investments – GEORGIA

Georgia – Investment Pearl of the Caucasus

LUXURY REAL ESTATE – SEASIDE APARTMENTS AND MOUNTAIN RESIDENCES IN A COUNTRY WITH HIGH GROWTH DYNAMICS

HIGH RETURNS
AND LOW TAXES

Georgia offers a high ROI in with relatively low property taxes. Liberal law and a friendly business climate create the perfect space for capital to grow.

BATUMI, TIBILISI –
diversity of possibilities

Choice between apartments with sea views, lofts in bustling Tbilisi or mountain properties in ski resorts on the rise.

Growing market
with enormous potential

The tourism boom (nearly 10 million tourists per year), the development of ski and coastal infrastructure and international investments create a market with high growth dynamics.

AVERAGE ANNUAL RATE
RENTAL RETURN
AVERAGE HEIGHT
PROPERTY VALUES
INCREASE IN THE NUMBER OF
APARTMENTS SOLD
AVERAGE ANNUAL RATE
RENTAL RETURN
AVERAGE HEIGHT
PROPERTY VALUES
INCREASE IN THE NUMBER OF
APARTMENTS SOLD
Tbilisi Georgia city panorama - cable car over the Kura River, Metekhi Bridge and the old town with traditional balconies, the Caucasus Mountains in the background

Real Estate in Georgia – What attracts Investors?

Find out why Georgia has become such a popular destination and is considered an investment paradise

If you are looking for complete guides on buying real estate in Georgia as well as valuable market information, check out our blog!

CHECK OUT THE BLOG ARTICLES
Ananuri Georgia Fortress on the Zhinvali Reservoir - a medieval church with brick towers on the Georgian Military Road, the Caucasus Mountains and a turquoise lake

Year-round potential
investment

The unique combination of sea and mountains creates 12-month tourist season. In summer beaches Black Sea, in winter ski resorts Bakuriani and Gudauri. Apartments generate revenue all year round – no dead seasons typical of other destinations.

Batumi Georgia fishing boat with Georgian crosses on the rocky Black Sea beach - sunset over the coast, traditional boat with national symbols of Georgia

Batumi – the heart of tourism over
Black Sea

Winner of the World Travel Awards 2024 as “Europe's best year-round destination”, Top 5 tourist destinations according to European Best Destinations. The city combines luxurious architecture with the natural beauty of the mountains and sea, attracting many tourists.

Tbilisi Mosque Georgia - Islamic architecture with turquoise mosaic and arabesques, green dome minaret, Persian decorative art in the Caucasus

Tbilisi – bustling with life
the capital of opportunity

The financial and cultural center of the Caucasus, which connects historic districts and charming buildings with futuristic architecture. Stable tourist traffic and an influx of international companies create an ideal investment climate.

Tbilisi city panorama with the Holy Trinity Cathedral Tsminda Sameba - the golden dome dominates the capital of Georgia, the presidential palace and the modern center with the Caucasus Mountains

Strategic location
between continents

Georgia is bridge between Europe and Asia, a key transport hub on the New Silk Road. Free trade agreements with the EU and China and the growing role of the region as a technology hub guarantee long-term development.

Tbilisi TV Tower on Mtatsminda Mountain - bird's eye view of the Georgian capital, red and white telecommunications tower and cable car over the Caucasus city

Favorable system
tax

Georgia offers one of the friendlier tax systems for investors in Europe. Transparent rules, low rates and pro-investment government policies make more and more people invest their capital there.

Tbilisi from a bird's eye view panorama of the city expansion - new housing estates Georgia, villa districts on the hills and blocks in the valley, urban expansion of the capital

Double-digit value growth
year to year

Average increase in property prices by 10-15% per year. Properties bought during the construction phase until the building is completed even gain 80-100% return in 3-4 years. In Q1 2025, prices in Batumi increased by 14.4%.

Year-round potential
investment

Ananuri Georgia Fortress on the Zhinvali Reservoir - a medieval church with brick towers on the Georgian Military Road, the Caucasus Mountains and a turquoise lake

The unique combination of sea and mountains creates 12-month tourist season. In summer beaches Black Sea, in winter ski resorts Bakuriani and Gudauri. Apartments generate revenue all year round – no dead seasons typical of other destinations.

