How to Invest in Georgian Property

Investing in Georgian property is now a popular way to earn extra income with low risk. Prices are still affordable compared to those in Europe or Turkey, but rental income is high due to the increased number of tourists and people relocating to Georgia. Apartments in Tbilisi or condos by the sea in Batumi can bring in good profits and an increase in value over time. It is easy for foreigners to buy property in Georgia, and with Werty, you can pay developers directly with crypto or send money from another country without waiting for banks.

Profitability of the Real Estate in Georgia

Georgia’s real estate market is giving good profits, and the numbers show this. In Tbilisi, the average price for new apartments went up to about $1,330 per square meter in early 2025, which is more than 11% higher than last year. In Batumi, prices also went up, reaching about $1,179 per square meter, which is a big increase for resort areas. Rental income is still high: long-term rentals in Tbilisi usually give 7–10% returns, while short-term or tourist rentals can bring 12–16%, depending on the area and type of property. More foreign money is coming in too — in 2024, Georgia got over $155 million from foreign investors just for real estate.

​These figures indicate that Georgia offers affordable entry, a solid income, and steady growth — ideal conditions for investors seeking to diversify without incurring extreme risk.

You can see how profitable a country is by how many big international companies invest there. Right now, Georgia is getting a lot of investment from many countries in Asia, Europe, and America. For example, a ready-to-move-in studio by the sea in Batumi costs about $50,000, while in Dubai, it starts at $250,000. The payback is the same, but the entry point is 5 times lower.

Elena Solovyova, Sales Department Manager at Tsurkava Property

The Benefits of Buying Real Estate in Georgia

Investors choose Georgia due to its low taxes, straightforward legal system, and foreigner-friendly property laws. The country offers a diverse range of affordable apartments, premium villas, and commercial properties. Georgia’s growing tourism industry supports strong short- and mid-term rental demand, which, paired with political stability and free-market policies, adds security.

​The real estate market in Georgia is still in its development stage, but analytics already indicate positive growth trends for the next 5–10 years, making the market attractive for investment today. Over the next 7 years, prices are expected to grow by at least 10–15% annually.

Evgenia Pereyaslavskaya, Orange Group

Can Foreigners Buy Real Estate in Georgia

Yes, foreigners can freely purchase residential and commercial real estate in Georgia. The only exception is agricultural land, which is generally available only to Georgian citizens or companies registered in the country. Foreign investors can acquire agricultural land through a Georgian company with a local partner holding more than 51% of shares. To qualify for a residence permit in Georgia through real estate, the property must meet specific value thresholds confirmed by an independent appraisal.

​For purchasing real estate worth a total of $100,000 or more, individuals can apply for a residence permit valid for 6–12 months, with the possibility of extension. However, the properties must be completed, not under construction. For investments of $300,000 or more into the country’s economy, one can apply for a residence permit for up to 5 years. Still, even if all requirements are met, there is no guarantee of obtaining residency, as the government makes the final decision.

Nikoloz Tsatava, Head of Sales at BD Realty

Best Georgian Cities to Buy Property

When choosing where to buy property in Georgia, location is just as important as price. Different cities offer different opportunities — from strong rental demand and steady price growth in the capital, to high yields from short-term rentals in popular tourist areas by the sea. Investors should consider not only the current market value but also the long-term potential, infrastructure, and lifestyle appeal of each region.

Tbilisi

As the capital, Tbilisi is the busiest property market in Georgia, attracting people who want to rent for a long time, foreigners living in Georgia, and business visitors. The most popular areas are Vake, Saburtalo, Old Town, and Krtsanisi, where more people want to live and prices keep going up.

​Population and infrastructure. Approximately 1.26 million people reside in Tbilisi (as of 2024). The city is expanding its metro system, opening new international schools, and adding large-scale residential projects, which further strengthen its position as the country’s central hub.

​Property prices. In Q1 2025, new-build apartments averaged $1,300–1,325 per square meter, while the resale market stood at approximately $1,229 per square meter. High-end properties above $1,500/m² now account for 26% of total transactions, showing a clear trend toward premium demand.

​Property types. Most people buy medium-sized apartments, between 50 and 75 square meters, which make up 44% of all sales. About 23% of sales are for new buildings, while the remaining 77% are in the secondary market.

​Rental yields. Gross yields average 7.8%, with certain districts, such as Didi Digomi, reaching 10% or more. Rental rates are typically $9.3–10.6 per square meter, with seasonal fluctuations. Prices temporarily dipped in May 2025 due to the stabilization of migration and a slowdown in demand ahead of the summer season.

Batumi

Batumi is the main destination for short-term rentals and tourism-driven property investment. Apartments located near the sea yield some of the highest returns in Georgia, particularly during the summer season when demand is at its peak.

​Population and infrastructure. The city has about 186,000 residents (as of 2025). Heavy investment continues in hotels, casinos, and airport expansion, boosting Batumi’s profile as a regional leisure and investment hub.

​Market activity. In May 2025 alone, around 1,300 apartments were sold, a 6% increase compared to the previous year — proof that demand is still growing. New properties made up 38% of sales, while 62% came from the resale market.

