Investing in Georgian real estate is currently an attractive proposition. Our property buyers guide below provides a comprehensive overview of the most important topics affecting your investment choices for real estate in Georgia (Europe).
Georgia is fast becoming one of Europe’s hottest property markets, yet has some of the lowest real estate prices of any capital city in Europe. While prices for real estate in Georgia are on the rise, you can still buy very centrally located one-bedroom, 45m2 (485 sq ft), fully finished apartments in Tbilisi, Georgia’s capital, for as little as $85,000 (USD). In some city suburbs, significantly less.
In this article, we explore the criteria that are most important to those investing in Georgian real estate, from where to buy property in Georgia (Tbilisi/Batumi) to pricing, growth, mortgages, rental yields and more. We also cover some of the most common pitfalls, legal concerns and scams that may be encountered.
Buying property in Georgia? You can also download our “state of the market” Georgia economic indicators PDF, complete with detailed charts and stats showing market changes over past years, through to today.
LAST UPDATED: Aug 2023
- Georgian Real Estate Market – Top 10 Essential Info Points, At A Glance
- Why Georgia?
- Rapidly Improving Infrastructure
- Where To Buy Property In Georgia (Tbilisi/Batumi)
- Georgian Real Estate Podcast
- Georgian Real Estate: Strong Rental Market, Attractive Rental Yields
- Easy Entry for Foreigners Buying Property In Georgia
- Low Tax Regime: Stamp Duty, Property & Personal Tax
- Difficulties Facing Foreigners Buying Property In Georgia
- Remote Purchasing Options For Real Estate In Georgia
- Banking & Mortgages For Buying Property In Georgia (Europe)
- Ease of Doing Business
- Residency Through Investing in Georgian Real Estate
- Legal Concerns
- Sell-Side vs Buy-Side Agents In Georgia (And How ExpatHub Solves The Challenges)
- Download our “State of the Market” PDF
- Real Estate Georgia: Summary
- Free Real Estate Consultation
Georgian Real Estate Market – Top 10 Essential Info Points, At A Glance
- Georgia is currently experiencing an unprecedented level of infrastructure development, and has experienced average GDP growth of over 4.5 percent per annum between 2011 and 2022
- Year-over-year real estate market growth of Tbilisi property had been quite modest from 2016 to early-2022. Price growth from February 2022 to Spring 2023 has been unprecedented, with some districts experiencing increases of +35%.
- Typical rental yields in 2023, for long term (6+ month) rental stand at 8-12%. For short-term rental, 15-20% depending on occupancy rates.
- Typical per-m2 price in the capital as of August 2023 is $2,000 – $2,500 in the Old Town (Mtatsminda), $1,800 – $2,500 in prestigious neighborhoods like Vake, $1,600 – $2,000 in modern inner-city suburbs like Saburtalo, and $1,000 – $1,500 in outer suburbs. These averages include all building types and standards. New, modern, high standard residential units command considerably higher prices.
- Foreigners can purchase real estate in Georgia, excluding agricultural land, with the same entitlement and laws as Georgian citizens. You can even purchase a house or an apartment remotely, without stepping foot in Georgia, by issuing a Power of Attorney – a process that our legal team can assist with.
- Property registration (transfer of title) can cost as little as $20 USD. Legal fees for the whole process rarely exceed $500 to $1,000 USD.
- 0% capital gains tax if selling after 2 years of ownership. Annual property tax amounts to no more than 1% of the value of the property (but often less). There are no other local city/council taxes to pay.
- Tbilisi is one of the last European capitals that has not already seen a large market boom. Prices for property in Tbilisi are some of the lowest of any European capital.
- Purchasing property exceeding $100,000 USD in value allows you and your direct family members to apply for a temporary residency permit (renewable annually) in Georgia.
- Most foreigners can relatively easily open a personal bank account in order to get the funds prepared for your Georgian real estate purchase, to a local bank. Getting a mortgage, so long as you have evidence of financial means, is normally possible too.
