Ortachala Tower is a beautiful new project which was fully completed in autumn 2021. It is therefore an excellent choice for anyone looking for an affordable apartment which can be moved into as soon as the finishing works have been completed.
Ortachala Tower is a slim and elegant tower standing 31-storeys high, which will make it one of the tallest towers in the city upon completion. Located just to the east of the River Mtkvari on the borders of Ortachala and Isani. All apartments here from the tenth floor and above will enjoy stunning views of the river and the green hillsides of Ortachala/Krtsanisi beyond. Other facilities offered to owners here include 24-hour security, a concierge service and a garden area with a children’s playground. Covered parking is also available for an additional cost of $8,000.
In total, Ortachala Tower will contain 195 apartments, with just six or seven apartments per floor. The developer sold out of most of the smaller and more affordable 46.3m2 and 56.2m2 apartments at the end of 2019. However, we have one affordable 46.3m2 resale available on the 5th floor for $39,950. The developer has recently released all of the apartments on the top floor of the building where there is now a full range of apartment sizes available. The prices for these penthouse apartments are $980 per m2 for the larger-sized apartment, or $1080 for the smaller apartments. Therefore the 71.5m2 two-bedroom apartment on the top floor of the building is prices at $77,220.
As is usual in Georgia, all apartments are delivered in ‘white frame’ condition, which means that they come with bare concrete walls, floors, ceilings, no bathrooms, etc. The price for making the finishing works would start from $200 per m2.
Because of the fact that Ortachala Tower is now completely finished, there is no payment plan on apartments here any longer. Payment would need to be 100% on contract.
The excellent location, facilities and beautiful views from the upper floors also make Ortachala Tower the perfect project for anyone looking for maximum rental income as well. With the project being located just ten minutes’ by taxi from the heart of Tbilisi’s Old Town, apartments here are suitable for renting to tourists on a short term basis.
Floor Plans & Pricing
- 24/7 Reception
- 24/7 Security
- Children's Playground
- Concierge Service
- Mountain Views
- River Views