Vake Residence [from $186000] | Tbilisi

Description of the "Vake Residence" complex

Vake Residence — is a premium, multi-purpose residential complex situated in the very heart of the prestigious Vake district in Tbilisi. The project comprises a complex of five towers ranging in height from 15 to 23 storeys, which form a new architectural landmark in the city. A distinctive feature of the complex is its innovative use of space: a huge a multi-level terrace with an area of 3,000–4,000 square metres, where there are leisure areas, a running track and a children’s playground. This unique solution creates a sense of an oasis of greenery and tranquillity right in the heart of the metropolis.

The development comprises over 230 flats — ranging from cosy 1-bedroom flats to spacious 4-room flats covering an area of over 320 m². For those seeking the highest level of privacy, there are penthouses with private terraces. The project has been designed with a focus on sustainable development: it utilises eco-friendly materials, energy-efficient solutions and renewable energy sources. The complex also includes commercial premises, a gym, a three-level underground car park and 24/7 CCTV surveillance. In 2024, the Vake Residence was honoured with the prestigious Luxury Lifestyle Awards as ‘The finest luxury apartments in Georgia’.

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Payment plan

Cost from ₾491 486

Terms and payment plans change regularly, our specialist will provide up-to-date information.

Initial instalment

20%

Interest-free instalments from the developer

80%

Location

The complex is situated at 1 Kipshidze Streettotal in 100 metres from Chavchavadze Avenue — the district’s main thoroughfare. The Vake district is considered one of the most prestigious and sought-after areas in Tbilisi. Within walking distance are Mziuri Park и Hegechidze’s garden, as well as Tbilisi State University and other urban infrastructure facilities.

Places nearby

Airport

52 min.

Supermarket

4 min.

Hospital

5 min.

School

10 min.

Kindergarten

13 min.

Shopping centre

18 min.

Places nearby

Meidan Bazaar

Agmashenebeli Avenue

Galleria Tbilisi

Cable car

Rezo Gabriadze’s Puppet Theatre

Lisi Lake

GUMBATI GROUP

Gumbati Group - one of the leading property developers in Georgia, founded in 1998. Having started with repair and restoration works, since 2005 the company has been actively engaged in residential and commercial property development, including construction of high-rise complexes in Batumi, Gonio and Kvariati. Gumbati has introduced hotel services in residential projects from 2019 and started building apartment hotels from 2020, offering customers flexible investment solutions.

The company is ISO 9001:2015 certified and has built over 1,000,000m² of property over 26 years, including two Olympic stadiums. Current projects include: Portline, Boulevard Point, Midtown и Montemar.Gumbati also provides interior design and property management services through its own divisions Gumbati Art и Gumbati Design.