About the Complex
The Prestige Kostava residential complex is located in Tbilisi and is a careful restoration of a historic administrative building known as Gruzneft. The original project was designed by one of Georgia's outstanding 20th-century architects, Mikhail Neprintsev. Maqro Construction, in partnership with Ken Construction, transformed this architectural heritage of the last century into an elite residential building, preserving the spirit and style of the era. A new Block B was built next to the restored building, designed in the same aesthetic and organically complementing the ensemble. The project was completed in 2025.
Advantages
Prestige Kostava stands out for its advantageous location in a prestigious district of Tbilisi and its thoughtfully designed level of comfort. Spacious apartments with ceiling heights of 3.1 metres, panoramic energy-saving glazing and silent Mitsubishi lifts create an atmosphere of true luxury living. The territory features a secure enclosed courtyard with a children's playground and an underground parking lot. The complex is fully adapted for people with limited mobility. Both fully finished apartments and green frame options for custom design are available. The project boasts high investment appeal, and property can be purchased for cash or via a mortgage from TBC Bank.
Location
The Prestige Kostava complex is located in the capital of Georgia — Tbilisi, at 65-67 Merab Kostava Street. This is the central part of the city with developed infrastructure and convenient transport accessibility. The area combines business activity with the calm rhythm of residential neighbourhoods. The Technical University metro station is within walking distance, approximately eleven minutes away. The proximity of park zones, educational and medical institutions makes the location attractive both for families with children and for business people who value time and mobility.
Surroundings
The area around Prestige Kostava is rich in diverse infrastructure. Tbilisi Zoo is just 300 metres away, and Mziuri Park is about a kilometre from the building. The immediate vicinity includes chain supermarkets, minimarkets, pharmacies, dental clinics and the Republican Hospital. For everyday leisure, numerous cafes, restaurants, bars and McDonald's are available. Active lifestyle enthusiasts will appreciate the nearby Palace of Sport and fitness centre. Within a five-to-ten-minute drive are the Eliava building market, the Central Market, Dinamo Arena stadium, and the Theatre of Music and Drama. Nearby there are bank branches, a post office, beauty salons, petrol stations and car repair shops. For families with children — kindergartens, schools and higher education institutions, including Tbilisi State University named after Javakhishvili, Ilia State University and the Technical University.
Transport
Transport accessibility is one of the key advantages of Prestige Kostava. A bus stop 190 metres from the complex serves municipal buses No. 298, 300, 310, 314, 326, 329, 332, 342, 347, 349, 352, 358, 391, 392, 397 and marshrutkas No. 431, 465, 472, 539, running at ten-minute intervals. The Technical University metro station is about an eleven-minute walk away, providing fast connections to any point in Tbilisi. The bus station, coach station and Didube railway station are just over five kilometres away, opening up convenient routes for intercity travel. Shota Rustaveli International Airport is reached in approximately thirty minutes by car.
Features of the Complex
The project is based on the restoration of the Gruzneft administrative building, carried out by Maqro Construction together with Ken Construction and completed in 2025. The historic Block A has preserved the architectural identity of Mikhail Neprintsev's creation: a grand hall with a high ceiling, an exquisite lobby and a reception area have become its hallmark. The new Block B was built respecting the aesthetics of the same era on a reliable monolithic reinforced concrete frame; the exterior walls are made of brick with high-quality insulation. Residents of both buildings share a common main entrance and the reception of historic Block A. The complex is equipped with all engineering systems, a fire alarm, and the entrances have insulated doors with intercoms. Each section has a vestibule that enhances heat and sound insulation.
Landscaping
The grounds of Prestige Kostava have been transformed into a comfortable and safe space for residents of all ages. Children's playgrounds are covered with rubberised material that reduces the risk of injury, and are equipped with swings, slides and sandboxes. Relaxation areas with wooden benches and gazebos invite leisurely evening strolls. Barrier-free movement throughout the courtyard and at entrance groups is ensured for people with limited mobility. The inner courtyard is landscaped: trees, ornamental shrubs, lawns and flower beds have been planted. Asphalt paths and driveways provide convenient access, and guest parking is available. Evening lighting makes the area cosy and safe in the dark.
Sales
Historic Block A offers 17 exclusive apartments ranging from 100 to 150 square metres. They are handed over in green frame condition, allowing owners to design the interior to their own taste. Access to the apartments is directly from the quiet Mitsubishi elevator. Block B comprises 51 apartments with a variety of layouts — from one-bedroom to three-bedroom units. Unlike the historic building, homes in Block B are handed over with full finishing in one of two designer options that harmonise with the complex's style. All apartments feature panoramic windows with double-glazed metal-plastic profiles and energy-saving glazing, as well as open balconies with railing guards. The project demonstrates strong profitability indicators with a projected investment payback period of eight years. Apartments can be purchased for cash or via a mortgage from TBC Bank. Detailed information is available at the sales office, the address of which is indicated on the official website.
Developer
The developer of the Prestige Kostava project is Maqro Construction. This residential complex became the first property in the Prestige line, which marked a new direction for the developer. The restoration of the historic Gruzneft building was carried out in collaboration with Ken Construction. Maqro Construction specialises in creating high-class housing and implements projects where modern construction technologies are combined with a careful approach to architectural heritage. The company focuses on thoughtful layouts, quality materials and the long-term investment value of its properties. The developer's website contains full information about completed and current projects.