Under construction
$1,950per m²Tbilisi, Georgia
HISNI by Biograpi, photo 1Price from
$93,451US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.$1,344 per m²
cheaper than 70% of city projects: -15%Data verified Oct 7, 2026 · price source: developer partner network · updated 7 days ago
- Properties
- Condominium
- Area
- 37 - 107 m²
- Bedrooms
- 1 - 2
- Completion
- Q1 2029
- Readiness
- Under construction
- Dry season
- Feb, Dec, Jan
- First instalment
- 10%
Price
Is this expensive for the city
$1,344 per m², Tbilisi median $1,583
Median $1,583This project $1,344
$1,027$3,112
-15% vs the city median (Tbilisi), sample of 17 projects. cheaper than 70% of city projects.
Rate as of 2026-10-14, city data updated 2026-10-14. Prices converted to US dollars at the quote-date rate. Source: Housebook catalogue. The scale is logarithmic.
The cost of this project
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What it really costs
Payment plan
- 10%Step 1 · On contract$9,345
- 30%Step 2 · Before commissioning$28,035
- 60%Step 3 · After transfer$56,071
- Total
- 100% · $93,451
The developer may revise the payment schedule. Confirm the current terms before the deal.
ROI Calculator
$46,726$196,024
$50$1,450
A 6% annual yield estimate. We do not have market rental rates for this city yet. Check the real rate with your agent.
40%100%
0%20%
- Monthly income
- $318
- Annual income
- $3,820
- Gross yield
- 6.1%
- Net yield
- 4.1%
- Value in 5 years
- $125,059
- 5-year ROI
- 54%
See calculation details
- Gross annual rent
- $5,700
- Common area fee
- -$810
- Tax (10%)
- -$570
- Agent commission
- -$500
- Net annual income
- $3,820
Read moreCollapse
Calculations are estimates based on average market data. Actual returns may vary. This is not financial advice.
When is the season here
Driest months: Feb, Dec, Jan Wettest months: May, Apr, Jun Dry months per year: 5. A month counts as dry when its rainfall is below the annual median of monthly rainfall.
Rainfall, mm per monthTemperature, °C
Show monthly table
| Month | Temperature, °C | Rainfall, mm |
|---|---|---|
| Jan | 1.0 | 18 |
| Feb | 2.6 | 17 |
| Mar | 7.2 | 28 |
| Apr | 11.7 | 49 |
| May | 17.6 | 58 |
| Jun | 22.8 | 49 |
| Jul | 26.0 | 27 |
| Aug | 25.6 | 27 |
| Sep | 20.4 | 25 |
| Oct | 14.0 | 38 |
| Nov | 7.1 | 25 |
| Dec | 2.2 | 17 |
Source: NASA POWER, climate normal (2001-2020). Grid node 41.7, 44.8. This is a multi-year normal, not a weather forecast.
About the project
- Properties
- Condominium
- Completion
- Q1 2029
- Status
- Under construction
- Area
- 37 - 107 m²
Description
Biograpi is building HISNI by Biograpi in Tbilisi, Georgia, within the Tbilisi Municipality region. The project is under construction, with completion set for January 2029.
The layouts on offer range from one to two bedrooms, with areas spanning from 32.04 sqm up to 106.56 sqm. The smaller end of that range fits a compact, studio-like layout, while the larger units give room for a full two-bedroom configuration.
Prices start at 86,347 USD and reach 163,353 USD, with a price per square meter of 1,277 USD. That spread in both price and area means a buyer can choose between a smaller entry-level unit and a larger two-bedroom layout within the same development.
At this stage construction is actively underway on site, with handover tied to the January 2029 date.
This description was prepared with the help of artificial intelligence from developer data and public sources. Please check key figures and terms with our adviser.
Price in your currency
Rate: 1 USD = 1 USD≈ $93,451Rate as of 2026-10-14
Denominated in USD - a natural hedge against a weakening USD.
Sources: exchangerate-api.com
Location
Tbilisi, Georgia
Market context
Apartment price growth11.5%
Villa price growth12.3%
Transaction volume40,350units, ↑ +1.1% YoY
Gross rental yield8.6%
Average rent$9.5per sqm per mont
Price per sqm$1,320per sqm, ↑ +7.1% YoY
Residential prices in Tbilisi continued to rise in 2025, with the average price per square metre in new buildings up 11.5% year‑on‑year to 3,236 GEL (≈$1,330) and overall price levels 57% higher than in 2020. Rental demand remained solid, supporting gross yields of about 8.6% and average rents of $9.5 per square metre per month, while transaction volume grew modestly to 40,350 apartments, of which foreign buyers accounted for roughly 6‑7% of deals. The combination of strong domestic demand, ongoing infrastructure projects and a liberal legal framework keeps Tbilisi attractive to foreign investors.
Sources (6) · updated 21/08/2026
- Tbilisi Residential Real Estate Market in 2025 | Blog Centrarium ↗
- Real Estate Prices in Tbilisi in 2025 - Market Overview and Forecasts ↗
- Residential Property Prices in Tbilisi and Batumi: Market Analysis 2024-2025 ↗
- Tbilisi Real Estate Market Analysis: What You Should Know Before Buying - Archi.ge ↗
- Investing in Apartments in Tbilisi - Real Rental Income in 2025 ↗
- How Rental Property Works in Tbilisi for Investors - Yield, Risks & Best Rental Strategies ↗
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