Property in Georgia: the numbers, the rules, and where to buy

Two cities, two markets. Tbilisi is driven by local buyers, around three quarters of transactions, by mortgages and by the policy rate. Batumi is driven by foreign buyers, over half of transactions, and by tourism. That is why the two have moved in opposite directions since 2024: Tbilisi growing, Batumi softening.

Prices are quoted on different baskets. New-build transaction prices from TBC Capital and Colliers sit far below turnkey asking prices in the centre, and portals print whatever sellers type. Always ask which basis a figure uses; we state it on every number we publish.

What the hub does, and what the brands do

This page keeps the numbers and the rules current. Searching, viewing, the appraisal and the residency file run through our property brands, listed on the right. For portfolios above $1M, for developers, lenders and funds, we introduce directly and the memo comes from us.

Rules that matter

• Residence permits: $150,000 appraised value for the property route since 1 March 2026; $300,000 for the investment route.
• Rental income: resident individuals can elect a flat 5% on gross residential rent without deductions.
• Property tax: up to 1% of market value a year for households with income above GEL 40,000.
• Foreigners can own apartments, commercial property and non-agricultural land; agricultural land is restricted.

Buying property runs through our property brands

• Property buying runs through our property brands: BatumiYield, ResidencyGeorgia, LuxuryTbilisi and BuyPropertyGeorgia.
• Portfolios above $1M, developers, lenders and funds: we introduce directly, after a memo.
• We read any pre-sale contract before you sign, at no charge for Circle members.