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Details

Price from /m²
$2,400
Built
37%
Handover
Q4 2027
Flats
150 flats
Floors
13 floors
Location
Ilia Chavchavadzis Ave. 5A, Vake, Tbilisi

Price vs the market

23% above the Vake median

$2,400/m² against a median of $1 950/m² across 86 new-build projects in Vake.

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
Vake TowerThis project$2,400Q4 202737%—
OrionOrion Group$3,800Completed (2021)100%233 m
Axis Chavchavadze 49Axis—Completed100%272 m
Apart VakeApart Group$2,800Q1 202915%319 m
Alliance HighlineAlliance Group$2,600Q4 202731%341 m
Parkwood 2Parkwood$3,400Q4 202672%650 m
Hausart Arena 2HausArt Lux$1,650To be announced35%692 m

Building in 3D

جارٍ تحميل الخريطة ثلاثية الأبعاد…

13 floors · 150 flats · 37% built · hover a floor

الحي

سهل المشي

مشي84

Area

Country
Georgia
City
Tbilisi
Neighborhood
Vake
Address
Ilia Chavchavadzis Ave. 5A, Vake, Tbilisi
To Center
7.1 km · ~16 min
Nearest Metro
Delisi · 2.2 كم · 27 د
15-Min Living
177+ spots walking
Air & Ecology
AQI 29 · Clean Air

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About the project

Vake Tower is Structura Development’s new project in Vake at 5a Ilia Chavchavadze Ave — new-build apartments from $2,400/m², delivery Q4 2027.

Estimate a mortgage

$120 000
$36 000
10.0%
20 years
Monthly payment
$811
Loan amount$84 000
Total interest$110 548
Total repaid$194 548

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 Vake Tower?

Prices in Vake Tower start from $2,400/m². Location: Ilia Chavchavadzis Ave. 5A, Vake, Tbilisi. New-build prices in 2026 vary by floor, view and frame condition.

When will Vake Tower be handed over?

Handover date: Q4 2027. Construction progress: 37%. Total 150 flats, up to 13 floors.

Which frame condition are apartments sold in at Vake Tower?

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 Vake Tower with the developer's sales office.

Can I buy an apartment in Vake Tower with an installment plan or mortgage?

You can buy in Vake Tower 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 Vake Tower?

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

Is buying in Vake Tower 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.

+995 500 333 111WhatsApp

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