Nova Park Tbilisi Project Are you looking for a real real estate opportunity in a promising area that is rapidly growing and stable? Then let me introduce you to the “Nova Park Tbilisi” project – the ideal choice for investment or residence in one of the most beautiful capitals of Eastern Europe, Tbilisi, the capital of Georgia.
This project is located in the Varketili district, which is witnessing a strong urban renaissance, and it represents one of the most prominent residential projects that combine modernity, comfort, and high investment returns. Nova Park is not just a tall building, but a fully integrated community designed according to the highest global quality standards, specifically aimed at ambitious investors and families looking for a better life.
Follow this comprehensive guide to learn all the project details, its features, and the advantages it offers, and why it should be your top real estate choice in Georgia.
A Glimpse at York Towers – The Real Estate Developer of Nova Park
Who is York Towers?
“York Towers” is not just a name in the Georgian real estate market; it is one of the most prominent real estate development companies in the country. Founded in 2016, it has made a clear mark thanks to its luxury residential and commercial projects.
The company has branches in multiple countries and provides its services with transparency and professionalism, making it a preferred destination for investors from the Gulf and Europe.
To date, York Towers has developed more than 259 successful projects and employs over 450 professionals, reflecting the scale of its experience and expertise.
Company Values and Vision in Real Estate
York Towers builds its projects on four core values:
- Trust: Creating a safe investment environment for local and foreign investors.
- Innovation: Designing modern projects using the latest construction technologies.
- Excellence: Ensuring high quality in every detail.
- Customer Satisfaction: Putting client satisfaction at the forefront.
The company’s vision is to be among the elite real estate firms globally by offering residential and investment solutions that cater to diverse needs.
Strategic Location of Nova Park
Proximity to Transportation and Key Amenities
One of the most important factors in the success of any real estate project is location—and Nova Park boasts a premium strategic location. It is located near Varketili Metro Station, one of the capital’s vital transport hubs, facilitating daily commuting for residents whether for work, study, or shopping.
Thanks to this proximity, residents can reach major commercial centers such as East Point Mall, educational facilities, and recreational spots like Varketili Central Park and Tbilisi Sea within minutes.
Easy Access to Educational, Commercial, and Recreational Facilities
Nova Park isn’t just a residence—it’s a complete living experience where families can find everything they need nearby:
- Over 7 public and private schools within walking distance.
- 3 major parks and green areas for families and children.
- Medical centers, pharmacies, and 24/7 service facilities.
- Tbilisi International Airport is no more than a 20-minute drive away.
This location makes the project ideal for both permanent residence and those interested in short or long-term rental investments.
Specifications of Nova Park
Architectural Design and Number of Floors
Nova Park is a luxurious architectural complex consisting of 14 complete floors, including:
- 11 residential floors.
- 1 ground floor with commercial units and offices.
- 2 underground parking levels serving residents and visitors.
Its exterior and interior design are inspired by modern European style, using high-quality construction materials in line with international safety and quality standards.
Apartment Details and Available Sizes
The project offers 170 apartments with diverse sizes starting from 47 square meters, including:
- Studio apartments
- One-bedroom apartments
- Two-bedroom apartments
What distinguishes the apartments is their flexible design, allowing buyers to choose a “white frame” finish, giving them the freedom to personalize the interior layout according to their own taste and needs.
Infrastructure and Modern Amenities
Nova Park offers a full range of modern services and amenities, including:
- 24/7 security with advanced surveillance systems
- Underground parking spaces
- Quiet and fast elevators
- Balconies and children’s playgrounds
- Fire sensors and alarm systems with emergency exits
- Anti-slip and fire-resistant materials to ensure residents’ safety
All these details are designed to offer the highest levels of comfort and luxury for both families and investors alike.
Advantages of Living in Nova Park
Privacy and Safety
Nova Park is not just a residence but a secure and integrated community. The project includes a modern security system with surveillance cameras covering every corner of the building, in addition to 24/7 on-site security personnel.
This gated environment offers a high level of privacy, with controlled access for visitors and vehicles, making it perfect for families seeking to live in a secure and upscale location.
