Flat in Tbilisi, Georgia, 39 m²

IDEA Panorama II - premium apartments in Vake-Saburtalo, Tbilisi

Modern residential project with panoramic views, spacious terraces and apartments from 37 m². Delivery - IV quarter of 2027. Selection of an apartment and support of the transaction - Invest Cafe

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About the project

IDEA Panorama II is the second phase of a modern residential complex in the Vake-Saburtalo district at the address: Georgiy Danelia Street, 57, Tbilisi.

The project is being implemented by Idea Development. The first stage of IDEA Panorama has already been completed, so the buyer can evaluate the architecture, quality of construction and landscaping of the finished complex. Completion of the second phase is scheduled for the fourth quarter of 2027.

IDEA Panorama II is suitable for buyers who are not looking for the cheapest apartment in Tbilisi, but a high-quality and marketable property in a strong area with rental potential and subsequent growth in value.

According to Invest Cafe, this is one of the most interesting projects in Tbilisi in the “quality, liquidity and capitalization” category .

Main characteristics

• Vake-Saburtalo district;

• George Danelia Street, 57;

• commission - IV quarter of 2027;

• 13 floors;

• 132 apartments;

• area from 37 m²;

• commercial and office premises;

• two-level parking;

• Green Frame+ status;

• floor heating system;

• spacious terraces;

• panoramic views;

• concierge service;

• children's and recreational areas;

• padel tennis court;

• video intercom and access control.

Prices and availability of apartments must be confirmed immediately before booking.

Apartments and prices

The project includes:

• compact studios;

• apartments with one separate bedroom;

• apartments with two and three bedrooms;

• large family apartments;

• penthouses with spacious terraces.

According to published offers:

• studios with an area of about 39–46 m² - from approximately $89,500;

• apartments with an area of 51–52 m² - from approximately $117,000;

• apartments with an area of 79–80 m² - from approximately $179,000;

• large family apartments and penthouses - from 154 m².

When choosing, you need to compare not only the total cost of the apartment, but also the internal living area, terrace size, floor, window orientation and layout affordability.

Panoramic view

The main feature of IDEA Panorama II is the open views towards Tskneti.

The project is located in such a way that the apartments receive maximum natural light and panoramic views of the city and the surrounding hills. The developer states that the main panorama should not be blocked by future construction.

An apartment with a permanent open view usually stands out among standard new buildings and may be more in demand for rental and resale.

The project provides for wide terraces finished with frost-resistant granite and glass railings. The terrace here is a full-fledged part of the living space, and not a small technical balcony.

Green Frame+ condition

Apartments are delivered in improved condition Green Frame+.

The package includes:

• floor heating system;

• floor screed;

• prepared walls;

• engineering communications;

• electrical wiring;

• connection of gas, water and electricity;

• energy efficient aluminum windows;

• entrance door;

• places for a heating boiler;

• places for outdoor units of air conditioners;

• video intercom;

• finished terraces.

The buyer must independently complete the finishing touches, install plumbing, kitchen, lighting, furniture and household appliances.

Green Frame+ allows you to reduce the amount of complex engineering work and quickly prepare an apartment for living or renting.

Location

IDEA Panorama II is located in Vake-Saburtalo - one of the most sought-after areas of Tbilisi.

Approximate travel time:

• Saburtalo-Bagebi bridge - about 3 minutes;

• Vake-Saburtalo road - about 6 minutes;

• University metro station - about 6 minutes by car;

• Central City Park - about 9 minutes.

Nearby are universities, schools, medical institutions, shops, pharmacies, cafes, restaurants, sports facilities and business infrastructure.

Saburtalo is in demand among families, professionals, students, employees of international companies and foreigners planning long-term residence in Tbilisi.

Why is the project interesting for investors

Strong area

Vake-Saburtalo remains one of the most liquid areas of Tbilisi for the purchase, rental and resale of real estate.

Demand here is generated not only by tourists, but also by local residents, families, students, foreign specialists and employees of international companies.

The first stage has already been completed

IDEA Panorama I has already been put into operation. This reduces the risk compared to developer projects without completed objects.

The buyer can see the finished house, common areas and the quality of the project.

Limited number of apartments

The second stage will include 132 apartments.

This is significantly less than in mass complexes of several hundred or thousand lots. After completion, there will be less competition between identical apartments for rent and resale.

Difference from a typical new building

The project is highlighted by:

• panoramic views;

• spacious terraces;

• warm floor;

• Green Frame+ status;

• concierge service;

• modern architecture;

• own infrastructure;

• limited number of apartments.

When resold, such an object is valued not only by the price per square meter, but also by the quality of life, view, condition of the house and infrastructure.

Rent and profitability

IDEA Panorama II is suitable for long-term rental in the middle and upper middle price segment.

Main audience of tenants:

• foreign specialists;

• pairs;

• small families;

• employees of international companies;

• tenants who value a modern home, a terrace and panoramic views.

The rental rate will depend on the area, floor, view, renovation, furniture and availability of a parking space.

A compact apartment can provide a higher percentage of profitability. A spacious apartment with a good view and a terrace may be more interesting for preserving capital and subsequent resale.

IDEA Panorama II should be considered as a combination of:

• rental income;

• quality real estate;

• preservation of capital;

• possible increase in cost after completion of construction.

Invest Cafe calculates the potential return on the full investment amount, including the cost of the apartment, renovations, furniture, appliances, legal expenses, maintenance, management and possible downtime.

Purchase conditions

The developer offered a program with an initial payment of 5%, internal installments and payment of the main part of the cost after completion of construction.

Exact conditions depend on the selected apartment and are subject to change.

Which apartment to choose

The most interesting for rent is a compact apartment with a separate bedroom, a good view and a terrace of a reasonable size.

The following are important for value growth:

• open panoramic view;

• middle or high floor;

• functional layout;

• separate bedroom;

• good natural light;

• a terrace that you can actually use;

• location away from elevators and technical rooms;

• Parking space for a family apartment;

• reasonable price per square meter.

The smallest studio is not always the best investment. An apartment with a separate bedroom usually has a wider audience of tenants and buyers.

Who is the project suitable for

IDEA Panorama II may be suitable:

• investors with a horizon of 3–5 years;

• buyers of quality real estate in Tbilisi;

• families choosing a modern apartment in Saburtalo;

• foreigners for whom liquidity is important;

• buyers who want a terrace and panoramic views;

• investors who are ready to carry out high-quality repairs;

• clients who prefer a project with the first stage completed.

The project may not be suitable for those looking for a minimum entry cost, a ready-made apartment for immediate rental, or maximum current profitability.

Purchase through Invest Cafe

Invest Cafe is not the developer of IDEA Panorama II. We independently select real estate in Georgia and represent the interests of the buyer.

Support includes:

• obtaining an up-to-date list of apartments;

• comparison of floors, views and layouts;

• analysis of price per square meter;

• calculation of the full cost including repairs and furniture;

• evaluation of potential rentals;

• checking the developer and documents;

• checking the contract;

• negotiations on price and payment schedule;

• remote booking;

• transaction support;

• organization of repairs and furnishings;

• selection of controls;

• developing a resale strategy.

Get IDEA Panorama II apartments

Invest Cafe – Relocation & Investment Club

: +972-545-796-456
Email:

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“IDEA Panorama II - I want to receive current prices, layouts and investment calculations.”