Real Estate Purchase Assistance: Case Studies

Discover how our real estate purchase assistances help our clients avoid all the common issues with traditional sell-side real estate agents in Georgia. How we work on your behalf to get the best deal and how we tailor our service to the unique needs of every single client. Concierge level service and the best possible result.

Real Estate Services (All-Inclusive Purchase Assistance)

Brief Given by the Client:

Our client was an investor looking for a buy-to-let property in the Saburtalo district of Tbilisi. They sought a minimum 2-bedroom apartment with an area of at least 80m2. The client’s primary focus was on finding the best value in terms of price per square meter. They had a budget ranging from $100,000 to $130,000 and emphasized the importance of the property being relatively new and in good condition.

The Process:

Initial Consultation:

ExpatHub’s Head of Real Estate Services held an initial consultation with the client to thoroughly understand their requirements, preferences, and budget constraints. This consultation was vital in shaping the search criteria for the ideal property.

Property Sourcing:

With a comprehensive understanding of the client’s needs, the team at ExpatHub embarked on an exhaustive search for suitable properties in the Saburtalo district. Their focus was to find a property that aligned perfectly with the client’s investment goals.

Property Shortlisting:

After careful evaluation, ExpatHub identified 59 properties that matched the client’s requirements and budget. Each of these properties underwent a rigorous screening process to ensure they met the specified criteria.

Property Pre-Viewing:

Out of the shortlisted properties, the team pre-viewed 20 apartments to further assess their condition, location, and potential for investment. This step was crucial in narrowing down the options and ensuring that only the most suitable properties would be presented to the client.

Virtual Property Viewings:

Due to the client’s geographical constraints, ExpatHub conducted video call viewings for the final 4 properties. This allowed the client to virtually tour the properties and get a realistic sense of each one’s layout and features.

The Result:

After thorough research, evaluations, and consultations, ExpatHub successfully identified the perfect property for their client:

Property Details:

• Address: Nutsubidze St., Saburtalo, Tbilisi, Georgia
• Property Type: 2-bedroom, 2-bathroom apartment
• Area: 96m2
• Building Year: 2017
• Condition: The property was in good condition but required some minor cosmetic works.
• Additional Features: Partly furnished, two balconies, parking space

Purchase Price and Investment Potential:

ExpatHub negotiated the purchase directly with the owner, and the client acquired the property for $120,000, equivalent to $1,224 per square meter. The investment potential of the property was highly promising, with a projected monthly rental income of $1,200, resulting in an impressive gross yield of 12%.
Since the purchase was direct from the owner, the purchase price did not include an agent’s commission, which would typically amount to 3% of the purchase price. By availing of the Real Estate Purchase Assistance services offered by ExpatHub, the client paid just 2.5% of the purchase price to ExpatHub, which included all legal work, and a property inspection.

Legal

ExpatHub’s legal team carried out due diligence on the property & seller, prepared the pre-purchase and purchase agreements, and accompanied the client to the government offices for property transfer & registration.

Brief Given by the Client:

Our client was an EU citizen residing in Hong Kong, seeking an investment property in the central districts of Tbilisi. The client’s main objective was to acquire a buy-to-let property with a minimum of one bedroom. Their budget for this investment ranged from $90,000 to $110,000.
The client was unable to be physically present in Georgia during the property transaction. To address this, ExpatHub played a crucial role by acting as the Power of Attorney (PoA) for the client, representing their interests throughout the process.

The Process:

Initial Consultation:

ExpatHub arranged an in-depth consultation with the client, understanding their investment goals, preferences, and budget limitations. The focus was on identifying suitable properties that aligned with the client’s requirements.

Property Sourcing:

Armed with the client’s brief, ExpatHub commenced an extensive search for potential investment properties within the central districts of Tbilisi. The goal was to identify properties with high rental potential and strong investment prospects.

Property Shortlisting:

Following the search, ExpatHub shortlisted 48 properties that met the client’s criteria in terms of size, location, and budget. The team exercised meticulous attention to detail during this phase to ensure that only the most promising properties were considered.

Property Pre-Viewing:

From the initial shortlist, the team conducted in-person pre-viewings of eight properties. These pre-viewings allowed ExpatHub to conduct on-site assessments, evaluating the properties’ condition, amenities, and potential for rental income.

Virtual Property Viewings:

Due to the client’s remote location in Hong Kong, ExpatHub facilitated video call viewings for the six most promising properties. This enabled the client to virtually inspect the properties and gain a comprehensive understanding of each one’s features.

The Result:

After an exhaustive search and rigorous evaluation, ExpatHub identified an excellent investment opportunity that perfectly matched the client’s brief.