Our comprehensive guide to the Georgian real estate market in general, is below.
Buying property in Georgia? For a more in depth analytical report on the market with relevant statistics and charts, download our Georgia economic indicators PDF.
Georgia boasts a wonderful, diverse climate (from subtropical to mountains/skiing to fertile valleys and more arid landscapes), great traditional food & ancient wine heritage, spectacular mountainous regions of the Caucasus, a relatively low cost of living, and has become increasingly popular with tourists, digital nomads, those seeking lower taxes, and property investors.
Bureaucracy has been simplified, there are minimal regulations, and it’s quite simply an up-and-coming destination. Due to its attractive tax system, the country may also be a great option for your tax residency and/or business domicile. Personal income tax is a flat 20% (but with many special programs and allowances, such as 5% tax on residential rental yield or the 1% tax rate for individual entrepreneurs), while business profits are only taxed upon distribution, not on an annual basis. It’s also very easy to open a business, often within as little as two working days, even as a foreigner.
Georgia is currently experiencing an unprecedented level of infrastructure development (see below), which together with average GDP growth of 4.7 percent per annum between 2011 and 2022, bodes well for the country’s future economic success. Not to mention the EU’s stated readiness to grant Georgia the status of a candidate for accession to the EU.
Since the end of the pandemic, Georgia’s property market has been on an increasingly upward trajectory. A combination of higher-than-average capital appreciation and rental yields makes Georgia an attractive property market to invest in.
For buy-to-rent (short-term tenants), the tourism industry is bouncing back after Covid and its steep upward growth trajectory, that was evident before 2020, looks to be back on track by the 2023 season. For longer-term rentals, Tbilisi and Batumi have both seen increases in 2023, not just from locals migrating from rural areas to cities, but also from expats looking for affordable cost of living in a country benefiting from simpler bureaucracy and regulations.
Rapidly Improving Infrastructure
“In about 10 years, construction of all highways will be completed in Georgia, households across the country will have unfettered access to water supply, all municipal landfills will be replaced by modern regional centers, regions will be socially and economically developed, municipalities will be strengthened and their capacities will increase”, said Georgian Infrastructure Minister Irakli Karseladze at the presentation of the 10-year development plan in July 2021.
Currently, 818km of highways are under construction, including 71 bridges and 47 tunnels, a total spend of 17 billion GEL (USD $6 billion) on road infrastructure by 2030.
Internet infrastructure in Georgia has come a long way in the past 10 years and generally speaking, it’s now well-developed. You can easily get from 20Mbps to 100Mbps of fiber internet connection, but it may pose a problem if you need more than that. It depends largely on where you’re living. While it’s not difficult to get quality connections in most cities in Georgia, it’s still a good idea to double-check if you’re planning to settle in more remote areas.
Where To Buy Property In Georgia (Tbilisi/Batumi)
The famous old saying “There are 3 things that matter in property: location, location, location” is particularly true when choosing the area in Georgia (and Tbilisi or Batumi) to invest in. Choosing the best area to invest in, one that will likely see a rise in property prices, will very likely make you a good return in the long run.
The price of real estate in Georgia rose steadily from 2012 to 2019, before suffering a 20% decline in 2020 due to the pandemic. Those previous steady increases have returned to the market, with an over 35% increase in 2022, following a moderate 5% rise in 2021. 2023 has seen modest growth.
The Tbilisi property market is, by far, the most sizable in Georgia, with approximately a third of the country’s population residing there. However, good investment opportunities can also be found in other regions, in particular in Batumi, on the Black Sea coast, Georgia’s 2nd largest city and a popular beach resort, attracting both local and foreign tourists.
