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Details

Price from /m²
$2,030
Built
69%
Handover
Q4 2026
Flats
80 flats
Floors
8 floors
Location
Krtsanisi, Vakhtang Gorgaslis St. 12, Tbilisi

Price vs the market

21% above the Krtsanisi median

$2,030/m² against a median of $1 680/m² across 38 new-build projects in Krtsanisi.

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
EleganceThis project$2,030Q4 202669%—
Krtsanisi Moderni—₾4,571Completed (2024)100%130 m
Altimetri—₾3,361Q4 202638%146 m
Gorgasali Taueris—₾3,899Q4 202638%146 m
Krtsanisi ModernIndustrial-Investment Corporation Light Industry$1,700Completed (2025)100%169 m
Twin Towers ResidenceAlliance Construction$1,400Completed (2023)100%236 m
Tbilisi OrientalNEXT Group$2,400Q1 202742%248 m

Building in 3D

3B harita yükleniyor…

8 floors · 80 flats · 69% built · hover a floor

Mahalle

Çok yürünebilir

Yürüyüş84

Area

Country
Georgia
City
Tbilisi
Neighborhood
Krtsanisi
Address
Krtsanisi, Vakhtang Gorgaslis St. 12
To Center
4.0 km · ~9 min
Nearest Metro
300 Aragveli · 1,5 km · 19 dk
15-Min Living
166+ spots walking
Air & Ecology
AQI 30 · Clean Air

Nearby

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About the project

Elegance is Arcon’s boutique complex in Krtsanisi at 12 Gorgasali St. From $2,030/m², completion end of 2026.

More projects — Arcon

Estimate a mortgage

$101 500
$30 450
10.0%
20 years
Monthly payment
$686
Loan amount$71 050
Total interest$93 505
Total repaid$164 555

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 Elegance?

Prices in Elegance start from $2,030/m². Location: Krtsanisi, Vakhtang Gorgaslis St. 12. New-build prices in 2026 vary by floor, view and frame condition.

When will Elegance be handed over?

Handover date: Q4 2026. Construction progress: 69%. Total 80 flats, up to 8 floors.

Which frame condition are apartments sold in at Elegance?

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 Elegance with the developer's sales office.

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

You can buy in Elegance 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 Elegance?

Developer: Arcon. Full profile, other projects and reviews: sivrce.ge/developers/arcon.

Is buying in Elegance 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.

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