Real Estate Investment Services

A safe, stable country open to international investment

Georgia is ranked among the world’s safest countries.

High quality of life
at a lower cost

At affordable prices, you can enjoy fresh ingredients, local wine, and high-quality dining.

Compared with Europe and Japan, the cost of living can be around one-half to one-third.

Lower property maintenance and utilities can support stronger investment returns (ROI).

Country Safety rank Personal safety
Georgia
22nd
High
Japan
11th
Very High
UAE
1st
Very High
Israel
34th
Average
Turkey
59th
Average
USA
91th
Low
France
110th
Low

Property purchases by foreigners: simple rules

Foreigners can own real estate (apartments, commercial properties, hotels, etc.) under broadly similar legal conditions to local citizens.

A passport is typically sufficient for property registration. Complex permits are generally not required.

At the Public Service Hall, ownership registration can often be completed within a few hours to one day.

With a power of attorney (POA), you can purchase and register property remotely without visiting the country.

Economic conditions and real estate market trends in Georgia

One of the highest economic growth rates in Europe and
Central Asia.

Growth is driven primarily by tourism and service sectors.

0
%
Average GDP growth
0
%
Rental income tax rate

Georgia’s GDP growth overview

Year GDP growth rate Notes
2021
10.6%
Rapid post-pandemic recovery
2022
11.0%
Sustained double-digit growth
2023
7.8%
Stable and resilient growth
2024
9.7%
Growth exceeded market expectations
2025
7.5%
Latest official forecast

Source: World Bank

Over the past five years, property values in key areas such as Tbilisi and Batumi have increased significantly, with cumulative growth exceeding 60%.

As prime development land becomes more limited, completed properties and well-located projects are expected to maintain upward price momentum.

0
%
Average annual price growth
0
%
Average rental yield (ROI) in Tbilisi

Residential Property Price Index (RPPI)

Year RPPI (2020 = 100) Year-on-year change
2021
109
+9%
2022
118
+8%
2023
132
+12%
2024
151
+15%
2025
~160
+6% (estimated)

Source:National Statistics Office of Georgia (Geostat), Residential Property Price Index (RPPI)
Galt & Taggart, Tbilisi Rental Yield Report (2025)

Comparison of real estate prices: major global cities

Tbilisi

Property type City Center Inner Districts Suburban Areas
New-build
$1,800 – $3,200+
$1,200 – $1,700
$800 – $1,100
Resale
$1,500 – $2,300
$1,000 – $1,300
$700 – $950

Source: TBC Capital / Galt & Taggart / Geostat (2025)

Tokyo

Property type Central
6 Wards
Tokyo
23 Wards
Suburban Areas
New-build
$12,000 – $17,500+
$7,400 – $10,000
$5,500 – $7,000
Resale
$8,500 – $11,000
$5,000 – $7,000
$3,500 – $5,000

Source: Real Estate Economic Institute / REINS / Tokyo Kantei (2025)

Tel Aviv

Property type City Center & Coastal Areas Northern Areas Southern & Eastern Areas
New-build
$16,000 – $25,000+
$12,000 – $16,000
$9,000 – $12,000
Resale
$13,000 – $18,000
$10,000 – $13,500
$7,500 – $9,500

Source: CBS (Israel Central Bureau of Statistics) and other sources (2025)

Real Estate Price Comparison: Major Resort Cities

Batumi

Property type Coastal & Premium Areas City Center Suburban & Developing Areas
New-build
$1,800 – $2,500+
$1,200 – $1,800
$900 – $1,400
Resale
$1,500 – $2,200
$1,000 – $1,400
$600 – $900

Source: TBC Capital / Galt & Taggart / Geostat (2025)

Antalya

Property type Coastal & Premium Areas City Center Suburban & Developing Areas
New-build
$2,500 – $3,500+
$1,500 – $2,200
$1,100 – $1,600
Resale
$1,800 – $2,800
$1,100 – $1,800
$800 – $1,300

Source: Endeksa / REIDIN / Central Bank of the Republic of Turkey (TCMB) (2025)

Dubai

Property type Prime Areas Central & Business Districts Suburban & Emerging Areas
New-build
$8,500 – $12,000+
$5,500 – $8,000
$3,500 – $5,000
Resale
$6,000 – $8,500
$4,000 – $5,500
$2,500 – $3,800

Source: Dubai Land Department (DLD) / Property Monitor / DXB Interactive (2025)

Comparison of Key Real Estate Investment Strategies

Off-plan (Pre-construction Purchase)

An investment strategy involving the purchase of property before or during construction. Properties are typically acquired at lower prices compared to completed units, allowing investors to benefit from capital appreciation upon completion. Flexible payment plans and installment options are often available, making this approach attractive for growth-oriented investors.