Batumi – the heart of tourism over
Black Sea

Batumi Georgia fishing boat with Georgian crosses on the rocky Black Sea beach - sunset over the coast, traditional boat with national symbols of Georgia

Winner of the World Travel Awards 2024 as “Europe's best year-round destination”, Top 5 tourist destinations according to European Best Destinations. The city combines luxurious architecture with the natural beauty of the mountains and sea, attracting many tourists.

Tbilisi – bustling with life
the capital of opportunity

Tbilisi Mosque Georgia - Islamic architecture with turquoise mosaic and arabesques, green dome minaret, Persian decorative art in the Caucasus

The financial and cultural center of the Caucasus, which connects historic districts and charming buildings with futuristic architecture. Stable tourist traffic and an influx of international companies create an ideal investment climate.

Strategic location
between continents

Tbilisi city panorama with the Holy Trinity Cathedral Tsminda Sameba - the golden dome dominates the capital of Georgia, the presidential palace and the modern center with the Caucasus Mountains

Georgia is bridge between Europe and Asia, a key transport hub on the New Silk Road. Free trade agreements with the EU and China and the growing role of the region as a technology hub guarantee long-term development.

Favorable system
tax

Tbilisi TV Tower on Mtatsminda Mountain - bird's eye view of the Georgian capital, red and white telecommunications tower and cable car over the Caucasus city

Georgia offers one of the friendlier tax systems for investors in Europe. Transparent rules, low rates and pro-investment government policies make more and more people invest their capital there.

Double-digit value growth
year to year

Tbilisi from a bird's eye view panorama of the city expansion - new housing estates Georgia, villa districts on the hills and blocks in the valley, urban expansion of the capital

Average increase in property prices by 10-15% per year. Properties bought during the construction phase until the building is completed even gain 80-100% return in 3-4 years. In Q1 2025, prices in Batumi increased by 14.4%.

investments – GEORGIA

Our offers

Our portfolio includes attractive apartments by the sea or with mountain views, but also in unique ministries with full infrastructure. We offer a wide range of locations – from quieter and more intimate neighborhoods to city center developments – depending on your purchasing strategy.
Real estate in Georgia - apartments to buy Georgia in an apartment building with a pool
Contact us to find out about the available properties selected especially for you.
Contact us
Make an appointment online

Learn more about foreign markets and investment opportunities in our newsletter!

Apartment from developer Georgia - bedroom in new apartment | Apartment building Tbilisi
Office, private office in developer's apartment Georgia | apartment from developer in Tbilisi
investments – GEORGIA

Our offers

Our portfolio includes attractive apartments by the sea or with mountain views, but also in unique ministries with full infrastructure. We offer a wide range of locations – from quieter and more intimate neighborhoods to city center developments – depending on your purchasing strategy.
Real estate in Georgia - apartments to buy Georgia in an apartment building with a pool
Contact us to find out about the available properties selected especially for you.
Contact usMake an appointment online
Office, private office in developer's apartment Georgia | apartment from developer in Tbilisi

Learn more about foreign markets and investment opportunities in our newsletter!

Apartment from developer Georgia - bedroom in new apartment | Apartment building Tbilisi

basic information about GEORGIA

I Introduction to the region and basic information

Georgia offers a unique combination high returns on investments (8-12% per year), liberal economic law and simple administrative procedures. The country is developing dynamically (6% GDP growth per year), attracts tourists from all over the world (nearly 10 million per year) and offers the opportunity to buy real estate without restrictions for foreigners. Additionally, the cultural proximity and hospitality of Georgians make Poles feel comfortable here.

The most popular are Batumi (a seaside resort with growing tourist traffic), Tbilisi (capital with a stable long-term and business rental market). Each region has its own specificities: Batumi is ideal for short-term rentals, Tbilisi for rentals for students and expats. Prospective are also the area around ski resorts, e.g. Bakuriani and Gudauri, because they generate particularly high revenues in the winter season.

Georgia has association agreement with the EU, free trade area and seeks membership in NATO and the EU. The economy is growing steadily, inflation is controlled, and the Georgian lari maintains relative stability. The Government actively supports foreign investment through simplified procedures and friendly legislation.

II Logistics and practical aspects of travel

You can fly from Poland to Georgia direct flights in approximately 3.5 hours. Citizens of European Union countries, including Poland, can travel to Georgia without the need for a visa, making the country exceptionally accessible to both tourists and those planning a longer stay. You can get around the country by taxi (like Bolt) or rental car. Comfortable trains and buses run between cities.

