Apartment delivery condition is one of the most important cost factors when buying new-build property in Georgia. Two apartments may have the same advertised price per square meter, but the real investment budget can be very different depending on whether the unit is delivered in black frame, white frame, green frame or turnkey condition.
Black frame usually means that the apartment is delivered in a basic construction state. The buyer should expect significant additional work before the unit can be lived in or rented out. This may include internal walls, flooring, electrical works, plumbing, heating, bathroom, kitchen, lighting, doors, furniture and appliances, depending on the project.
White frame usually means that the apartment is more prepared for finishing, but the exact definition can vary. In some projects, it may include internal partitions, floor screed, plastering or basic engineering points. In others, the scope may be more limited. This is why the buyer should always ask for a detailed technical specification.
Green frame is sometimes used in Georgia to describe a more advanced pre-renovation condition. However, it is not a universally standardized term. Buyers should be especially careful and ask what exactly is included: walls, flooring preparation, bathroom preparation, heating system, electrical wiring, plumbing, windows, doors, ventilation and utility points.
Turnkey or premium turnkey usually means that the apartment is delivered ready for use or rental. However, buyers should still check the exact package. A turnkey apartment may or may not include kitchen furniture, appliances, air conditioning, curtains, lighting, bathroom accessories, beds, mattresses, sofa, tableware and rental inventory.
For investors, delivery condition directly affects ROI. A cheaper black frame apartment may require a larger renovation budget and more time before rental income starts. A turnkey unit may have a higher purchase price, but it can be easier to manage and faster to rent if the quality and specification are clear.
The safest approach is to compare projects by total ready-to-use cost, not only by price per square meter.