Three investor strategies, worked end to end with the same math we publish everywhere else — anchored to rents we actually collect and transactions we actually closed. As client journeys complete, they replace these blueprints as full case studies.
"Generate monthly rental income." Buy at or below district-average price → furnish well → rent long-term → collect monthly. Blueprint 01.
"Build wealth over 5–10 years." Premium location → quality asset → patient hold → benefit from scarcity. Blueprint 02.
"Own property and establish a connection with Georgia." A $150,000+ qualifying purchase → renewable residence permit for the family → income while you decide. Runs through either blueprint.
The investor: international private buyer, ~$150k budget, wants stable income with zero local involvement — the property must work while they live abroad.
The strategy: a 2-bedroom near Saburtalo's metro and university corridor, bought near the district average, furnished to international-tenant standard, managed under our 8% full-management service.
Net: 95% occupancy, 8% management, 5% rental tax, maintenance reserve. Same engine as the calculator — run this exact scenario yourself.
The investor: $400k+ budget, thinks in decades not months. Yield matters less than owning a scarce, resellable asset with the best tenant pool in the city.
The strategy: high-floor quality stock in Vake — embassy district, international schools, executive tenants. Vake apartments appreciated +7.8% in the year to Q4 2025 (Geostat) while holding the city's deepest resale market.
Why it works: limited central supply · strong foreign demand · premium resale depth · $150k+ purchases carry residence-permit eligibility.
The investor: comfortable with a 3–6 month project in exchange for built-in equity. The Tbilisi edge: renovation costs a fraction of what the market pays for renovated product.
The strategy: older central apartment bought below district average → full renovation at 2026 contractor rates ($150–330/m²) → furnished → re-rented and revalued as modern stock.
Equity creation ≈$20–35k is a scenario, not a promise — it depends on buying below average and controlling the renovation. Both are precisely the work we manage.
The numeric anatomy of a value-add project. Photo documentation from our next completed renovation will live here — we'd rather show you real walls than stock images.
Bulk acquisitions typically price below unit-by-unit market value — the discount is the margin. Sourcing runs through owner-direct channels and developer relationships; see large-investor mandates.
We publish only real, attributed, specific quotes — collected with permission from clients we actually serve. No "great service!" filler. First quotes are being gathered now.
Sophisticated investors don't trust a market with no downside. Tbilisi has real risks — knowing them is how you price a deal correctly.
Prices rose citywide in 2025, but asking rents fell ~11% the same year (TBC Capital) as supply caught up post-2022. Yields compress when rent softens — our underwriting uses current rents, not peak-year rents.
No property is occupied forever. We model 95% occupancy (≈18 vacant days/year) as standard, and our management fee is charged only on collected rent — vacancy costs us too.
Property trades in USD but tenants often pay in GEL. The lari has been broadly stable in recent years, but currency movement affects converted returns — leases can be USD-denominated to reduce exposure.
Older stock needs a real reserve — we budget 1–1.5% of property value annually and show it in every projection. A calculator that ignores maintenance is lying to you.
Rules move: the residency-by-investment threshold rose from $100k to $150k in March 2026. We track changes and update this platform's published figures — check dates on every number.
Identify opportunities, analyze risks honestly, and build strategies aligned with each investor's goals — then operate the asset so the plan survives contact with reality.