Saburtalo is the most popular area of the city for most foreigners searching for a home for themselves. However, such is the popularity of the area that prices here have been constantly rising and so the majority of properties are now out of the reach of buyers on a tight budget. For these buyers, Politkovskaya 12 is the ideal choice as prices here – starting at just $655 per m2, black frame – are highly affordable compared to the majority of projects in Saburtalo which are close to completing construction.
Politkovskaya 12 is an elegant-looking tower development standing 12 storeys high. The skeleton of the building was completed in September 2018 and the project is due for completion in April 2019. The project has an excellent location off the main road, with a green area immediately behind the project, making this an ideal project for families with children. Despite this quiet location, the new University Metro Station, which opened in 2017, is just five minutes’ walk from here, offering quick and easy access to all parts of the city. Around the metro station, you will also find a large Fresco supermarket, plus other shops and restaurants.
Sales at the project have been very good, with the result that there are now just three one-bedroom apartments remaining for sale on the project, all on higher floors. There is a 55.2m2 apartment remaining on the 8th and 9th floors, plus a 55.5m2 apartment on the 10th floor.
All apartments here are supplied on a ‘black frame’ basis and are priced according to the floor. The 8th floor floor is priced at $742 per m2, the 9th floor at $748 per m2, while the 10th floor is $755 per m2. with the penthouse levels at $725 per m2. Buyers should budget an additional $175 per m2 for finishing in order to arrive at the price for an apartment that is ready for occupation.
The payment plan at Politkovskaya 12 is 30% on contract, with the remaining 70% spread over the remainder of the build. Anyone who is buying primarily to receive Residence in Georgia and pays 100% upon contract will receive a modest discount and will be able to register the apartment in their name immediately.
For anyone looking for an affordable apartment in Saburtalo, within easy reach of the metro, Politkovskaya 12 is the perfect choice.
- Children's Playground
- Close to Metro