Georgia

Black Sea nation offering foreign buyers full freehold rights equal to citizens and property-linked residency thresholds from USD 100,000.

3
Districts
17
Off-plan projects

Areas in Georgia

Areas (3)

By Popularity
  • By Popularity
  • By Name
  • Price: High to Low
  • Price: Low to High

Area Overview

Description

Apartments, villas, and resort property in Tbilisi, Batumi, and across Georgia’s coastal and mountain regions – with full foreign ownership rights and one of the lowest entry costs in the region.

Georgia is located between Europe and Asia, along the Black Sea, and borders Turkey, Armenia, Azerbaijan, and Russia. Its capital, Tbilisi, has around 1.26 million people and a growing international profile, with a strong expat community and an emerging tech sector.

The country has one of the most open property markets globally. Foreign buyers can purchase, own, and sell real estate without restrictions, permits, or minimum investment. Ownership is recorded in a blockchain-based registry that can be verified online, offering a high level of transparency.

In 2024, Georgia’s residential real estate market reached $4.3 billion, growing 8.6% year on year for the fifth consecutive year. Tbilisi accounts for about 72% of transactions, with Batumi contributing around 20%. The market is supported by steady foreign demand, a growing local buyer base, and major international investment – including a $6 billion project by Emaar Group near Batumi, announced in January 2025.

All residential property in Georgia is available to foreign buyers on a freehold basis.

Price Analysis

Georgia: property prices and market data

Georgia is an entry-level, high-yield residential market. In 2025 the average new-build price was $1,312 per sqm in Tbilisi and $1,395 per sqm in Batumi (TBC Capital), against entry prices of $3,500-6,000 per sqm in Dubai.

$4.3B Residential market size, 2024
$1,312 Tbilisi average new-build price per sqm, 2025
$1,395 Batumi average new-build price per sqm, 2025
7-8% Typical gross rental yield

Tbilisi: price by district

District Price per sqm (USD) Notes
Mtatsminda 2,100-2,500
Vake 1,700-2,100
Saburtalo 1,000-1,580
Old Tbilisi / Chughureti 1,000-1,500 +28.3% YoY in Q1 2025
Didi Digomi 650-1,000
City average 1,312 +4.1% YoY, 2025

Batumi: price by zone

Zone Price per sqm (USD)
Seafront / Boulevard 1,800-2,800
300-800 m from the sea 1,200-1,800
Gonio 1,000-1,600
Inland 700-1,100
City average 1,395 (+16.5% YoY, 2025)

Georgia vs Dubai

Entry prices in Georgia are a fraction of Dubai levels, with a higher gross yield and no transfer tax.

Metric Georgia Dubai
Entry price per sqm $650-1,400 $3,500-6,000
Gross yield 7-8% 5-7%
Price growth 4-16% ~8%
Transfer tax 0% 4% DLD
Rental income tax 5% flat 0%
Annual property tax 0-1% 0%

Buying costs and taxes

Item Amount
Registration at NAPR 50-200 GEL (~$18-75), 1-4 business days
Notary and legal $200-500
Agent commission Typically 3-5%
Total transaction costs ~3-5%
Capital gains after 2 years 0%
Capital gains under 2 years 5-20%
Inheritance tax 0%

Other markets

Mountain resorts and Kutaisi sit below the two main city markets.

$700-1,400 Mountain resorts, price per sqm
From $500 Kutaisi, price per sqm

Developers in Georgia

Regional-Focus Mass-Housing Affordable
ARCHI
Tbilisi, Georgia

ARCHI appears to be associated with a large developer of the same name based in Georgia that has signalled entry into the Dubai market. We could not verify an established, standalone Dubai developer named ARCHI with a confirmed founding year and delivered UAE projects.

5+ Off-plan now
2006 Founded
Chat with us on WhatsApp
Luxury Waterfront
Eagle Hills
Abu Dhabi, UAE

Eagle Hills is an Abu Dhabi-based private developer founded in 2014 by Mohamed Alabbar, focused on large-scale mixed-use waterfront destinations across emerging markets - including Belgrade Waterfront in Serbia, Maryam Island in Sharjah and projects in Georgia, Jordan and beyond.

5+ Off-plan now
2014 Founded
Chat with us on WhatsApp

FAQ

  • Can foreigners buy property in Georgia?