Property Details:

• Address: Jikia House, Saburtalo, Tbilisi
• Property Type: 2-bedroom apartment
• Area: 54m2
• Price Negotiation: ExpatHub negotiated directly with the owner and secured the property at $98,000, lower than the owner’s initial asking price.
• Condition: The property was fully furnished and required only minor cosmetic works, ensuring a quick turnaround for rental readiness.

Due Diligence and PoA Documentation:

ExpatHub’s legal department conducted extensive due diligence, reviewing property extracts, owner backgrounds, registered legal defects, and any relevant obligations. Throughout the process, the legal department maintained transparent communication with the client, providing updates and seeking approvals when required.

Investment Potential:

The selected property has excellent investment potential. With its strategic location in the central districts of Tbilisi and its attractive features, ExpatHub projected a monthly rental income of $800, resulting in a gross yield of 10%.

Brief Given by the Client:

Our client was a Canadian seeking to take advantage of Georgia’s $300k permanent residency program for themselves and their family. They were looking for a buy-to-live property in the prestigious Vake district of Tbilisi. The client, a young family, desired a spacious 4-bedroom apartment with a minimum area of 200m2. The property had to be newly constructed, furnished, and include a garage or parking space. Proximity to Vake Park was a crucial requirement for the client.

The Process:

Initial Consultation:

ExpatHub held an extensive consultation with the client to fully understand their objectives and specific preferences regarding the property. Understanding the significance of securing Georgia’s permanent residency, the team focused on finding a property that not only met the residency program criteria but also offered a luxurious and comfortable living space for the client’s family.

Property Sourcing:

With a clear understanding of the client’s brief, ExpatHub initiated a targeted search for suitable properties in the desirable Vake district. The team prioritized newly constructed apartments with ample space, modern finishes, and proximity to Vake Park.

Property Shortlisting:

After a comprehensive search, ExpatHub shortlisted 41 properties that met the specific requirements outlined in the client’s brief. Each property underwent a careful evaluation to ensure they met the desired criteria for permanent residency and luxury living.

Property Pre-Viewing:

From the shortlisted properties, the team conducted pre-viewings of eight apartments to assess their condition, layout, and overall appeal. This allowed ExpatHub to select the most promising options to present to the client.

In-Person Property Viewings:

The client personally visited four of the shortlisted properties to experience them firsthand. ExpatHub arranged the viewings and provided comprehensive information about each property, facilitating an informed decision-making process.

The Result:

After an intensive search and careful consideration, ExpatHub successfully identified the perfect property that fulfilled the client’s residency requirements and exceeded their expectations for luxury living.

Property Details:

• Address: Vake district, Tbilisi, Georgia
• Property Type: 4-bedroom luxury apartment
• Area: 210m2
• Condition: The apartment was part of a new, high-quality building, with top-notch finishes and breathtaking views from spacious terraces.
• Garage: ExpatHub successfully secured a separate garage adjacent to the apartment building, fulfilling the client’s requirement for parking space.

Purchase Price and Benefits:

The apartment was initially listed at a guide price of $450,000. Through skillful negotiation, ExpatHub managed to secure the property for $425,000, providing excellent value for the client. In addition to acquiring a luxurious residence, the purchase enabled the client to participate in Georgia’s $300,000 permanent residency program, offering a range of benefits and opportunities for their family’s future.

Brief Given by the Client:

The client was an EU citizen looking to take advantage of Georgia’s $300,000 permanent residency program. To reach the required portfolio value, the client sought a buy-to-let investment property valued at a minimum of $155,000. The primary focus was on securing a finished, furnished property with strong rental potential and capital appreciation in the central districts of Tbilisi, particularly Vake, Rustaveli/Mtatsminda, or Saburtalo.
However, the client was unable to be physically present in Georgia during the property transaction. To address this, ExpatHub played a crucial role by acting as the Power of Attorney (PoA) for the client, representing their interests throughout the process.

The Process:

PoA Appointment:

ExpatHub facilitated the appointment of the Power of Attorney. The client officially designated ExpatHub as their authorized representative to conduct the property acquisition on their behalf.

Initial Consultation:

ExpatHub conducted an extensive consultation with the client to understand their objectives and eligibility for Georgia’s permanent residency program. The team outlined the specific criteria for the buy-to-let investment and narrowed down potential locations based on the client’s preferences.

Property Sourcing:

With a clear brief, ExpatHub commenced a focused search for suitable investment properties in the central districts of Tbilisi. The team emphasized properties that met the investment requirements while offering strong rental potential and capital appreciation.

Property Shortlisting:

From the search, ExpatHub shortlisted 80 properties that aligned with the client’s criteria. The team meticulously assessed each property to ensure it met the required valuation and potential for rental income.

