Bare 1
Under construction
Biograpi Living · Нико Ломоури, 3, Tbilisi

Bare

A boutique building in Old Tbilisi

Price

$121,616$375,280

$3,800$4,800 per m²

Apartments52
Areas28–94 m²
Areas28–94 m²
DeveloperBiograpi Living

Availability

Prices and layouts

Ranges across the units the developer has listed, as of 24 August 2026. Availability and prices move — we send the live list the day you ask

Price

from $121,616

Apartments

52 u.

Areas

28 – 94 m²

Price per m²

$3,800 – $4,800

About the project

About the project

Bare is an intimate building in the heart of Old Tbilisi, one of the most authentic parts of the city. Fifty-two apartments in total: parking on the lower level, retail on the ground floor, homes on floors two to five.

The low-rise format and the small number of apartments give you what towers cannot: a quiet entrance, neighbours you recognise, and a sense of scale.

Inside the building

  • Lower level — parking
  • Ground floor — retail
  • Floors 2–5 — apartments
  • 52 apartments in total
Bare

Property specifications

Price

from $121,616

52 apartments in the project

Areas

2894

Developer

Biograpi Living

Apartments

52

Areas

28 – 94 m²

Price per m²

$3,800 – $4,800

Why this property

What matters to an investor

Only 52 apartments

An intimate format: few neighbours, a quiet entrance, no queue for the lift

Heart of the old town

Walking distance to Abanotubani, Narikala and Meidan

Up to 221 m²

Large formats, rare for the historic centre

Location

Нико Ломоури, 3

Old Tbilisi is the city's most recognisable district: narrow streets, carved balconies, the sulphur baths and Narikala above them. Rental demand holds all year thanks to tourism, while new supply barely grows — there is little room left to build.

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Calculation Results

Net rental income / year

$8,820

6.57% annual

Payback period

15.2 years

ROI rent and capitalisation

$18,215 minimum

13.57% annual

ROI rent and capitalisation

$28,952 maximum

21.57% annual

The calculator shows a basic rental scenario. Returns for other strategies are calculated individually.

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Bare

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