​Property types. The most popular choices are small studios and one-bedroom apartments between 35 and 55 square meters. Apartments with sea views and serviced residences are in particularly high demand. More than 20% of all deals in 2024 involved foreign buyers, with strong interest from Israel, Kazakhstan, Russia, and EU countries.

​Property prices. Average prices for new developments reached about $1,470 per square meter in 2024, showing an 11.4% annual increase. Resale apartments are more affordable, ranging between $1,099 and $1,150 per square meter.

​Rental yields. Average rental returns are about 7.3%, while areas like the Airport and Bagrationi districts can reach 8–9%.

Kutaisi

Kutaisi is becoming a more affordable option compared to Tbilisi and Batumi, attracting both investors and individuals who wish to reside there. The city is well-suited for buyers who want lower prices and for businesses looking for ideal locations for transportation and manufacturing.

​Population and infrastructure. With approximately 135,000 residents in 2025, Kutaisi is playing a growing economic role as the home to free industrial zones and manufacturing clusters. Infrastructure development and government-backed incentives make it a rising hub for business relocation.

​Market activity. Property transactions in 2024–2025 increased by 12%, driven mainly by new-build projects. The city is positioning itself as a business-friendly alternative for both living and investing.

​Property types. Demand is strongest for small apartments sized 30–50 m², as well as new builds that come fully finished. Commercial real estate is also gaining traction — warehouses, office spaces, and small-scale production facilities are in demand.

​Foreign investment. Kutaisi is becoming a gateway for Turkish, Chinese, and Israeli investors, particularly in the logistics and light-industrial sectors. This inflow is expected to drive further demand for both residential and commercial property.

​Property prices. Apartments in the city center start at about $500 per square meter, while new buildings cost closer to $800 per square meter.

​Rental yields. Average rental returns are about 6.7% in the city center and 5.9% in nearby areas, making it a steady but growing market for people who want to rent out property.

​These three cities in Georgia offer different but equally compelling investment opportunities:

• ​Tbilisi has stable demand, a mature rental market, and predictable returns. With more than 1.26 million residents, strong infrastructure, and average rental yields of around 7.8%, it is well-suited for long-term tenants and business travelers. Prime areas like Vake and Saburtalo deliver premium pricing and steady occupancy.

• Batumi benefits from tourism-driven demand, especially in the summer season. Coastal properties can generate yields of up to 10.6%, supported by the city’s growing airport and hospitality sector. With new-build prices around $1,427 per square meter, Batumi combines lifestyle appeal with strong seasonal returns.

• Kutaisi is a cheap place to start and has good chances for growth. Prices begin at $500 per square meter, and the city is becoming increasingly important for transportation and industry due to its special business areas. Rental returns of 6.7% in the city center make Kutaisi a good choice for early investors who want long-term value.

Banking and Mortgage Options in Georgia for Foreigners

Foreign buyers can access mortgages in Georgia, although conditions are stricter than for locals. Most banks require a down payment of 30–50%, but with a stable income and a residence permit, this can be reduced to 20–30%. Interest rates in 2025 range from 2.5% to 4.5% for reliable borrowers, especially if the loan is taken in GEL.

​The approval process typically takes 3–10 business days, but it may occasionally take 6–8 weeks, which includes verifying the property’s value, reviewing your documents, and registering the property. Having a valid residence permit makes it easier to get approved. It’s a good idea to apply to several banks, as their offers can vary. Loans with fixed rates are more predictable, while loans with changing rates can be better if interest rates go down.

​Werty can help you pay developers directly in USDT or convert funds into GEL securely. You can also send money from another country to Georgia through Werty without unnecessary delays, using USDT. Leave a request to book a free consultation with our manager and learn more about fees and the process.

Documents to Buy Property

To complete a purchase, you need:

• a valid passport,

• signed purchase agreement,

• proof of funds (bank statement, crypto transaction confirmation, or transfer receipt).

The registration process is quick and transparent, usually completed within 1–3 business days through the Public Registry.

​A copy of your passport is attached to the sales contract as an official annex. If you plan to buy property in installments, make sure your passport remains valid throughout the entire payment schedule.

Taxes for Real Estate Owners in Georgia

Georgia has some of the lowest tax rates in the region. There is no property tax for individuals unless they rent out their property. If you do, the income tax is 5%. The tax on selling property for a profit is also low, and there are no taxes on inheritance or gifts. This makes owning property for a long time very attractive.

Can I apply for a Georgian passport if I own property in Georgia?

Owning property in Georgia does not automatically grant citizenship. However, it can support your residency application. If you invest at least $100,000 in a Georgian property, you may qualify for a residence permit, and with a longer-term investment and ties to the country, you may be eligible to apply for citizenship.

​Georgia offers a rare combination of low entry prices, high rental yields, and simple regulations. Whether you buy an apartment in Tbilisi, a seaside condo in Batumi, or a villa in the mountains, the process is transparent and secure.

​Werty makes it easy to purchase property in Georgia or convert your crypto into fiat quickly, safely, and fully legally. Contact our manager to explore your options.