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Details

Price from /m²
₾1 700
Handover
Q3 2027
Flats
—
Floors
8 floors
Location
Tamar Mepe St. 73b, Chakvi

Price vs the market

19% above the Chakvi median

₾1,700/m² against a median of ₾1 425/m² across 12 new-build projects in Chakvi.

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
Nite ResidenceThis project₾1 700Q3 2027——
Parklime TownhousesPark Lime₾1 000Q4 2026—162 m
Ber TowerBer Tower₾1 500Q4 2026—233 m
Grand Botanico ResidenceBatumi Investment$1 300Q2 202733%367 m
Tekto RakursTekto Group$1 400Q4 202732%463 m
EcoSilenceInvercasa₾1 450Completed (2025)100%563 m
Dream SideReside Development$1 300Completed (2024)100%572 m

Building in 3D

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8 floors · — · Under construction · hover a floor

Neighborhood

Best by car

Walk42
Mobility Score · Some public transport37
  • Metro — Not within reach0/30
  • Bus — Lines within 500 m: 28/40
  • Rail — Chakvi · 655 m15/15
  • Airport — BUS · 17.0 km14/15
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
Chakvi
Address
Tamar Mepe St. 73b
To Center
1.1 km · walk ~14 min · transit ~9 min
15-Min Living
19+ spots walking
Air & Ecology
AQI 33 · Clean Air

Nearby

About the project

Nite Residence is an ongoing residential project by Nite Development in Chakvi at Tamar Mepe St. 73b, completion 2027 Q3.

Estimate a mortgage

$32 686
$9 806
10.0%
20 years
Monthly payment
$221
Apartments up to this price
Loan amount$22 880
Total interest$30 112
Total repaid$52 992

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 Nite Residence?

Prices in Nite Residence start from ₾1,700/m². Location: Tamar Mepe St. 73b. New-build prices in 2026 vary by floor, view and frame condition.

When will Nite Residence be handed over?

Handover date: Q3 2027.

Which frame condition are apartments sold in at Nite Residence?

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 Nite Residence with the developer's sales office.

Can I buy an apartment in Nite Residence with an installment plan or mortgage?

You can buy in Nite Residence 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 Nite Residence?

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

Is buying in Nite Residence a good investment?

Buying under construction is usually cheaper than a completed unit — prices rise toward handover. Rental yield and ROI in Chakvi depend on the district and frame condition; compare similar projects on Sivrce.

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