RUSTAVELI PROPERTIES
Developer

Archi Group: record volume in Georgian new-build

Archi is likely the developer that has built the highest number of apartments in Georgia over the last twenty years. Mass-market model, aggressive pricing, flexible payment plans.

Main city
Tbilisi
Founded in
2005
Projects
40
Delivered units
15.000
Under construction
5.000

History

Founded in 2005 by Gogi Enukidze, Archi started in Saburtalo and expanded to Isani, Dighomi, Krtsanisi and Batumi. The group runs aggressive off-plan sales with 24-to-60-month interest-free payment plans — the format that built its local fame.

Leadership

  • Gogi Enukidze
    Founder & Chairman
  • Internal executive team
    Executive committee

Financial health

Private, unlisted group. Financing mixes equity and pre-sales. The model relies on fast land turnover; in a market squeeze, cash flow can be stretched. Always verify site progress before releasing a scheduled payment.

Reputation

Strong name, mixed reviews. Excellent value and payment flexibility, but 6-to-18-month delays documented on some phases. Finishes are correct without being premium.

Pros

  • +Prices among the most competitive in new-build
  • +Payment plans up to 60 months interest-free
  • +Huge choice of locations
  • +Low entry ticket (studios from USD 35,000)

Cons

  • Track record of delivery delays
  • Standard finishes, little premium
  • After-sales less structured than m² or Optima

Frequently asked questions

+Does Archi deliver projects on time?

Archi has a delivery record broadly in line with announced schedules, with occasional 3-to-9-month delays on specific projects. We always verify permit status, site progress and financial health before any reservation.

+Can I buy from Archi remotely?

Yes. Reservation is signed via notarised power of attorney from your country. International wire is standard and our team handles the Public Registry filing without requiring your travel to Georgia.

+What warranty does Archi offer?

The Georgian statutory builder warranty applies (10-year structural, 2-year finishes). Archi typically adds a dedicated after-sales service for foreign buyers, with English and Russian support.

+Can I finance a purchase from Archi with a Georgian bank?

TBC Bank and Bank of Georgia lend to non-residents with 30-40% down payment, indicative USD rate 8-11%. Archi also offers in-house payment plans over 12-36 months, interest-free during construction.

+Does Archi offer a rental management service?

On aparthotel and select premium projects, in-house or delegated rental management is offered at 20-25% fees. On purely residential projects, an external operator is required.

Independent profile written from public sources (Georgian Public Registry, developer reports, industry press) and our own field experience. Not sponsored by the developer named.

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