RUSTAVELI PROPERTIES
Masterplan developer

Metra Park: the Saburtalo masterplan

Metra Park runs a multi-building masterplan in Saburtalo with school, retail and park. Neighbourhood format rather than isolated tower.

Main city
Tbilisi
Founded in
2015
Projects
8
Delivered units
3 000
Under construction
1 200

History

Since 2015, Metra Park delivered several phases of its Saburtalo masterplan. An integrated urban approach that is rare in Georgia.

Leadership

  • Metra Park leadership
    Executive committee

Financial health

Private group, masterplan financed in successive phases. Sound balance sheet, no major incident.

Reputation

Good reception for the neighbourhood logic. Owners appreciate the delivered on-site amenities.

Pros

  • +Integrated neighbourhood approach
  • +Real amenities (school, retail)
  • +Strong family rental demand

Cons

  • Saburtalo-only footprint
  • Limited volume per phase

Frequently asked questions

+Does Metra Park deliver projects on time?

Metra Park 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 Metra Park 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 Metra Park offer?

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

+Can I finance a purchase from Metra Park with a Georgian bank?

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

+Does Metra Park 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.

Interested in a Metra Park project?

Discuss a project from this developer