sale contract exists, none of the dates in the press is a commitment by the developer, and the project site says nothing on this page constitutes an offer or contract.

How many residences are there and which unit types?

The project site says 850 residences above a retail podium, in a range from studios to four-bedroom homes, and press reports mention penthouses. Sizes and layouts are not published, and the site says the residence mix is at concept stage. Another outlet cites more than 1,600 residences for all six towers of the masterplan, which is a different scope. A buyer should ask for the number of apartments and penthouses separately in writing.

Who owns the tower and what does the Trump name mean legally?

The project site names Central Park Icon LLC as owner and developer and says it uses the TRUMP name under licence from DT Marks Tbilisi LLC. The same footer says the tower is not owned, developed or sold by Donald J. Trump or The Trump Organization. A buyer should ask the seller for a summary of the licence terms and for the name of the contracting entity.

Can a buyer get a Georgian residence permit through a unit?

Georgian law offers a short-term residence permit to an owner of non-agricultural property with a market value exceeding USD 150,000 equivalent in lari, set by a certified assessor, and an investment permit above USD 300,000. The press studio indication of USD 290,000 exceeds the first figure, but no unit list exists yet to test it against. What counts is the assessor’s report, not the figure in the contract.

Which taxes and registration fees would a foreign owner meet?

Property tax on an individual is 0.8 to 1 percent of market value, with an exemption if the previous year’s family income did not exceed GEL 100,000. Residential rent is taxed at 5 percent with no deductions, and a sale surplus at 5 percent, exempt on an apartment owned more than two years. NAPR registration costs GEL 150, GEL 270 or GEL 350 by speed.

Is there a payment plan or a mortgage?

No payment plan is published, and the archi.ge payment terms field is blank. TBC Bank and Bank of Georgia are named as providing a financing package for the development, but no source gives buyer mortgage terms. The National Bank of Georgia limits loans to 90 percent of value in lari and 70 percent in foreign currency, and terms for non-residents are set bank by bank.

Sources and last check

Last checked: 12 November 2026. Sources:

This is not legal, tax or financial advice.

  • City Tbilisi
  • Country Georgia

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Zhamal Abdykozhoeva
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Zhamal Abdykozhoeva
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