For foreign buyers interested in Tbilisi, we recommend you stick to quality developments in the main central districts of Saburtalo, Vake, Matsminda, Vera, Sololaki, Ortachala, Avlabari & Chugureti. The districts of Vera, Sololaki & Mtatsminda are popular for short-term lettings due to their proximity to the historic old town that most tourists like to visit. The other areas mentioned above have strong long-term rental demand.
The development of the real estate market in Batumi has accelerated in recent years, with a record number of units built in the past five years. Up until 2022, supply far outweighed demand, however in 2022 this trend reversed, with Batumi beginning to mirror the high rental demand of Tbilisi.
An advantage of the Batumi market is that it is led by a number of large, quality developers building impressive coastline mixed-use towers. In some cases, guaranteed rental income is offered by the developers. In Batumi, when accessing investment options, look for proximity to the coastline, guaranteed profitability, quality of construction and finishing, and service management.
Georgian Real Estate Podcast
We discuss where to buy and the state of the market, as well as some of the quirks and problems. (3rd party player may take a few seconds to load).
Listen and subscribe on any podcast platform. Just search “Tbilisi Podcast”.
Georgian Real Estate: Strong Rental Market, Attractive Rental Yields
2022 was a tumultuous, upward-trending year for the Georgian Residential Real Estate market. Increased demand, stimulated by both local and international inflow, has been felt most severely in the rental market.
Rent prices shot up to unprecedented levels from March 2022, with the outbreak of conflict in Ukraine. In some cases, the monthly YoY increase was up to 100%, with demand far outstripping supply. Both prices and demand dampened somewhat throughout Spring & Summer 2023.
Sales price growth in 2022 was more modest, but still ranging up to +35% in some districts.
Pre-2022, investors could expect 8%-12% average rental yields for long-term letting in Tbilisi, depending on size, condition, and location of the property. For well-managed short-term lettings, yields reached up to 20%, depending on occupancy rates.
There are numerous good property management companies that can manage your property rentals. They generally charge approximately 25% of gross rental income for short-term rentals and 15% for long-term rentals.
Easy Entry for Foreigners Buying Property In Georgia
There are very few limitations for foreign real estate purchasers in Georgia. A non-citizen can purchase non-agricultural real estate on a freehold basis under the same conditions as any domestic buyer.
Property registrations are carried out at Public Service Halls (PSH) located throughout Georgia, and the system is extremely quick & efficient. Tbilisi’s PSH is an ultra-modern building that houses all public services under one roof. Generally, property transfers/registrations take up to four working days – a same-day service is available for an extra charge.
The only exception is agricultural land, including houses in Georgia situated on agricultural land, the purchase of which is restricted for foreigners. And, because of zoning laws, a lot of land in villages and small towns is still zoned agricultural. Even some outer parts of Tbilisi are still zoned as agricultural, and the process of rezoning can be difficult. This is something that should be clarified when enquiring/viewing real estate. If you’re seeking to purchase agricultural land then we can talk through the options in more detail at one of our free real estate consultations.
Low Tax Regime: Stamp Duty, Property & Personal Tax
Surprisingly for many foreign investors, there is no Stamp Duty or equivalent tax to pay in Georgia when purchasing Real Estate. Other than the actual purchase price that you pay for the property, other costs associated with the property purchase are extremely low.
The cost of registering a property is only ₾50-200 GEL ($20-80 USD) depending on how quickly you want it processed. There are no hidden costs.
Annual property tax in Georgia is related to the locality you purchase in. Outlined in Chapters XXIX & IX of the Tax Code of Georgia, the amount of property tax is 1% of the appraised property value at most, however in many cases (depending on the municipality in question, as well as your annual household income) it is much less than that.
If you decide to sell your property within two years after buying it, you will be subject to just a 5% income tax on capital gains. There is no tax on capital gains if you decide to sell after two years have elapsed.
As a buy-to-let investor, if you register as a landlord, you pay just 5% annual tax on your gross rental income on residential lettings and 20% on commercial lettings. If unregistered, you pay at the standard 20% personal income tax rate on all lettings, but are allowed to deduct expenses.
