§ Districts · Central · Income strategy
Avlabari.
7–10%
Long-term yield
12–15%+
Short-term yield
Avlabari sits on the eastern bank of the Kura, directly opposite the old town — the same views at a fraction of the price. The neighbourhood is genuine Old Tbilisi: carved balconies, wine cellars, the Holy Trinity Cathedral above it all. It is the district that tourists find on their second trip, not their first.
Tenant profile
Culture-focused travellers, digital nomads who stay weeks rather than nights, location-scouts and photographers. A growing long-term tenant base as the neighbourhood gentrifies.
Investment thesis
Avlabari is the income district — entry prices are still reasonable while yields are already strong, and the gentrification curve is early.
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