Managed Rental Investment

A strategy in which professional management companies handle rental operations and property maintenance. Typically applied to hotel residences and resort properties, this model allows investors to receive stable rental income (income yield) without being involved in daily operations. In areas with strong tourism demand, higher returns on investment (ROI) can be expected.

New-build & Resale Market

An investment approach focused on completed properties available for immediate occupancy or rental. Investors can assess the physical condition of the property and its surrounding environment before purchase, making this a lower-risk option. This strategy is commonly chosen in prime city centers and well-established residential areas.

Investment Strategy Return Potential Risk Level Key Characteristics
Off-plan
High
Medium to High
Purchase at pre-construction prices with potential capital appreciation upon completion.
Managed Rental Investment
Stable
Low to Medium
Professional management ensures stable rental income with minimal investor involvement.
New-build & Resale Market
Medium
Low
Immediate income potential and lower risk due to completed property inspection.

Off-Plan Investment
(Pre-Construction Purchases)

0
%
Average Annual Price Growth

Source: Geostat, NBG, Colliers, Cushman & Wakefield

0
%
Estimated Rental Yield

Sources: TBC Capital, Galt & Taggart, Geostat

0
%
Preferential Tax Rate on Residential Rental Income

An Investment Strategy Focused on Maximizing Capital Gains

This strategy leverages price appreciation during the construction phase (value uplift), aiming to realize capital gains by selling the property before completion or shortly after completion.

After completion, the property can also be switched to rental operation, providing stable rental income (income gain).

Key Advantage: A wide range of projects offering interest-free installment payment plans.

ROI of Income-Generating
Real Estate

Income-Generating Real Estate

ROI-focused properties are investment real estate assets designed to maximize returns on invested capital. In addition to rental income (income gain), they also offer potential capital gains from price appreciation, aiming for overall return optimization.

Guaranteed Yield Model (Fixed Return)

Fixed Income Based on contractual terms, a predefined level of income is secured in advance. This model is less affected by market fluctuations and allows for predictable return planning.
Occupancy-Independent Returns Income is secured based on contract terms regardless of vacancy levels or actual usage. This structure helps reduce operational risk and provides stable income visibility.

Variable Income Model

Returns fluctuate depending on occupancy levels and demand conditions. During high-demand periods, such as peak tourist seasons, returns may exceed those of fixed-yield models.

Completed Property Market (Secondary Market)

Purchase for Residential Use

For relocation and lifestyle purposes
Ideal for relocation to Georgia or use as an overseas residence or second home.
Completed properties with immediate occupancy
As the property is already completed, buyers can move in immediately with no waiting period after purchase.

Purchase for Rental Investment

Ready-to-rent completed properties
Completed properties can be listed on the rental market immediately after purchase, enabling fast income generation..
Stable and recurring monthly income
Monthly rental income (income gain) provides a stable and predictable long-term cash flow.

Change to: Income Generating Real Estate Examples

250,000$

Property Type Hotel managed model
Yield type
Guaranteed annual yield (15 year term): 10%
Property Name
Central Park Towers, Tbilisi

⁓95,000$

Property Type Resort style hotel operated residence
Yield Categories
Estimated yield: 12%
Property Name
Silk Towers by Kengo Kuma, Batumi

~124,000$

Property Type Resort style hotel operated residence
Yield Categories
Estimated yield: 10.6%
Property Name
VR Shekvetili Forest & Beach, By Paragraph

Terra Georgia Fees and Service Structure

Basic Plan

Fee: 3% of the property purchase price
Success-based commission

Included Services

Property selection & consulting
Property viewings (online / in person)
Client-side price negotiation
Legal due diligence
Full transaction support

Remote Purchase Option

Additional fee: +3%
All transaction-related local expenses included

Required Documents

Copy of passport
Power of Attorney (POA)
Draft prepared by us.
Notarization and apostille required in the client’s country

Final Deliverables

Full transfer of property ownership
Official ownership verification via public registry extract

Why Investors Choose
Terra Georgia

Proven Experience with Japanese & Global Clients

In-Depth Knowledge of the Georgian Market

End-to-End Investment Support

Fully Transparent Transactions

Trusted Long-Term Partner

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