Difficulties Facing Foreigners Buying Property In Georgia
Language Barrier & Georgian Business Practices
From unfamiliar negotiation rules to just acquiring basic information about a property you are considering buying, agents and sellers often do not speak adequate English to make the process easy. Even when they do, a market lacking any regulation or qualifications for agents means agents often don’t even understand what a foreign (or any) buyer would actually consider important to know about a property.
But, it’s more than just the language barrier.
The way in which negotiations are handled can be a little alien to foreigners too. There are many ways business is done differently here, that may lead to confusion, mistakes, misunderstandings or just plain and simple frustration – including deals being tanked without warning.
In some cases, it is tantamount to scamming, in others it is less malicious and just pure unfamiliarity with business practices. Either way, it can be problematic. Having a Georgian-speaking expert in your corner can make all the difference when it comes to smoothing out the process and avoiding faux pas or misunderstandings.
Some unscrupulous sellers will also see foreign inquiries as an opportunity to increase the offer price (yes, this actually happens, and you’ll often hear a whole host of excuses as to why the new price is more than the list price).
Having a local Georgian-speaking representative initiate the discussion can help get the essential information confirmed, prior to the seller realizing the buyer is a foreigner. This can help you skip confusion and price hikes.
Unregulated Real Estate Agent Industry
There is no regulation. Anyone can call themselves a real estate agent and start selling immediately. Without regulation or repercussions for poor quality agents, foreign buyers (Georgian buyers too) can be left with absolutely no options if they walk into a bad deal after an agent or seller has straight-up lied to them.
The quality of Sell-Side real estate agents often varies from simply incompetent, through to maliciously manipulative. Though many fall into the first category, incompetence can lead to various issues, such as presenting unverified information as fact. For example, asking an agent whether the apartment you’re about to purchase includes a parking space, you may hear a resounding “yes, of course”, only to find out after the transaction that the “included” parking space is just public street parking, not a dedicated parking space on-site.
If you uncover the truth after the purchase is complete, there’s virtually no chance of ever holding the agent accountable.
Oftentimes, the agent taking you around is also as uninformed about the property as you are. More often than not, it will be the first time they have visited the property themselves, having done no preparation to learn about the place, and not been shown around by the seller beforehand.
Severe Lack Of Portfolio With Sell-Side Agents
This is a problem facing all buyers, not just foreigners. It’s by far the most frustrating part of trying to source the right property in Tbilisi, as well as other parts of Georgia.
The way Sell-Side real estate agents work in Georgia is a little different from many other markets around the world. A lot of agents in Georgia work for smaller companies or directly with sellers (as freelance agents, often a relative or a friend of the seller). Commission sharing between agents is also rare.
For the buyer, this situation means that even if you find a unicorn (i.e. a really good Sell-Side estate agent, which is rare enough in itself!) they only have access to a limited number of properties. If none of that shortlist fits your requirements, you almost always need to get a new agent.
The concept of getting a good agent, and them being with you from start to finish, effectively doesn’t exist in Georgia. You can’t just tell a Sell-Side agent here your requirements, then expect a list of 20 (relevant) options a day later, and a continued search on your behalf if those don’t look good.
You, as the buyer, are the one that has to do almost all the legwork in hunting down every last property, checking with each Sell-Side agent that they are being accurate on their listings, and chasing the lazier ones who don’t even respond. And even then, you need to prepare to turn up to viewings to discover the agent lied about the condition of the property, making the viewing a waste of your time.
Remote Purchasing Options For Real Estate In Georgia
Making real estate purchases using a Power of Attorney (PoA) gives you the option to buy remotely, without even having to visit Georgia. This is entirely possible and legal in Georgia and is something our legal team handles for our clients regularly. That being said, there are certain risks surrounding international bank transfers for real estate purchases, so having a local bank account is always advised and preferable.
