Saburtalo is the most popular area of Tbilisi for foreign buyers and the most famous and popular street in Saburtalo is Pekini Street due to the fact that it is the best shopping street in Saburtalo. The street also benefits from the fact that it is located between two metro stations, giving quick and easy transport to other areas of the city and there are also several of Georgia’s leading universities within walking distance.
With the street having been developed for many years, there are very few building plots available on the street, which is one of the reasons why Pekini Plaza is such a unique project. Pekini Plaza is also a rarity because it is a true mixed use project. The bottom two floors will be retail and, due to the quality of the location, are sure to be filled with some excellent shops. Floors three through ten are luxurious residential apartments, while the top nine floors of the 19-storey building will be a four-star hotel. Having a four-star hotel as part of the premises many advantages to owners of the residential apartments. For residents, it allows them to have access to a bar and restaurant without going outside while, for investors looking to rent to tourists on a daily or weekly basis, it gives them a reference point for rental prices.
In addition to the facilities provided by the hotel, residents of the apartments at Pekini Plaza will be able to enjoy a private garden area with a children’s playground, 24/7 security through full CCTV coverage plus a concierge service.
The residential part of the project is already complete as of March 2020. All of the apartments from the developer sold out long ago, but we have four resale apartments available on this project. all of which are fully finished and furnished, so ready to live in or rent out immediately.
Three of the available apartments are 29.0m2 studio apartments. One of these is located on the third floor and is priced at $58,000. The other two are located on the eighth floor and are priced at $65,000.
There is also a 45.06m2 one-bedroom apartment available located on the third floor of the building. The price for this apartment is $90,120.
As these apartments are all finished and furnished already, there is no payment plan on this project. Buyers would need to pay 100% on contract.
As well as being suitable for a luxurious home, Pekini Plaza is also ideal for investors looking to maximize rental revenues. Most of these apartments are already on the rental market and generating high returns, making the apartments here ideal for anyone who doesn’t want to wait for an apartment under construction to be completed before starting to receive a good rental income.
Floor Plans & Pricing
- 24/7 Reception
- 24/7 Security
- Children's Playground
- Close to Metro
- Concierge Service
- Mountain Views