French District is the perfect option for buyers with a small budget who are looking for a comfortable home in a quiet and tranquil environment for all the family. The project is also ideal for anyone who doesn’t want to wait too long for completion, because French District is ready for handover immediately. For those looking to obtain Residence in Georgia, this project is the ideal purchase. The price of the ‘green frame’ apartment is just over the $35,000 minimum required and, due to the fact that it is ready for immediate handover, you can be applying for Residence just days after completing your purchase.
The project is located in the Gldani area in the north of Tbilisi. While this location is several kilometres from the city centre, French District is located a mere 15 minutes’ walk from the Akhmeteli Theatre Metro and, from here, it is just a 20 minute journey to Marjanishvili, making it a quick and easy journey, avoiding all of the Tbilisi traffic.
Coming from a French developer, French District is a large project which will eventually consist of five high-rise towers. Three towers, varying in height from 13 to 18 floors, are already complete and will be ready for occupation by the end of February 2018. The other two towers will form a second phase. Upon completion, the project will contain 1069 apartments.
The large size of the project means that buyers here are able to enjoy an unparalleled selection of facilities – better than you would find in developments where prices are more than double those of French District. Once the project is complete, it will offer a swimming pool, gardens, a sports arena with courts for football, basketball and tennis, a kindergarten, fitness centre, cafes and restaurants plus a convenience store. There is already an English-language school immediately adjacent to the project. The project also contains a parking space for each apartment, which is free of charge.
Prices at French District are exceptionally affordable. All apartments are supplied on a ‘green frame’ basis, which means that there is less work to do than the standard ‘white frame’ finish. Prices for ‘green frame’ apartments here are either $550/m2 on the lower seven floors, or $560/m2 for the higher floors. Adding just $150/m2 for finishing means that prices for finished apartments at French District are just $700/m2 – lower than any other project in our portfolio.
The two-bedroom apartments in the current phase of French District are already sold out, but there are still a few one-bedroom apartments available, ranged from 59m2 to 61m2. This makes the prices of the most affordable apartments, complete will full finishing, to be just 59m2 x $700 = $41,300.
For anyone looking for an affordable home for their families in a quiet location, away from the pollution in the city centre, French District is the ideal choice.
- 24/7 Reception
- 24/7 Security
- Basketball Court
- Children's Playground
- Close to Metro
- Convenience Store
- Fitness Centre
- Football Pitch
- Swimming Pool
- Tennis Courts