For many investors, their time may be quite limited, and coming to Georgia in person for many weeks to follow the whole selection and then the purchase process, is simply not practical, making the use of a PoA to complete your purchase an attractive option.
For international investors, our team can assist from start to finish, to meet your requirements.
Banking & Mortgages For Buying Property In Georgia (Europe)
Opening a Personal Bank Account
Assuming you intend to open a personal (not business) bank account, you’re in for a treat, as Georgia remains one of the easiest countries for a non-citizen (or even a non-resident) to open an account – although they are slowly tightening up restrictions.
The two largest banks in Georgia are Bank of Georgia (BoG) and TBC. Both are listed on the London Stock Exchange, and are considered to be stable & secure.
Both offer internet and mobile banking services. Furthermore, both operate premium brand services, where, if you maintain a minimum account balance (approximately 20k GEL), you avail of personal banking services with an account manager assigned personally to you. Bank of Georgia’s premium service is named Solo, TBC’s is named TBC Concept.
To open a personal account, all you need to do is show up with your passport in hand, and once your paperwork is checked by the bank’s back office (usually in as little as a day or two), you’ll be sent the details of your fully functioning multi-currency account (GEL, USD, EUR).
Go back in a couple of days and pick up your debit card (there is a small charge for this). That’s it! No proof of address or reference letter is needed. You will often be asked to report financial details about your sources of wealth and may be asked to provide supporting documentation on some occasions. If you are from the USA you have to provide information as required by the FATCA agreement.
A word of warning, though: be prepared to provide many more documents and start answering questions if/when you start receiving large amounts (by Georgian standards – approx. 10,000 USD is a good benchmark, though any amount could trigger questions) into your account, especially from abroad. Banks in Georgia are increasingly tight on KYC and anti-money laundering, and therefore, they tend to get quite nosey the moment they spot anything irregular.
It is worth noting, however, that unlike many other jurisdictions, where an account freeze often means months of worry and headache, the KYC processes with Georgian banks are normally very efficient, and even in case of a request for documentation, you can expect the verification to be completed within days of providing the required information or documents.
In summary, opening a personal bank account in Georgia as a foreigner is a remarkably simple exercise compared to most countries in the world.
Both Bank of Georgia and TBC, among others, offer mortgage options to foreigners. Upon approval of your financial status, typical mortgages for foreigners require a high initial down payment (normally at least 40%), as well as a relatively short term (typically a maximum of 10 years) at an interest rate of approx. 6% and up. Note that most loans are taken in USD. For loans in the national currency (GEL), you can expect interest rates upwards of 11% per annum.
These numbers can vary, but the key takeaway is that while you might qualify for a mortgage, the conditions that foreigners receive are sometimes different from those for citizens of Georgia. Speak to your bank to find out what they can offer you.
Ease of Doing Business
Georgia has one of the most favorable investment climates in the region, making it an attractive destination for investment. Significant structural reforms have been carried out to simplify business procedures, and construction permits, cut red tape, simplify licensing and permitting regimes, as well as to improve tax and customs procedures.
In 2019, Georgia ranked 6th in the World Bank’s Ease of Doing Business Indicators, up from 115th in 2005. At the time, little FDI was directed toward infrastructure projects. However, in recent years this problem has been corrected as outlined above.
It’s very easy to open a business in Georgia (in-person or remotely), often within 2 working days. There’s a one-time fee with no annual renewals.
Residency Through Investing in Georgian Real Estate
As an owner of Georgian real estate, you have options to obtain legal residency (not tax residency) on the basis of your ownership, if you meet the requirements.
Short-Term Residence Permit (based on the ownership of property valued at >$100k USD).
If the Georgian real estate you own (which can include your entire portfolio) has a total combined market value in excess of $100,000 USD, as confirmed by a market valuation provided by an accredited valuator, then you can use this as the basis for gaining temporary residency (renewed annually) for yourself and your dependants/spouse.
