en.dagvitove_nomeri_title
Our real estate expert will help you choose the apartment of your dreams💙
Often, consumers refuse to purchase an apartment for this reason...
07.03.2025

Often, consumers refuse to purchase an apartment for this reason...

Tbilisi is developing rapidly. Due to urbanization, the demand for suburbs is increasing, which is confirmed by statistics, according to which the growth of real estate prices exceeds the center. Despite the stable trend of increasing interest in suburbs, many consumers still refrain from purchasing an apartment in these areas. The reason is often fear of location. Is this fear justified?

"I can't find this place", "it's too far", etc. - potential apartment buyers often say. Nowadays, we can say that arguments of this type have been largely disproven. Even the most peripheral districts of Tbilisi are developing infrastructure and are effectively connected to the city center.

What does infrastructural development mean? - Within a radius of 1 kilometer from your residence, or approximately a 10-15 minute walk, you will have access to a supermarket, shopping mall, education, primary healthcare, and mobile public transport.

The center of Tbilisi is experiencing congestion, and developers and the municipality are actively working on such districts as: Gldani, Didi Digomi, Ponichala, etc. Each of them is distinguished by developed public transport lines, served by many public institutions, which are less busy compared to the center.

An example of this is Gldani, which is served by two metro stations and even its own House of Justice. You can satisfy all your needs without leaving Gldani. Once simply a "sleeping district", today it is "in the city", this is also reflected in demand. Based on the principles of a market economy, an increase in demand is accompanied by an increase in prices. Currently, the average price of a 1 sq. m. apartment exceeds $ 1,100, while just 4 years ago it was about $ 600. For comparison, in Saburtalo today the price is about $ 1,600, and 4 years ago it was up to $ 1,300. It is clear that the rate of price growth is faster in Gldani.

Another issue is the investment potential. Developers are increasingly choosing suburbs for investment, because they are very profitable financially. Many citizens are aware of this, which is also reflected in objective figures. If your income does not allow you to purchase an apartment in the city center today, it is better to invest in real estate - for example, in Ponichala, where the average price of 1 sq.m. is within 800 dollars. If you are in a waiting mode, real estate prices will continue to grow, and in a few years the most undesirable area will suddenly become inaccessible to you.

Users should not be afraid of an unknown location. We must remember that housing is not just a building, and the infrastructure around it significantly determines the quality of our life. Among them, it saves us finances. Today it is difficult to find a neighborhood that is severely cut off from urban services. The growing potential of suburbs will make your choice of these neighborhoods profitable in the future.