Property Pre-Viewing:

Four properties from the shortlist were pre-viewed by the team to evaluate their condition, features, and investment potential. This step allowed ExpatHub to present the most promising options to the client.

Virtual Property Viewings:

Due to geographical constraints, ExpatHub facilitated video call viewings for the final four properties. This enabled the client to virtually explore the properties and make informed decisions.

Due Diligence and PoA Documentation:

ExpatHub’s legal department conducted extensive due diligence, reviewing property extracts, owner backgrounds, registered legal defects, and any relevant obligations. Throughout the process, the legal department maintained transparent communication with the client, providing updates and seeking approvals when required.

The Result:

Through dedicated efforts and adept negotiation, ExpatHub successfully identified an exceptional investment property that not only met the residency program requirements but exceeded the client’s expectations for a lucrative buy-to-let opportunity.

Property Details:

• Address: Saburtalo, Tbilisi, Georgia
• Property Type: 2-bedroom apartment
• Area: 150m2
• Condition: The apartment was on a high floor, part of a new, high-quality building, featuring terraces that offered breathtaking views of Central Park and the surrounding area. The property was finished and partly furnished, making it ready for rental.

Purchase Price and Investment Potential:

ExpatHub negotiated directly with the owner, securing the property for $200,000, below the initial guide price of $210,000. The independent valuation of the property stood at $238,000, indicating the exceptional value the client received. With a projected rental income of $2,500 per month, the property offered an impressive gross yield of 15%.
By negotiating directly with the owner, the purchase price did not contain an agent’s sales commission, ensuring best value for the client.

The Challenges:

The process faced challenges during the contract phase at the Public Service Hall. However, ExpatHub’s legal team’s quick and agile response, alongside effective communication with the account manager, allowed the deal to overcome obstacles and successfully close within the desired timeframe.

Brief Given by the Client:

A Russian buyer with a $130,000 budget sought a spacious, fully furnished property with a minimum of two bedrooms, spanning at least 80 square meters. The goal was to find a ready-to-live home in Tbilisi’s central districts: Vake, Rustaveli/Mtatsminda, or Saburtalo.

The Process

Initial Consultation

The buyer approached ExpatHub with a specific requirement for a buy-to-live property in Tbilisi. The client’s budget was set at $130,000. ExpatHub held an in-depth consultation with the buyer to understand their preferences, desired location, and property features. The focus was on central districts like Vake, Rustaveli/Mtatsminda, and Saburtalo.

Property Sourcing

With a clear brief, ExpatHub initiated an extensive search for suitable properties meeting the client’s criteria.

Property Shortlisting

From the search, ExpatHub shortlisted 34 properties that matched the required size, location, and condition.

Property Pre-viewing

Eight properties were pre-viewed by the ExpatHub team to assess their condition, amenities, and readiness for immediate living.

In-person property viewing

The client, alongside ExpatHub’s representative, personally visited three shortlisted properties to experience them firsthand.

The Result:

After a meticulous search and in-person viewings, ExpatHub successfully identified the perfect buy-to-live property that exceeded the client’s expectations:

Property Details

• Address: Dolidze St., Saburtalo, Tbilisi
• Property Type: 2-bedroom apartment
• Area: 110m2
• Building Details: Newer type building with 14 floors, the apartment is located on the 13th floor.
• Features: The property features a spacious terrace that overlooks the beautiful city of Tbilisi, enjoying ample sunlight throughout the day.

Purchase and Negotiation

ExpatHub skillfully negotiated with the owner, securing the property at a favorable price. With the property having been initially listed at the guide price of $135,000, ExpatHub successfully negotiated the purchase for $127,000, providing excellent value for the client.

Crypto Payment Facilitation

Understanding the client’s preference for purchasing with cryptocurrency, ExpatHub facilitated the transaction through their local crypto partners, ensuring a seamless and secure payment process.

Rental Property Facilitation

Brief Given by the Client:

The clients, a young EU couple, were urgently seeking a rental property in the prestigious Vake district of Tbilisi, Georgia. They required a specific location within the district and needed to move in within two weeks. The couple emphasized their need for a spacious 2-bedroom apartment with a home office to accommodate their work-from-home needs. Being pet owners, it was crucial to find a fully furnished rental property that accepted their small dog. The challenge was to complete the rental process within a short two-week timeframe, and the clients sought assistance from ExpatHub’s comprehensive rental services.

The Process:

Initial Consultation:

ExpatHub promptly scheduled an urgent consultation with the clients to understand their specific requirements and timeframe. The team carefully listened to the couple’s preferences, helping the couple discover the best-suited area in Vake that aligned with their preferences and lifestyle, and ensuring a focused search for their ideal rental property.

