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Invest in Georgia

Georgian Real Estate Market

Investing in Georgian real estate is profitable

 

Georgia is the most active economic center in the region. With a liberal tax code, corruption free government,
and significant opportunities for foreign investment, it provides a highly supportive business environment.

ბიზნესისთვის ხელსაყრელმა გარემომ, ტურისტების ნაკადის ყოველწლიურმა სტაბილურმა ზრდამ საქართველო მიმზიდველ ქვეყნად აქცია როგორც საცხოვრებლად ასევე ინვესტიციისთვის.

Tbilisi Real estate

 

Tbilisi, the largest contributor of residential supply in Georgia, completed about 200 development projects in 2017, comprising 11,160 residential flats in total.

In 2017, net take-up on Tbilisi’s retail market amounted to approximately 54,000 sq m, reflecting a 35% increase as compared to the previous year.

 

In 2017, the King David BC opened in Tbilisi,Axis Towers, another prominent BC project scheduled to open by the end of 2018. While the addition of King David and Axis Towers will increase the city’s A class business centre area by 72%, Tbilisi’s totalstock will remain low as compared to major Eastern European cities.

 

Batumi Real Estate

 

Batumi was the second largest contributor of large-scale developments in Georgia. Currently, developers are working on additional 600 residential projects in total. It should be noted that
about 45% of Tbilisi’s residential construction work is being done by small-sized developers, while in Batumi large developers are doing the majority of work (64%).

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