Note: If you receive residency and subsequently your property is sold or valued below the threshold, your residence permit will be invalidated.
$300k USD Investment Residence Permit.
Alternatively, you can apply for an Investment Residence Permit, which has the benefit of granting you and your family members (spouse and non-adult children) a guaranteed 5-year residency, but the total amount of the investment is increased to $300,000 USD.
While the investment, in this case, can be in other vehicles than just real estate, the status is conditional on maintaining the $300k investment continuously and meeting other special requirements (which differ depending on the type of investment).
The other added benefit of this program is that after the initial 5-year period, subject to continuing to fit the criteria, one can apply for Permanent Residency on a fast-track basis. This is currently the only way (other than family relationships with a citizen, and certain other very specific situations) to obtain Permanent Residency in as little as 5 years.
The real estate acquisition process can be somewhat complicated. As with any property purchase, it is essential to seek legal advice and engage your own lawyer to carry out due diligence on the property (and the seller). However, by international standards, these costs are not expensive.
The property registration system in the Public Service Halls runs efficiently. Each and every apartment, house, and plot of land in Georgia has a unique cadastral code assigned to it. This cadastral code is registered on the mainframe Property Register in the PSHs.
All of the previous information related to that cadastral code (including liens, mortgages, owners etc.) are registered on that property’s extract (registration). Your proof of property ownership is when your passport details are registered on the Property Extract as the latest owner, for the cadastral code of the property you have purchased.
Sell-Side vs Buy-Side Agents In Georgia (And How ExpatHub Solves The Challenges)
The majority of Sell-Side agents simply don’t operate in a way that’s similar to Western Europe and North America. Although there are a few Sell Side agents and agencies in Georgia that do, the problem of limited portfolio (discussed above) becomes an issue. The combination of both a good agent AND having enough properties in their portfolio for you to get what you want, within any reasonable time frame, just doesn’t really exist. You will always have to compromise or continuously switch agents and be very proactive in following up with them. Sometimes, it can even feel like you are begging someone to earn their commission!
Can the Sell-Side system be fixed?
Over time, perhaps. But currently, our solution is to work with the market we have, initiate change as we can, and make the current climate better for our customers by offering Buy-Side, rather than Sell-Side, services.
Our Buy-Side services are essentially everything you wish would be done by a really good Sell-Side agent, with the added benefit of doing even more work than any Sell-Side agent in Georgia would, being 100% aligned with your interests and being backed and followed through by a legal team.
How the typical Sell-Side process works in Georgia, and our Buy-Side solutions:
- Agents (who need no experience/qualification to operate here) list properties on a public portal like Myhome.ge or SS.ge. These may be listings they actually have access to or ones they are trying to steal from other agents and/or fake ones they use as a way to get your phone number.
How We Solve This: We deal with fake listings daily, we can spot them a mile off. We also sift through all listings on your behalf, to your exact requirements, and check details before even bringing you options. By doing this, your time only goes into reviewing good/real listings that also match your needs.
- When you find properties you like on a listing site, you contact the Sell-Side agent.
How We Solve This: We contact them on your behalf. Zero time spent on your side.
- In about 50% of cases, they simply never respond. Ever. Especially if they don’t speak English. They may just hang up on you. Following up with them doesn’t help.
How We Solve This: You are not involved, so save time. We speak Georgian. We know how to filter BS agents from real ones, right out of the gate.
- Of the 50% that do respond, often the property you are interested in is “not available”. Even though it may actually be available, they just never had access to sell it, and when they go to the original agent or owner, that other person tells them they won’t share/pay commission, and hence you, as the client, are told “not available”. OR it was just a fake listing to get your number. The risk here is that you can miss out on a property that actually is available and potentially ticks all of your boxes, just because you can’t find the original owner/agent.
How We Solve This: We find the original agent/owner for the real listing, if they exist. We don’t need to share commissions, so everyone will work with us. If it’s a fake listing, you never had to spend time on it as we did this for you.
