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Vake Residence

A residential block of 84 units, delivered with a partner developer on a quiet street in Vake.

Vake Residence
Projects
Residential
LOCATION
Vake, Tbilisi
YEAR
2027
STATUS
In sales
Apartments remaining38%
  • TBC Bank
  • Bank of Georgia
  • Credo Bank
  • ProCredit Bank
Construction
Q1 2025–Q4 2027
Apartment areas
48 – 140 m²
Minimum purchase
45 m²
Apartment types
Studio, 1-bedroom, 2-bedroom, 3-bedroom, 4+ bedrooms
Starting price
$1,450 / m²
Payment terms
Interest-free instalments across the construction period, with a 20% down payment. Up to 10% discount for payment in full.
Delivery condition
Black frame
Developer
Example Development Group
Key numbers
9 floors · 84 apartments · 52 parking spaces
Ceiling height
3.0 m

A partner development of 84 residential units across nine floors, positioned on a quiet street in Vake. The brief was to hold a premium finish standard while keeping the unit mix broad enough to serve both end-buyers and investors.

The mix runs from compact 48 m² one-bedrooms through to 140 m² family layouts on the upper floors. That spread was a deliberate pricing decision: the smaller units carry the early absorption, the larger ones carry the margin.

Our role covered market positioning, the pricing model and the sales strategy that carried the project from launch to sell-through.

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