Apartments in Tbilisi on installments
Almost all new builds in Tbilisi are sold on developer installment plans: from 10% down, the rest in installments until completion, with no bank. Our catalog has 15 residential complexes with prices from $53,457 — directly from developers, no commission.
Get a payment scheduleHow a developer installment plan works
- ReservationYou choose an apartment, and it is taken off sale while the contract is prepared.
- ContractYou sign a contract with the developer. Your right to the apartment can be pre-registered in the Public Registry — this protects against double sale.
- Down paymentUsually from 10% of the price. No bank, credit history or income statement needed.
- Payments until completionThe rest is paid in installments on a schedule until construction ends. Once the building is completed, the apartment is registered as your property.
What to know
- According to Galt & Taggart, in buildings completed in 2025, 94% of apartments were sold through developer installment plans.
- Installments are usually interest-free, but the price is higher than paying in full. An Axis example: +6.7% on a 30/70 scheme and +11.1% with 10% down and payments until completion.
- Each developer has its own terms: the down payment, the number of payments, a large payment at completion. We’ll send the schedule for a specific apartment.
- The completion date and penalties must be written into the contract: Georgia has no special law on off-plan sales.
Down payment by complex
| Complex | District | Completion | Price from | 10% down |
|---|---|---|---|---|
| Gardani | Gldani | Q4 2029 | $53,457 | $5,300 |
| Chantan | Saburtalo | Q4 2027 | $80,100 | $8,000 |
| Mozaika | Saburtalo | Q4 2029 | $83,790 | $8,400 |
| Daira | Ortachala | Q4 2029 | $85,008 | $8,500 |
| Hisni | Vake | Q4 2028 | $93,450 | $9,300 |
| Idea Panorama II | Saburtalo | ask us | $94,036 | $9,400 |
| Tbilisi Oriental | Ortachala | Q4 2028 | $95,160 | $9,500 |
| Central Park | Saburtalo | ask us | $102,892 | $10,300 |
| Bare | Mtatsminda | ask us | $121,616 | $12,200 |
| Sakeni | Saburtalo | Q3 2027 | $128,973 | $12,900 |
| Matiani | Didube | ask us | $131,813 | $13,200 |
| Idea Panorama I | Saburtalo | completed | $149,040 | $14,900 |
| Tbilisi Downtown | Avlabari | Q3 2027 | $174,000 | $17,400 |
| Cinema City | — | Q4 2029 | $206,000 | $20,600 |
| Libretto | Vake | Q4 2029 | $220,043 | $22,000 |
The down payment is 10% of the most affordable available apartment. Developer prices as of today, updated daily.
Biograpi
Gardani
Gldani, Metro Akhmeteli Theatre
from $53,457
Biograpi
Chantan
Saburtalo, Metro Tsereteli
from $80,100
Biograpi
Mozaika
Saburtalo, Metro Delisi
from $83,790
Biograpi
Daira
Ortachala, Metro 300 Aragveli
from $85,008
Biograpi
Hisni
Vake, Metro Delisi
from $93,450
Idea Development
Idea Panorama II
Saburtalo, Metro State University
from $94,036
Installments or a mortgage
An installment plan needs no bank and no income check, but you pay until completion, and the price is higher than paying in full. A mortgage runs 10–20 years, but needs 20–30% down and proven income; a loan of up to GEL 1 million in US dollars is only available with income in US dollars.
We’ll send you an installment schedule
We’ll pick apartments for your budget and send a payment schedule: down payment, monthly payment, term. No commission.
Frequently asked questions
Can a foreigner buy an apartment on installments?
Yes. Developer installment plans are offered to both Georgian citizens and foreigners: no bank or income statement is needed, and the contract can be signed by power of attorney without coming in person.
How much is the down payment?
Usually from 10% of the apartment price; developers sometimes run promotions with a smaller down payment. Exact terms depend on the project — we’ll send them for the apartment you choose.
Is an apartment more expensive on installments?
As a rule, yes: no interest is charged, but the price is higher than paying in full. For example, with the developer Axis the difference is 6.7% to 11.1%, depending on the schedule.
By when must the installments be paid off?
Usually by completion: the later the completion date, the more months you have and the smaller the monthly payment. Sometimes part of the amount is paid when you receive the keys.
Sources
- Galt & Taggart — Tbilisi Residential Real Estate, December 2025
- Axis — example of an apartment price under different payment options
- Law of Georgia on Public Registry (Article 12)