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Details

Price from /m²
₾1 000
Built
100%
Handover
Completed (2025)
Flats
—
Floors
8 floors
Location
Gandja St, 20, Kutaisi

Price vs the market

23% below the Kutaisi median

₾1,000/m² against a median of ₾1 300/m² across 41 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
Riverside BalakhvaniThis project₾1 000Completed (2025)100%—
Rioni ViewMelk Development₾1 000Q4 2027—222 m
Vivkini BalakhvaniVivkini₾1 300Q3 2026—356 m
Tsereteli AvenueLUJI HOUSE$1 200Q4 2028—436 m
Sarajishvili LivingLUJI HOUSE$1 200Q2 2028—580 m
BjolebiM1 Group₾1 350Q4 2027—627 m
Maudi ResidenceMaudi Residence₾1 300Q3 2027—658 m

Building in 3D

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8 floors · — · 100% built · hover a floor

Neighborhood

Very walkable

Walk81
Mobility Score · Well connected68
  • Metro — Not within reach0/30
  • Bus — Lines within 500 m: 1540/40
  • Rail — Kutaisi-1 · 593 m15/15
  • Airport — KUT · 21.2 km13/15
How it is scored

Metro: full points within a 500 m walk, none past 1.5 km. Bus: 4 points per line stopping within 500 m. Rail station: full within 1.5 km, none past 8 km. Airport: full within 15 km, none past 60 km.

Transit network: OpenStreetMap, 2026-10. Measures access, not live service.

Your commute

Add your work or school — every listing shows how far it is.

Area

Country
Georgia
City
Kutaisi
Neighborhood
Kutaisi Center
Address
Gandja St, 20
To Center
1.4 km · walk ~18 min · transit ~10 min · drive ~7 min
15-Min Living
199+ spots walking
Air & Ecology
AQI 25 · Clean Air

Nearby

About the project

Riverside Balakhvani is an ongoing residential project by Iberia Star Group in Kutaisi at Gandja St, 20, completion 2025 Q1.

Estimate a mortgage

$20 000
$6 000
10.0%
20 years
Monthly payment
$135
Apartments up to this price
Loan amount$14 000
Total interest$18 425
Total repaid$32 425

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

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Frequently asked questions

How much is a square meter in Riverside Balakhvani?

Prices in Riverside Balakhvani start from ₾1,000/m². Location: Gandja St, 20. New-build prices in 2026 vary by floor, view and frame condition.

When will Riverside Balakhvani be handed over?

Handover date: Completed (2025). Construction progress: 100%.

Which frame condition are apartments sold in at Riverside 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 Riverside Balakhvani with the developer's sales office.

Can I buy an apartment in Riverside Balakhvani with an installment plan or mortgage?

You can buy in Riverside 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 Riverside Balakhvani?

Developer: Iberia Star Group. Full profile, other projects and reviews: sivrce.ge/developers/iberia-star-group.

Is buying in Riverside 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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