Black Frame Verified – Ready for Fit-Out
5 of 9 stages inspected and approved. Start customizing immediately
Why This Is a Prime Commercial Property in Tbilisi
🔹 Special Feature — Divisible Into 9 Individual Units — Enables flexible exit strategy, resale, or phased ownership, significantly increasing liquidity and investor control.
Updated Exterier with Travertine Facade Approved
Tbilisi City Hall – Updated construction permit AR11027148 (18.11.2025)
Prime Income Property on Avlabari hill
Own the full asset, earn passive income, capture long-term growth
Construction Progress Updates
Reports with inspection logs and video walkthroughs
Excelent City Connectivity
Location Advantage
Prime Location on Avlabari Hill — Where Old Tbilisi Meets Modern Growth
Flexible Investment Models
Black frame, turnkey, or refinance-to-finish — three paths to ownership
ROI Calculator – Rental & Capital Growth
Model rental income and appreciation scenarios for your strategy
Passive Income Property in Georgia — ROI Calculators
Use our interactive tools to model income and appreciation potential based on your strategy.
Estimate Your Capital Growth
Use our interactive tools to model income and appreciation potential based on your strategy.
Book a Consultation
Request ROI analysis or schedule a site visit
LD Estates — Trusted Real Estate Developer in Tbilisi, Georgia
A boutique real estate developer in Georgia, delivering exclusive high-ROI projects — from ready-to-build land to premium developments with strong rental and appreciation potential.
Why Investors Trust LD Estates for Real Estate Investment in Georgia
LD Estates delivers high-ROI projects in Tbilisi’s best locations — including Avlabari, Lisi Lake, and Tabor Hill. Our focus on zoning, permitting, and investor-first planning ensures secure, above-market returns.
- Permitted Projects — Local developer with full approvals and transparent legal standing. Explore our Video Gallery
- End-to-End Expertise — Site acquisition, permitting, construction, leasing & exits. Read more on our blog.
- Flexible Structures — Outright purchase, joint venture, or refinance-to-finish.
- Proven Performance — Track record delivering passive income and commercial ROI.
- Investor Support — Ready to invest smartly in Georgia? Contact us for a free consultation.
Transparency, Legal Standing & Project Pipeline
Active Developments
Related Guides & Resources
Q1: What makes this a strong investment property in Tbilisi?
A: Avlabari Hill is one of Tbilisi’s fastest-growing districts, combining central access with historic prestige. The property is already permitted for commercial, residential, and mixed-use purposes. With options for office, medical, educational, or rental use, investors gain both secure investment potential and flexibility.
Q2: Is the building fully permitted and legal?
A: Yes. This commercial property in Tbilisi is fully approved with all zoning, municipal, and architectural permits in place. The project is 100% legal and ready for immediate investment or customization.
Q3: Can the layout or design be customized?
A: Absolutely. The building has a flexible shell structure with no internal walls, allowing tailored layouts for a clinic, school, office HQ, or apartments. Investors can also choose between multiple façade styles to match brand identity or tenant demand.
Q4: What ROI can investors expect?
A: Based on market rental rates, projected yields reach up to 15% annually, with potential capital growth of 30%+ after completing interiors. This makes it a competitive option for those seeking passive income property opportunities in Georgia.
Q5: What investment models are available?
LD Estates offers three flexible structures:
* Black Frame Purchase – $850,000 (ready to customize).
* Turnkey Completion – $1,200,000 (delivered within 6 months).
* Refinance-to-Finish – from $650,000 for up to 50% ownership.
Each model is designed to fit different real estate investment strategies.
Q6: Why invest directly with LD Estates instead of agents?
Because you deal directly with the developer and property owner, not intermediaries. This ensures transparent documentation, exclusive pricing, and secure ownership — making it a lower-risk, higher-trust real estate investment in Tbilisi.
English 
Georgian 
