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NEU Tbilisi by Next, Chugureti

Chugureti, Tbilisi, Georgia
May 2030
Handover
31.9 m²
From size
Studio, 1–3 Bedroom
Layouts
Chugureti, Tbilisi · Studio, 1–3 Bedroom · from 31.9 m² · handover May 2030 · starting at 153,120USD

About the project

NEU Tbilisi is Next's residential project in the Chugureti district of Tbilisi. It is a low-rise scheme: two blocks, Block A with five residential floors and Block B with seven, holding 199 apartments around a courtyard, with part of Block B looking out over the Mtkvari riverside.

The mix leans towards compact city homes. Studios make up about a third of the apartments and one-bedrooms a little over 40%, with two- and three-bedroom apartments for families, up to around 177 m². In all there are 11,600 m² of residential space and 1,800 m² of commercial space, and 62 private parking spaces. Apartments are sold with the renovation included in the price, so they are handed over finished.

The shared spaces are designed for people who live and work in the building: a lobby and lounge, a co-working area, a library, a yoga room, a kids' area, recreational spaces and a restaurant or café. The white-frame construction is scheduled to finish in December 2029, and the finished apartments are handed over in May 2030.

  • Location Chugureti, Tbilisi
  • Blocks two, of five and seven residential floors
  • Apartments 199, from studios to three-bedrooms
  • Finish sold with renovation included
  • Handover May 2030

Direct-to-developer access via Palmera — no buyer commission, full Palmera support from selection through handover, in your language.

Additional details

Detail Value
Developer Next
Location Chugureti, Tbilisi
Unit types Studio, 1–3 Bedroom
Handover May 2030

Investment & payment plan

Freehold
Ownership
May 2030
Handover
Renovated, renovation included in the price
Finishing
62 private spaces
Parking

Unit types & pricing

TypeSizePrice from
Studio Apartment31.9–51.2 m²153,120USD
1-Bedroom Apartment44.1–81.3 m²244,320USD
2-Bedroom Apartment70.5–125.3 m²367,500USD
3-Bedroom Apartment106.5–176.6 m²—

Payment plans

10 / 40 / 50, balance in December 2029
  • 10%Down paymentOn signing
  • 40%InstalmentsDuring construction
  • 50%Final paymentDecember 2029
10% down, 43 months interest-free
  • 10%Down paymentOn signing
  • 90%Monthly instalments43 months, 0% interest

Interest-free developer payment plan. Final figures are confirmed in the Sale & Purchase Agreement.

The developer

Next
Georgia's branded-residence specialist — Batumi, Kobuleti and Tbilisi.
Next is a Georgian real-estate developer headquartered in Batumi, focused on branded, hospitality-managed residences along the Black Sea coast of Adjara and in the capital, Tbilisi. The company has built its reputation by attaching internationally recognised hospitality names to its coastal towers — among them Radisson Blu, Wyndham and Swissotel — and by selling homes turnkey on interest-free, construction-linked payment plans. Beyond Georgia, Next has carried the brand into Dubai and Kenya, but its core remains the Batumi Riviera and the Tbilisi centre.
Batumi, GeorgiaHeadquartersSeveral Batumi projects already completed and fully soldProjects delivered
View Next

About Tbilisi

Georgia's capital — old-town heritage meets a year-round rental market.

Tbilisi is Georgia's capital and largest city, home to roughly 1.2 million people on the banks of the Mtkvari river — the country's seat of government, its business and tourism hub, and a fast-maturing property market. Unlike the seasonal Black Sea coast, Tbilisi runs on year-round demand: a deep long-let market fed by expatriates, students, a relocation wave since 2022 and a large digital-nomad community, plus a busy Airbnb scene concentrated in the historic Old Town. For foreign buyers the terms mirror the rest of Georgia — 100% freehold ownership for any nationality, no residency requirement to buy, fast title registration and a flat 5% tax on residential rental income. Prices average roughly USD 1,300–1,500 per m² citywide, with prime districts well above that, and a qualifying purchase from USD 150,000 opens a renewable residence permit. Tbilisi International Airport connects the city non-stop to dozens of destinations across Europe, the Middle East and Asia.
~7–8%Rental yieldTbilisi State University (TSU)NearbyGeorgian Technical UniversityNearbyTbilisi International Airport (TBS) · ~20–25 minDrive time
Explore Tbilisi

Location

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