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Details

Price from /m²
$1,300
Built
99%
Handover
Q3 2026
Flats
—
Location
Mikhail Lomonosov St, 5, Kutaisi

Price vs the market

31% above the Kutaisi median

$1,300/m² against a median of $995/m² across 22 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 202699%—
Rioni ViewMelk Development$1,000Q4 202736%556 m
M1 Jgupi Kutaisi—₾3,630Q4 202736%592 m
ZenariZenar Development$1,200Q2 202822%664 m
Garden HouseDG Invest Plus$1,150Completed (2024)100%683 m
BjolebiM1 Group$1,300Q4 202736%685 m
Chronicle ResidenceComfort City$1,200To be announced35%700 m

Building in 3D

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8 floors · — · 99% built · hover a floor

Neighborhood

Very walkable

Walk82

Area

Country
Georgia
City
Kutaisi
Neighborhood
Kutaisi Center
Address
Mikhail Lomonosov St, 5
To Center
1.8 km · ~4 min
15-Min Living
198+ spots walking
Air & Ecology
AQI 26 · Clean Air

Nearby

  • Restaurants73
    • Imperatori72 m · 1 min
    • Milano120 m · 1 min
    • Coffee street148 m · 2 min
    • Gua157 m · 2 min
  • Landmark28
    • Tsminda Davit Da Konstantine121 m · 2 min
    • Ioane Natlismtsemlis Eklesia293 m · 4 min
    • Kutaisis Sakhelmtsipo Istoriuli Muzeumi620 m · 8 min
    • Head686 m · 9 min
  • School27
    • №9 Sajaro Skola157 m · 2 min
    • XXI Saukune204 m · 3 min
    • Kartul-Amerikuli Skola Progresi445 m · 6 min
    • Disneis Samqaro453 m · 6 min
  • Clinic23
    • Bavshvta Poliklinika #1311 m · 4 min
    • Central hospital358 m · 4 min
    • VIP Dental365 m · 5 min
    • Tsm. Nikolozis Sakhelobis Kirurgiuli Tsentri430 m · 5 min
  • Market22
    • Pemili186 m · 2 min
    • Deili240 m · 3 min
    • Nikora306 m · 4 min
    • Cheese House376 m · 5 min
  • Pharmacy16
    • Parmadepo173 m · 2 min
    • Psp302 m · 4 min
    • Pharmacy303 m · 4 min
    • Mtsvane Aptiaki330 m · 4 min
  • University5
    • Humanitaruli Da Iuridiuli Instituti243 m · 3 min
    • Samartlisa Da Ekonomikis Universiteti556 m · 7 min
    • Kievis Slavistikuri Universitetis Tsarmomadgenloba Sakartveloshi - Kartul Ukrainuli Saertashoriso Akade957 m · 12 min
    • Anania Shirakatsi University of International Relations1.2 km · 16 min
  • Park3
    • Kharazovis Parki687 m · 9 min
    • Tsentraluri Baghi “Bulvari“883 m · 11 min
    • Vladislav Rachkevichis Sakhelobis Skveri1.0 km · 13 min
  • Gym1
    • Galileo467 m · 6 min

About the project

Vivkini Balakhvani — ქუთაისი. Project and address on Sivrce.

Estimate a mortgage

$65 000
$19 500
10.0%
20 years
Monthly payment
$439
Loan amount$45 500
Total interest$59 880
Total repaid$105 380

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 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. Construction progress: 99%.

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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