INGOrokva st. project in MTATSMINDa

Renovated from scratch

This 55 sq.m apartment, located on Ingorokva street, 2 min. from Rustaveli avenue, right behind of the historic parliament building is one of our favorite projects we’ve been working on.

This tastefully decorated apartment has unique qualities to it, with the large circular window looking over the living room from the upstairs bedroom it offers great contrast between the historic building’s vintage exterior and apartment’s modern interior.

Ingorokva 20 apartment, relative to its small size, is one of the best performing apartments that we manage. Starting from the July of 2019 the apartment was generating average revenues of 1,700 USD, with the performance not decreasing even during the height of the pandemic throughout 2021 – averaging 1,535 USD revenues per month.

As you can see from the “Before” pictures the apartment was in terrible condition and through the help of our designers at DoDo Designs we managed to turn it into what you see now with a very small budget of just under $17,000.

You can see annual rental income below



“Spacious and modern apartment in the heart of Tbilisi, right across the street from the Ministry of Defense.
Charming old building that gives entry to a full two-bedroom, two bath apartment. Fully equipped with kitchen, A/C and washing machine. Fully renovated but retaining the charm of exposed brick in parts of the apartment, beautiful old painting in the very high ceiling. Second bedroom and bathroom located in a mezzanine up a staircase.
Spacious living room with dining table, couch and few chairs, big coffee table, flat screen TV and beautiful plants.
Excellent WiFi connectivity.
Everything you need for a great stay in Tbilisi.
Highly recommended!!!”’


“Staying at Darejan’s space definitely elevated our experience in Tibilisi! The space itself is even better than the photos; it was spotless clean and very comfortable to stay at. As for location, it is very central and one feel very safe anytime of the day. Staying here allowed us to venture in all directions and to explore all neighborhoods of the city. One could not ask for better communication and easier check in instructions. I will be booking it again in a beat!”