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Details

Price from /m²
$900
Built
35%
Handover
Q4 2028
Flats
—
Location
Nikea st. 6, Kutaisi

Price vs the market

12% below the Kutaisi median

$900/m² against a median of $1 017/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
RIX DevelopmentThis project$900Q4 202835%—
K2 NikeazeK2 Invest$1,033To be announced35%96 m
Panorama Gardens Chavchavadze—$821To be announced35%335 m
White Square KutaisiWhite Square$790Q4 202643%570 m
AsatianiLuji House$800Q2 202835%731 m
Panorama KutaisiPanorama Group$780Completed (2024)100%1.6 km
Panorama KutaisiPanorama Group₾2,958Completed (2024)100%1.6 km

Building in 3D

جارٍ تحميل الخريطة ثلاثية الأبعاد…

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

الحي

مشي جزئي

مشي67

Area

Country
Georgia
City
Kutaisi
Neighborhood
Nikea
Address
Nikea st. 6
To Center
0.6 km · ~3 min
15-Min Living
78+ spots walking
Air & Ecology
AQI 26 · Clean Air

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About the project

RIX Development — ქუთაისი. Project and address on Sivrce.

Estimate a mortgage

$45 000
$13 500
10.0%
20 years
Monthly payment
$304
Loan amount$31 500
Total interest$41 456
Total repaid$72 956

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 RIX Development?

Prices in RIX Development start from $900/m². Location: Nikea st. 6. New-build prices in 2026 vary by floor, view and frame condition.

When will RIX Development be handed over?

Handover date: Q4 2028. Construction progress: 35%.

Which frame condition are apartments sold in at RIX Development?

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 RIX Development with the developer's sales office.

Can I buy an apartment in RIX Development with an installment plan or mortgage?

You can buy in RIX Development 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 RIX Development?

Developer: RIX Development. Full profile, other projects and reviews: sivrce.ge/developers/rix-development.

Is buying in RIX Development 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.

+995 500 333 111WhatsApp

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