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Details

Price from /m²
₾1 300
Handover
Q3 2026
Flats
—
Floors
8 floors
Location
Mikhail Lomonosov St, 5, Kutaisi

Price vs the market

Near the Kutaisi median

₾1,300/m² against a median of ₾1 300/m² across 41 new-build projects in Kutaisi.

Developers’ published “from” prices on Sivrce — the entry price, not an average.

Nearby new builds comparedNew-build projects within 5 km — price, handover and construction progress
ProjectFrom /m²HandoverBuiltDistance
Vivkini BalakhvaniThis project₾1 300Q3 2026——
Riverside BalakhvaniIberia Star Group₾1 000Completed (2025)100%356 m
Sarajishvili LivingLUJI HOUSE$1 200Q2 2028—546 m
Rioni ViewMelk Development₾1 000Q4 2027—556 m
M1 Jgupi Kutaisi—₾3 630Q4 2027—592 m
Tsereteli AvenueLUJI HOUSE$1 200Q4 2028—593 m
Episode RioniEpisode Development₾2 500Q4 2026—642 m

Building in 3D

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8 floors · — · Under construction · hover a floor

Neighborhood

Walker’s Paradise

Walk95

Your commute

Add your work or school — every listing shows how far it is.

Area

Country
Georgia
City
Kutaisi
Neighborhood
Kutaisi Center
Address
Mikhail Lomonosov St, 5
To Center
1.8 km · walk ~22 min · transit ~11 min · drive ~8 min
15-Min Living
242+ spots walking
Air & Ecology
AQI 29 · Clean Air

Nearby

About the project

Vivkini Balakhvani is a ongoing residential project by Vivkini in ქუთაისი at Mikhail Lomonosov St, 5, completion 2026 Q3.

Estimate a mortgage

$24 995
$7 499
10.0%
20 years
Monthly payment
$169
Apartments up to this price
Loan amount$17 497
Total interest$23 026
Total repaid$40 523

Indicative figure calculated with the standard annuity formula — not a bank offer.

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Frequently asked questions

How much is a square meter in Vivkini Balakhvani?

Prices in Vivkini Balakhvani start from ₾1,300/m². Location: Mikhail Lomonosov St, 5. New-build prices in 2026 vary by floor, view and frame condition.

When will Vivkini Balakhvani be handed over?

Handover date: Q3 2026.

Which frame condition are apartments sold in at Vivkini Balakhvani?

New developments in Georgia are typically sold in three conditions: black frame (shell only), white frame (ready for renovation — plaster, wiring, screed) and green frame (near-complete). Confirm the exact condition for Vivkini Balakhvani with the developer's sales office.

Can I buy an apartment in Vivkini Balakhvani with an installment plan or mortgage?

You can buy in Vivkini Balakhvani with a developer installment plan (typically 10–30% down, payments until handover) or a bank mortgage. Confirm details with the developer or contact us on Sivrce.

Who builds Vivkini Balakhvani?

Developer: Vivkini. Full profile, other projects and reviews: sivrce.ge/developers/vivkini.

Is buying in Vivkini Balakhvani a good investment?

Buying under construction is usually cheaper than a completed unit — prices rise toward handover. Rental yield and ROI in Kutaisi depend on the district and frame condition; compare similar projects on Sivrce.

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