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Details

Price from /m²
$1,500
Built
35%
Handover
To be announced
Flats
—
Location
Archil Mefe St, 17, Tbilisi

Price vs the market

10% above the Saburtalo median

$1,500/m² against a median of $1 368/m² across 137 new-build projects in Saburtalo.

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
Park AvenueThis project$1,500To be announced35%—
Contrust Didi DighomiContrust$950Q3 202635%138 m
Aroma GardensMy Development$1,100Q3 202635%207 m
Premium House Didi DighomiPremium House$950Q3 202635%227 m
GTB Didi DigomiGTB Development—Q4 202815%312 m
Khedi Didi DighomiKhedi—Q4 202635%404 m
Idealti Did Dighomshi—₾3,227Completed (2024)100%404 m

Building in 3D

Завантаження 3D-мапи…

8 floors · — · 35% built · hover a floor

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Area

Country
Georgia
City
Tbilisi
Neighborhood
Saburtalo
Address
Archil Mefe St, 17
To Center
11,1 км · транспорт ~42 хв · авто ~26 хв
15-Min Living
71+ spots walking
Air & Ecology
AQI 28 · Clean Air

Nearby

About the project

Park Avenue residential complex in Tbilisi represents a unique space where attention to every detail and the comfort of future residents are the core principles. This project is designed in line with modern requirements for high-comfort housing and offers a distinctive quality of life. Advantages special atmosphere; promising district; high construction quality; advanced technologies; 9-point seismic resistance; beautifully designed lobbies; convenient navigation system; safe and well-maintained courtyard; walking paths; underground and surface parking; low-noise elevators; well-thought-out layouts; modern apartments; central utilities; high ceilings; various purchase options; affordable price; mortgage and installment plans available; experienced developer. Location Park Avenue residential complex is located at 17 , Archil Mepe Street in a developed neighborhood characterized by dense residential development and a favorable ecological environment, as there are no major industrial facilities nearby. According to the development map, a busy road runs near the complex, providing convenient transport connections with other parts of Tbilisi. Transport accessibility The distance from Park Avenue to the nearest stop is 105 meters — buses No.302, No.311, No.314, No.315, No.321, No.335 and minibuses No.442, No.460, No.518, No.539, No.541 run along Archil Mepe Street with an interval of 18 minutes. By bus No.321, you can reach the Sarajishvili metro station in about 30 minutes. The distance to Didube bus station is less than 8 kilometers, and to Tbilisi-Passenger railway station — 12 kilometers. Shota Rustaveli International Airport can be reached by car in about 40 minutes. What’s nearby One of the advantages of this project is its convenient location surrounded by full infrastructure that meets all the needs of a modern resident of Tbilisi. Within a 5–10 minute drive from the complex, there is a wide range of amenities: minimarkets, various shops, supermarkets and shopping centers offering goods and services for daily needs; beauty studios providing high-quality personal care services; cozy cafes, coffee shops, restaurants, canteens, bars and pubs, as well as popular fast food chains such as KFC and McDonald’s; post offices and banks ensuring convenient financial services; gas stations and car service centers; dental clinics, pharmacies and medical institutions, including Imedi Clinic medical center, Central Children’s Hospital, Chafidze Emergency Cardiology Center, angiological and vascular surgery center; Dinamo Academy sports complex for an active lifestyle; Dighomi Park for enjoying nature and outdoor activities; kindergartens and educational institutions, including Grigol Robakidze University, International Black Sea University, Free University of Tbilisi, public schools No.186 and No.192, private school Intellect and others. Construction principles The project features speak for themselves. Park Avenue consists of a single 21-storey building constructed using advanced monolithic frame technology. This ensures strength, durability and the ability to implement bold architectural solutions. The construction takes into account the region’s climate and seismic activity. The chosen approach ensures optimal maintenance costs while maintaining a high level of comfort. The building walls are made of brick with frost resistance, excellent sound insulation, durability and reliability. Additional facade insulation using eco-friendly materials ensures high energy efficiency. The facade is finished with ceramic brick in various shades, giving the building individuality and style. The flat roof is covered with soft roll waterproofing and equipped with internal drainage systems. The building is equipped with modern engineering systems, intercom and fire safety systems. Elevators provide fast access to all floors. Special attention is given to accessibility for people with limited mobility, ensuring maximum comfort for all residents. In Park Avenue, not only apartments but also common areas are designed in a stylish manner. Elegant finishing of lobbies and shared spaces adds charm and creates a pleasant visual impression. Courtyard The landscaped courtyard of Park Avenue will become a true oasis for residents. The territory is fully enclosed, providing privacy and comfort. A 24/7 video surveillance system is installed throughout the perimeter, ensuring a high level of safety. Driveways and guest parking spaces are arranged for visitors. A modern children’s playground with swings and slides is provided for young residents. A cozy recreation area is created in the courtyard, along with a sports zone equipped with modern exercise machines to encourage an active lifestyle. Barrier-free access is implemented for people with limited mobility. Residents have access to both underground and surface parking. Landscaping, including lawns and various plants, creates a well-maintained and picturesque environment, contributing to a comfortable living atmosphere. Apartment sales The complex offers apartments with modern ergonomic layouts and three-meter ceilings, ensuring good air circulation and a spacious feel. Apartments are delivered in “green frame” condition. This includes finished walls, floors, ceilings and plumbing systems. To create a comfortable living space, it is enough to add furniture and household appliances. This approach minimizes renovation efforts and allows for a smooth move-in process. Windows are made of metal-plastic profiles with energy-efficient double glazing, ensuring optimal thermal insulation and sound absorption. Each apartment also features a spacious open balcony, creating a bright and cozy place to relax. Apartments are sold for cash, ensuring a fast and simple transaction process. Installment plans are also available, as well as mortgage options for those seeking long-term stability. More detailed information can be obtained at the sales office. Park Avenue residential complex is not just a building, but a unique environment where the balanced combination of modern technologies, functionality and comfort creates ideal conditions for living. About the construction company The project is developed by Deka Development, a company focused on meeting client needs by offering modern housing at an optimal price. Since its establishment in 2019, the company has been actively operating in Tbilisi, striving to provide reliable and comfortable housing. Over the years, Deka Development has successfully completed several residential projects already put into operation, confirming its professionalism and responsible approach to construction.

More projects — Arkan Property

Estimate a mortgage

$75 000
$22 500
10.0%
20 years
Monthly payment
$507
Apartments up to this price
Loan amount$52 500
Total interest$69 093
Total repaid$121 593

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

Spotted an inaccuracy? Tell us

Frequently asked questions

How much is a square meter in Park Avenue?

Prices in Park Avenue start from $1,500/m². Location: Archil Mefe St, 17. New-build prices in 2026 vary by floor, view and frame condition.

When will Park Avenue be handed over?

Handover date: To be announced. Construction progress: 35%.

Which frame condition are apartments sold in at Park Avenue?

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 Park Avenue with the developer's sales office.

Can I buy an apartment in Park Avenue with an installment plan or mortgage?

You can buy in Park Avenue 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 Park Avenue?

Developer: Arkan Property. Full profile, other projects and reviews: sivrce.ge/developers/arkan-property.

Is buying in Park Avenue a good investment?

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

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