1. Affordable Prices Compared to Europe
The cost of real estate in Georgia remains significantly lower than in most European countries, making it an ideal market for investors and expats. For example:
Tbilisi: Luxury apartments start at $1,500–$3,000 per sqm in prime districts like Vake and Saburtalo.
Batumi: Beachfront properties range from $1,200–$2,500 per sqm, with high demand for short-term rentals.
Compared to cities like Dubai, Istanbul, or Barcelona, Georgia offers better value for money with lower taxes and fewer restrictions for foreign buyers.
2. High Rental Yields & Tourism Growth
With over 9 million tourists in 2023, Georgia’s short-term rental market is thriving. Key areas like Old Tbilisi and Batumi’s coastline generate 6–10% annual rental returns, making them perfect for passive income.
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3. Simple Buying Process for Foreigners
Unlike many countries, Georgia imposes no restrictions on foreign property ownership (except agricultural land). The process is straightforward:
✔ No residency requirement
✔ Low transaction fees (around 1-2%)
✔ Fast registration (1-2 weeks)
This ease of purchase makes Georgia a top choice for international investors.
4. Tax Benefits & Golden Visa Program
Georgia offers one of the most investor-friendly tax systems:
0% tax on worldwide income for residents
0% property tax for homes under $500,000
Golden Visa through a $300,000+ real estate investment, granting residency and visa-free travel to Europe.
5. Growing Market with High Appreciation Potential
The real estate prices in Georgia have been steadily increasing, with Tbilisi and Batumi leading the growth. Experts predict a 5–8% annual price rise, making now the best time to invest before prices climb further.
Ready to Buy Your Dream Property in Georgia?
At Residence Estate, we specialize in helping international clients find the best real estate deals in Georgia. From luxury penthouses to lucrative investment properties, our experts guide you through every step.
? Contact us today for a personalized consultation!
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