Yes, most of the processes related to purchasing and managing real estate in Georgia can be carried out remotely. The country has well-developed digitalisation of public services, and after purchase, it is possible to grant power of attorney to a local management company or run the rental through platforms such as Airbnb or Booking. Bank transfers, tax payments and most administrative formalities can be handled online. For comfort and investment control, however, it is worth visiting the property 1-2 times a year.

The official currency of Georgia is Georgian lari (GEL) and it is with them that most of the daily payments on site are made.
At the same time, it should be remembered that real estate prices in Georgia are most often quoted in US dollars (USD). This applies to both sales offers and agreements with developers.
For everyday expenses it is worth having a small amount of cash in lari, while for real estate transactions the key reference currency remains US dollar.

Batumi and Tbilisi offer European standard of living modern shopping centers, international restaurant chains, extensive infrastructure. The Internet is fast and cheap (fiber is widely available). Private health service at a high level, prices of services often much lower than in Poland. English language skills are increasing, especially among young people.

III. Formal aspects of purchasing real estate

For buying real estate in Georgia the foreigner only needs a valid passport and a Georgian tax number (TIN). The transaction is finalized in State Administrative Service Centre, where a contract is signed and at the same time made registration of ownership rights in the electronic real estate register.
The entire process can be carried out personally or by proxy. The procedure is quick, transparent and foreigner-friendly.

The legal status is checked in electronic register, which is fully transparent and available online. The listing contains a complete history of the property, encumbrance, and owners. It is also recommended to check utility debts and possible land development plans.

Foreigners are free to buy apartments and condos without any restrictions. In the case of agricultural land, there is a ban on sales to foreigners (they can be purchased through a Georgian company). Urban development land and recreational plots are available to foreigners without restrictions. It is always worth checking the legal status of the land before purchasing.

 Buying real estate in Georgia is relatively simple and consists of several key steps:
1. Property selection  based on location preferences, standard and budget
2. Verification of the legal status of the property  before signing the contract it is worth checking it. It may be helpful to go to a lawyer for this purpose.
3. Negotiation and conclusion of the agreement – after selecting the property, the price and transaction terms are negotiated. A preliminary agreement is signed which, after registration with the office, provides the buyer with a legally protected “future ownership right”.
4. Signing of the main contract and finalization of the purchase  the notary verifies the identity of the parties, authenticates signatures and ensures the legality of the transaction, and then registers it in the state real estate register.

IV Financial aspects of investment

In Georgia property tax depends on the owner's income and is calculated on the cadastral value – it is a maximum of 1% of the property value. There is, on the other hand, the possibility of exemption or reduction. At renting real estate, the owner is bound 5% tax from profits. In addition, include should fees for basic media, such as: electricity – approx. $0.06 per kWh, water – average $0.18 per m³, or garbage – up to $3.60 depending on location.

The ROI from long-term rental is 7-9% per year in Tbilisi and 8-9% in Batumi for short-term rentals, although in the summer season it can reach up to 12%. Annual price increase on the secondary market is 10-15%. The highest returns are generated by small apartments (35-50 m²) in tourist locations.

 Georgian banks offer mortgages for foreigners. Own contribution is a minimum of 30%, up to 15 years. An alternative is interest-free installments from developers  Most construction companies in Georgia offer in-house interest-free plans for 3-5 years, usually with a 20-30% down payment at the start. The terms are much simpler than a bank loan.

V Professional support and additional services

Although Georgian law is friendly and procedures are simple, we recommend support of a local lawyer. Additionally, the agent will assist in negotiations, document verification and communication with the developer. The cost of a lawyer is approximately $500-$1,500. IN Velora Estate we work with trusted partners in Georgia.

Management companies offer comprehensive service: marketing, check-in/out, cleaning, minor repairs, billing. The cost is usually 20-25% of short-term rental income. You can also manage the property yourself through online platforms, but this requires much more involvement.

Yes, we support customers even after purchase. We help you find a management company, tax advice, and possible resale. Our partners in Georgia are available in case of technical or legal problems. We also organize trips for property owners so they can see investments with their own eyes and learn about the local market.

Our locations

  • Tbilisi cable car over the Kura River - view of the old city of Georgia with the Metechi Bridge, Cminda Sameba in the background, gondola cabins connecting the hills of the capital
    TBILISI
  • The modern Batumi Tower in Batumi, Georgia – futuristic architecture and sunset city skyline
    BATUMI