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Details

Price from /m²
₾900
Handover
Q4 2028
Flats
—
Floors
8 floors
Location
Nikea st. 6, Kutaisi

Price vs the market

31% below the Kutaisi median

₾900/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
RIX DevelopmentThis project₾900Q4 2028——
K2 NikeazeK2 Invest$1 033To be announced—96 m
K2 NikeaK2 Invest₾1 100Under construction—176 m
Panorama Gardens ChavchavadzePanorama Group$750Q4 2026—328 m
Panorama Gardens Chavchavadze—₾821Under construction—335 m
White Square KutaisiWhite Square$790Q4 202642%570 m
Asatiani ProjectLUJI HOUSE$850Under construction—706 m

Building in 3D

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8 floors · — · Under construction · hover a floor

Neighborhood

Very walkable

Walk81
Mobility Score · Some public transport47
  • Metro — Not within reach0/30
  • Bus — Lines within 500 m: 520/40
  • Rail — Samtoteknikumi · 1.8 km14/15
  • Airport — KUT · 19.7 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
Nikea
Address
Nikea st. 6
To Center
616 m · walk ~8 min
15-Min Living
101+ spots walking
Air & Ecology
AQI 25 · Clean Air

Nearby

About the project

RIX Development is an ongoing residential project by RIX Development in Kutaisi at Nikea st. 6, completion 2028 Q4.

More projects — RIX Development

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 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.

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.

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