Property Sourcing:

With the urgency of the situation in mind, ExpatHub initiated a rapid search for rental properties in the Vake district, focusing on the specific streets and locations requested by the clients.

The rental service bridged the language barrier, sparing the clients from dealing with unhelpful agents and time-consuming calls or viewings that did not align with their requirements.

Property Shortlisting:

From the search, ExpatHub shortlisted 19 properties that met the couple’s criteria for space, location, and pet-friendliness. Each property underwent a thorough evaluation to ensure they matched the client’s needs.

Property Pre-Viewing:

The rental service spared the couple from dealing with bad agents, fake or misleading listings, or expired properties. ExpatHub pre-viewed properties on their behalf, shortlisting only those that genuinely met their criteria. Seven properties from the shortlist were pre-viewed by the team to assess their condition, layout, and suitability for the couple’s requirements. This helped identify the most promising options for the clients.

In-Person Property Viewing:

To further streamline the process, ExpatHub provided concierge viewings, accompanying the clients and providing translation assistance during property viewings. The couple personally visited just one property, which stood out as a strong contender during the pre-viewing phase. ExpatHub arranged the in-person viewing, ensuring it met all the essential criteria set by the clients.

The Result:

With efficient and meticulous efforts, ExpatHub successfully identified the perfect rental property that catered to the couple’s specific needs and accommodated their furry companion:

Property Details:

• Address: Vake district, Tbilisi, Georgia
• Property Type: 2-bedroom apartment
• Area: 102m2
• Condition: The apartment was situated in an older type building near Vake Park but had undergone recent renovations, offering a fresh and modern living space. The property was fully furnished, ready for the couple to move in swiftly.

Rental Terms

Once the couple selected the property of interest, ExpatHub took charge of negotiations on their behalf, ensuring they secured favorable rental terms.
ExpatHub negotiated with the owner and secured a highly favorable rental deal for the couple. The property was leased at a rate of $1,300 per month, with a one-year lease directly from the owner. The property’s pet-friendly policy allowed the young couple to comfortably accommodate their small dog.
ExpatHub’s experienced lawyers reviewed the rental contract to protect the couple’s interests. Since ExpatHub sourced the property directly from the owner, the owner did not incur an agent’s commission, creating extremely favorable conditions for the negotiation and agreement.
To make the transition smoother, ExpatHub provided translation and administrative support, assisting the clients in transferring utility accounts to their name, upgrading internet services, and more.

Brief Given by the Client:

The clients, from the USA, were visiting Georgia for a limited two-week period and needed to find a suitable rental property for their family during their stay. Their search was specifically focused on the Saguramo area. They required a spacious villa with a minimum of 250m2, featuring 4 bedrooms, 3 bathrooms, a garage, and situated on a large plot. The property had to be fully furnished, pet-friendly, and equipped with fiber-optic internet access. The client’s budget allowed for $3,000 per month with a minimum 6-month lease.

The Process:

Initial Consultation:

Recognizing the time sensitivity of the client’s visit, ExpatHub promptly arranged an in-depth consultation with the client. The team documented the specific villa requirements and prioritized properties that met their preferences.

Property Sourcing:

With a narrow focus on the Saguramo area and the stringent criteria outlined by the client, ExpatHub initiated an exhaustive search for suitable villa properties in the region.

Property Shortlisting:

ExpatHub shortlisted 26 properties that matched the criteria for space, bedrooms, bathrooms, garage, large plot, and pet-friendly amenities, with a particular emphasis on fiber-optic internet access.

In-Person Property Viewings:

The client personally visited seven shortlisted properties to assess their suitability and ensure they met all the specified requirements. ExpatHub facilitated the property viewings, ensuring each option was well-prepared for the client’s visit.

The Result:

ExpatHub’s dedication and commitment to their client’s unique needs led to the successful identification of a luxurious villa that matched the family’s expectations:

Property Details:

• Location: Saguramo area
• Property Type: Spacious villa
• Area: 350m2
• Bedrooms: 4
• Bathrooms: 3
• Features: The villa was situated on a large plot and included a pool and a garage, making it a perfect fit for the client’s family.
• Lease Terms: The property was secured directly from the owner on a 10-month lease, providing the family with an ideal rental period.

Rental Terms and Amenities:

ExpatHub negotiated the rental price, securing the villa at $3,000 per month, meeting the client’s budget requirements. The property not only allowed pets but also provided fiber-optic internet access, ensuring the family’s seamless connectivity.

Client Satisfaction:

The client was highly appreciative and complimentary about ExpatHub’s exceptional services throughout the exhausting search process, which resulted in finding the perfect villa for their family.