A Complete Family Environment
Every corner of Nova Park serves the family lifestyle:
- Green relaxation areas
- Children’s play zones
- 24/7 maintenance services
- Proximity to schools and parks
Moreover, the architectural design ensures privacy between apartments, with excellent natural ventilation and lighting—turning each apartment into a peaceful haven.
Investment Opportunities in Nova Park
Expected Returns on Investment
One of the main reasons investors are drawn to Nova Park is the high return on investment (ROI). Estimated annual ROI ranges between 14% to 20%, a highly attractive figure compared to similar projects in the region.
This growth isn’t speculative—it’s the result of Georgia’s dynamic real estate market, particularly in the rapidly developing Varketili area. The consistent demand for rental properties, whether short-term (Airbnb, tourists) or long-term (families, students, expats), makes Nova Park a smart income-generating asset.
Flexible Payment Plan
Nova Park combines premium quality with accessible financing, offering:
- Only 20% down payment.
- Up to 30 months installment plan with 0% interest.
- 100% freehold ownership with official registration.
- Legally binding contracts ensuring investor rights.
Imagine owning a stylish apartment in central Tbilisi for as low as $1,220 per square meter, with no need for a bank loan or financial pressure.
Growth of Georgia’s Real Estate Market
Growing Demand for Luxury Properties
Georgia’s real estate sector has experienced impressive growth, especially from 2020 to 2024. Key contributing factors include economic recovery, tourism growth, and a surge in expat populations.
Official statistics show:
- 80% increase in property demand since 2020.
- Up to 30% rise in prices in select areas over two years.
- Booming rental markets driven by foreign arrivals.
Nova Park taps into this momentum, offering modern, well-located apartments in a high-demand district, ensuring strong ROI and rising property value.
Impact of Tourism and Expats
Georgia’s tourism sector has grown by 317% since 2020, bringing an influx of visitors and pushing demand for short-term rentals. At the same time, the steady arrival of expats—especially from Russia, Ukraine, and the Middle East—has created a need for long-term leases in modern, secure buildings.
Nova Park addresses both markets by offering:
- Furnishable, hotel-standard units.
- Full-service amenities and maintenance.
- Prime location near metro, schools, and shopping centers.
Why Varketili is a Prime Investment Location
Property Price Growth Rates
Varketili has become a top investment hotspot due to its sharp property value increase in recent years:
- 30% growth in real estate prices over two years.
- High and stable demand for residential units.
- Ongoing infrastructure upgrades transforming the district.
This presents a golden opportunity for early investors to benefit from appreciation before the area becomes saturated.
Proximity to Vital Amenities
Varketili’s strategic position adds significant value to any real estate investment:
- Walking distance to the metro station.
- Nearby international schools and universities.
- Access to parks and green areas for families.
- Only 15–20 minutes to Tbilisi International Airport.
All these elements make the location ideal for both living and investing.
Legal Benefits and Project Guarantees
Licensing and Zoning Approvals
Legal clarity is a major concern for foreign buyers. Nova Park, thanks to York Towers’ credibility, offers:
- Full government licensing and approvals.
- Official zoning and land division compliance.
- Court-verified contracts and ownership records.
Investor Protection Measures
The project ensures full legal security with:
- Guaranteed unit delivery timelines.
- Legal coverage against regulatory changes.
- Support services for registration, rental management, and resale.
All documentation is provided in both English and Arabic, offering a safe and transparent purchase experience for Gulf and Arab investors.
: Nova Park Tbilisi Project vs Other Projects in Tbilisi
Pricing
Compared to similar developments in Tbilisi, Nova Park offers:
- Starting prices from $1,220/m²,
- While other premium projects start from $1,400 to $1,600/m².
➡️ Making it a more affordable choice without sacrificing quality.
Location
While many competing projects are located in remote or congested areas, Nova Park’s central location offers:
- Higher convenience for daily life.
- Better appeal for rental markets.
- Greater value appreciation potential.
Investment Return
| Project | Avg. Annual ROI | Payment Plan |
|---|---|---|
| Nova Park | 14% – 20% | 30-month installment |
| Central Tbilisi Projects | 8% – 12% | High upfront payment |
| Suburban Developments | 6% – 10% | Limited financing |
About Al Batoul Group – Real Estate Investment in Georgia
Al Batoul Group is a leading name in real estate investment and consultancy services for Arab and Gulf investors in Georgia. The company offers full end-to-end solutions, including:
- Free property consultation
- In-person property tours in Tbilisi
- Legal support for property registration
- Residency services for foreign buyers
- Property management and rental services
Al Batoul Group works closely with top developers like York Towers and is known for its transparent process, professional guidance, and market expertise.
