Bochorma Street by Index [from $117088] | Tbilisi

Description of the "Bochorma Street by Index" development

Bochorma Street by Index (also known as Avlabari by Index) is a modern 20-storey residential complex situated in the historic Avlabari district on Bochorma Street. This development by Index | Wealth Management offers flats with 3.1-metre-high ceilings. The bottom two floors of the building are set aside for commercial premises, including a supermarket and a gym. A key feature of the complex is a private landscaped park covering an area of around 4,000 m², featuring children’s play areas and sports facilities. Residents have access to underground parking, a concierge service, security and CCTV, as well as a professional property management company.

The flats in the development are available in a wide range of sizes — from compact studios (from 32.8 m²) to more spacious options. The project is being handed over as a ‘green frame’ development. Thanks to its hilltop location, the windows offer panoramic views of the Kuru River and the Old Town. The project’s investment appeal is estimated at 8–10% per annum for long-term leases and up to 15–20% for short-term leases.

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Payment plan

Cost from ₾309 393

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 23 Bochorma Street in the historic district Avlabari (Isani). The neighbourhood is characterised by the unique atmosphere of old Tbilisi and its picturesque views of the Old Town. The ‘300 Aragvintsev’ underground station and the Medical Academy are within walking distance of the complex, ensuring a steady demand for rental properties. There are schools, hospitals and all the necessary urban amenities nearby.

Places nearby

Airport

19 min.

Supermarket

10 min.

Hospital

9 min.

School

5 min.

Kindergarten

8 min.

Shopping centre

7 min.

Places nearby

Meidan Bazaar

Agmashenebeli Avenue

Galleria Tbilisi

Cable car

Rezo Gabriadze’s Puppet Theatre

Lisi Lake

Index I Wealth Management

Index | Wealth Management - Georgian property development and investment company founded in 2017.Specialises in the development of mixed-use projects in strategically important areas of Tbilisi, such as Digomi, Avlabari, Gldani and Ortachala. The company is focused on the premium segment, offering clients not only high-quality housing, but also integrated investment solutions.

With over 15 years of experience in the property industry, the Index | Wealth Management team has successfully completed around 20 projects. There are 5 major projects underway with a total investment of $120 million. The company actively shares its analyses and market research with clients to help them make informed investment decisions.