    Yes, with no restrictions. Foreign nationals can purchase, own, and sell property in Georgia on the same terms as Georgian citizens. No special permits, no minimum purchase requirement, no restrictions by nationality or property type. Ownership is registered at the National Agency of Public Registry (NAPR) using a blockchain-based system verifiable online by anyone for 1 GEL.

  • How much does property cost in Georgia?

    In 2025, the average price of new apartments in Tbilisi reached $1,312 per sqm and $1,395 per sqm in Batumi (TBC Capital). Premium districts in both cities range from $1,700 to $2,800 per sqm. Compared to Dubai, where mid-tier apartments start at $3,500-5,000 per sqm, Georgia offers significantly lower entry prices with comparable or higher gross rental yields.

  • What rental yields can I expect in Georgia?

    Gross rental yields in Tbilisi averaged 7.78% in Q1 2025, with districts like Didi Digomi reaching 10%+ (Global Property Guide). Batumi's city average was 7.28%, with seafront properties generating 15-25% on short-term lets during peak summer season. Long-term lets in Batumi yield 4-6% annually due to seasonality - factor this in if year-round income is a priority.

  • What taxes do property owners pay in Georgia?

    Rental income is taxed at 5% flat when registered on the landlord registry. Capital gains are 0% after a 2-year holding period. There is no property transfer tax, no inheritance tax, and no stamp duty. Annual property tax ranges from 0% to 1% depending on property value and location. Georgia's territorial tax system means income earned outside Georgia is not taxed there. Full rates are published by the Georgian Revenue Service.

  • Can I get residency in Georgia by buying property?

    Yes. Georgia's Investment Residence Permit is available to buyers who purchase property worth the GEL equivalent of $150,000 USD or more (as of March 1, 2026). This grants a 1-year renewable permit. A $300,000 investment qualifies for a 5-year permit, convertible to permanent residency. Spouse and dependent children are included at no additional investment.

  • What are the costs of buying property in Georgia?

    There is no transfer tax and no stamp duty. Legal and notary fees typically run $200-500. Property registration at NAPR costs 50-200 GEL and completes within 1-4 business days. Total transaction costs including agent typically run 3-5%, compared to 6-8% in Dubai (DLD fee plus agent).

  • Is Batumi or Tbilisi better for investment?

    It depends on your strategy. Tbilisi offers year-round rental demand from professionals, students, and a growing expat community - more consistent income and stronger long-term yield data. Batumi offers higher peak-season returns on short-term lets and Black Sea coastal appeal. Both cities have seen 10-16% annual price growth over 2023-2025.

  • Can I get a mortgage in Georgia as a foreign buyer?

    Yes. TBC Bank and Bank of Georgia both offer mortgages to foreign nationals, though conditions are stricter than for Georgian residents. Typically you will need a 30-50% down payment, proof of foreign income, and a bank-ordered property valuation. Interest rates in 2025 ranged from around 2.5% to 4.5% for reliable borrowers taking GEL-denominated loans. Most international buyers purchasing off-plan use developer instalment plans rather than bank mortgages, as they are simpler to arrange without local credit history.

  • How do off-plan payment plans work in Georgia?

    Off-plan purchases in Georgia follow a similar structure to Dubai - a down payment at reservation (typically 20-30%) with the balance paid in instalments linked to construction milestones or spread over the build period. Payment timelines are generally 2-5 years, shorter than Dubai's standard 7-10 year plans. Most developers offer 0% interest on instalments during construction. Payments are typically made in USD or GEL. The preliminary agreement is registered at NAPR, which provides legal protection for the buyer during the construction period.

  • Can I manage my Georgia property remotely?

    Yes, and it is common practice. Property management companies operate across Tbilisi and Batumi, handling tenant sourcing, rent collection, maintenance, and short-let platform management (Airbnb, Booking.com). Management fees typically run 10-20% of rental income for long-term lets and 20-25% for short-term management including cleaning and guest communication. NAPR ownership registration and most banking can be handled remotely or via a power of attorney, so physical visits are not required after the initial purchase.

  • Can I sell my Georgia property before construction is complete?

    Yes. There is no minimum holding period in Georgia and no restriction on selling off-plan units before handover. Assignment of preliminary agreements is permitted and is a common exit route in Tbilisi and Batumi. The buyer takes over your payment obligations and the NAPR registration is transferred. Some developers require a no-objection letter for assignment - check contract terms before purchase if early resale is part of your strategy. Capital gains are 0% if the property is held for more than 2 years; below 2 years, gains are taxable depending on your personal tax status.

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