By partnering with Al Batoul Group, you ensure a smooth and secure investment journey in Georgia’s booming real estate sector.
Post-Sale Support and Investor Services
Al Batoul goes beyond sales by offering comprehensive post-sale services, including:
- Full property management and rental services.
- Interior furnishing packages at competitive prices.
- Legal registration of the property in Georgia.
- Airport pickup and site visit coordination.
- Legal and accounting support throughout ownership.
With offices in Riyadh, Dubai, and Doha, clients can easily access personalized support and face-to-face consultations for booking or investment guidance.
Steps to Purchase an Apartment in Nova Park
Booking Process
Buying a unit in Nova Park is designed to be simple and investor-friendly. Here’s how it works:
- Contact Al Batoul via phone or WhatsApp.
- Choose the unit that matches your needs in terms of space and layout.
- Sign the preliminary booking form and select your payment plan.
- Pay the 20% down payment to secure your unit.
The booking is then locked in, and contracts are sent within a few days for final signature.
Legal Registration Process
Once the contract is signed, the legal process begins:
- Official translation of the documents into Georgian.
- Registration in the Georgian Commercial Court.
- Issuance of a property ownership certificate under the buyer’s name.
All of this can be done remotely, without traveling. However, buyers are welcome to visit Tbilisi, and Al Batoul can assist with a full-service viewing experience.
Key Investment Tips Before Buying Real Estate in Georgia
Legal Due Diligence
While Nova Park is fully licensed, smart investors should always check:
- The developer’s credentials and track record.
- All contract terms with a legal advisor.
- The zoning and registration status of the property.
Note: Georgia allows 100% foreign ownership of residential properties (except agricultural land), making it a secure market for international buyers.
Understanding the Market and Location
A successful real estate investment also depends on understanding:
- The rental demand in the area.
- Market price trends.
- Proximity to public transport and essential services.
Nova Park scores high in all these categories, making it a well-rounded choice for first-time and seasoned investors alike.
Client Testimonials and Experiences at Nova Park
Previous Investors’ Experiences
“One year after purchasing my apartment in Nova Park, I’ve been renting it through Airbnb and earning a great monthly income that even covers the installments.”
— A. Rashid, Saudi Arabia
“The transparency, quick registration process, and warm reception from the Al Batoul team made me feel completely secure—just like dealing with a local project.”
— M. Khaled, UAE
“The location is amazing—safe, central, and ideal for my family. Truly a project worth every dollar.”
— Fatima, Bahrain
Ratings of Services and Amenities
Customers have praised:
- The construction quality and elegant finishes.
- The smart design maximizing space and comfort.
- Amenities like underground parking, security, and elevators.
- The responsiveness and support of the sales and legal teams.
These testimonials reflect that Nova Park is not just a building—it’s a full investment and living experience.
Nova Park Tbilisi Project – Invest with Confidence at Nova Park by York Towers
If you’re looking for a safe, profitable investment in a rapidly growing market, Nova Park is the perfect option. It offers:
- Modern architecture and premium construction.
- Competitive pricing with flexible payment plans.
- A complete community environment ideal for families and investors.
- Trusted support from York Towers and Al Batoul Group.
With Al Batoul’s assistance, owning real estate in Georgia is now easier than ever—without stress, hidden risks, or language barriers.
Don’t miss this chance. Real estate is booming, and prices are rising.
Frequently Asked Questions (FAQs)
1. Can foreigners buy property in Nova Park?
Yes, Georgia permits 100% property ownership for foreigners without restrictions.
2. What is the minimum down payment?
Only 20% of the total property value, with up to 30 months to pay the rest in installments.
3. Are the apartments furnished?
Units are delivered in a modern white-frame finish, with optional furnishing packages available.
4. How can I visit the project?
Coordinate with Al Batoul or York Towers for a guided site visit, including airport pick-up and accommodation support.
5. Are there taxes on property for foreigners?
Georgia’s property tax is very low—typically around 1% annually, making it highly investor-friendly.