- At this point, they either just never contact you again (if it was not their listing). OR they spam you with the 5 or 10 “actual” listings they have, none of which have any similarity to your requirements. When you don’t want any of those, you never hear from them again. No, you don’t get a call a week later saying “something like you wanted just came up!”. They just never contact you again. This person is not your agent.
How We Solve This: They spam our number, not yours. We proactively follow up if it’s worth it. If not, we are on the case, finding you something that does match your requirements so we can get you alternatives in a timely manner.
- If it’s actually a real listing, which they actually have the option to sell, you go to the viewing, and in many cases either there is something with the property that is different from what the listing suggested, or problems never disclosed in general. These range from the apartment building being old Soviet, when the agent claimed it was a newer building… to the listing saying it was 5 bedrooms but it’s actually 3. Oftentimes a property can look amazing in a listing, with a modern refurbishment, and impressive photos. Then when you arrive to view the apartment, the building is old, and in poor condition, with drab, dirty public areas and stairways. And many other issues that they won’t tell you on the phone because they believe “once you see it, those dealbreakers won’t matter”.
How We Solve This: We know what lies agents tell, and what is commonly left out of photos and listings. So we proactively ask the right questions to avoid time wasting. We pre-view the building and surrounding area for you, and do remote/video viewings, so we can rule out BS listings without you wasting time attending.
- If you find a property that does meet requirements, you still may run into issues. From legal problems, to sellers putting the price up on a whim. A Sell-Side agent has an interest in convincing you to take the property as they know it is not a matter of you just choosing another property via them, but that you will get another agent (not many choices because of the limited portfolio issue) so their commission will be gone.
How We Solve This: We know all the usual tricks. And our legal team checks everything. If there are issues, or if the seller’s demands are unreasonable, we negotiate (in Georgian) and/or we advise you if it is time to walk away – as we will still be your agent so don’t have the financial risk. Essentially, you leave it with us and won’t even have to turn up to the negotiation. Countless times we’ve had deals dropped (and rightly so!) on behalf of our clients because of issues that cropped up as a result of our Due Diligence, after the “Sale Agreed” stage of the process. Unfortunately, this is just the state of the market in Georgia. We simply repeat the process of property searches and viewing again until our clients are satisfied.
- The above process repeats as you churn through new agents, and all the same issues from every step. It’s very frustrating, and very time-consuming.
How We Solve This: We deal with all of it. You just OK the options we have actually vetted already, then we move forward. Repeats of the process are reduced by our expertise from day one, so not only are you not the one that has to deal with any of it, there will even be less for us to deal with in the first place.
Download our “State of the Market” PDF
In our PDF guide, we outline all the essential stats that may influence your decisions about buying real estate in Georgia. From general growth and rental yields, to inflation rates, GDP and other key economic indicators which affect the overall stability and potential in the Georgian real estate market.
All the stats you need, in one place.
Real Estate Georgia: Summary
The Georgian real estate market can be daunting. Even after gaining some experience, the level of nuance can be confusing enough to cause a lot of concern and leave you unsure if you are making good decisions.
Though the final decision on what to buy always has to come down to you, our Buy-Side agents exist to give you the right context, support, and objective advice to be informed enough to feel confident at every stage of the process. Combined with comprehensive service from our real estate lawyers, we are here to make the process as safe and painless as possible. Our fee is not dependent on which property you end up buying, so we are focused on representing your interests, not the seller’s.
Free Real Estate Consultation
Considering buying property in Georgia? We offer a free 30-minute consultation.
Our consultation is an information call, not a sales call. English language consultation only.
This consultation is available to everyone – even if you have had a free legal / tax / immigration consultation with us in the past.
If you prefer to go it alone in the research and selection process, we still can assist with the essential due diligence legal work, as well as recommend our partner company Checkit.ge for your property inspections.