"I'm not looking for one apartment. I'm looking for an opportunity."

Strategic Real Estate Opportunities in Georgia

For developers, family offices, hospitality groups and portfolio investors: we identify, evaluate and execute larger-scale opportunities — success-based, by mandate, with the same data discipline as everything on this platform.

5.52M
Record tourist arrivals 2025 — the hospitality fundamentals (GNTA)
78,500
National apartment transactions 2025 — depth for portfolio exits (NAPR/TBC)
7.5%
Real GDP growth 2025 — among the region's fastest (IMF)
$0
Retainers for sourcing — we're compensated on completed transactions
Section 01 — Who We Work With

Capital at Scale, Four Profiles

Private investors

$500k–$5M capital · portfolio growth, development participation, income-producing assets

Developers

Land acquisition · joint ventures · market analysis and sales strategy for foreign-buyer demand

Hospitality groups

Hotels, aparthotels, serviced apartments, resort and tourism assets

Corporate & family offices

Office buildings, employee housing, commercial property, diversification mandates

Section 02 — Asset Classes

Four Ways to Deploy at Scale

01 · Residential development

Land, buildings, new development

Worked shape2,000 m² land → ~80 units
Timeline≈24 months
StrategySell units + retain rentals
Analysis chainAcquisition → build cost → revenue → IRR

Worked example of mandate shape, not current inventory. Demand context: Tbilisi absorbed 42,388 apartment sales in 2025; supply permits declined −4.2% (TAS) — a constructive backdrop for well-located product.

02 · Hospitality

Hotels, aparthotels, serviced apartments

Worked underwriting50 rooms · $80 ADR · 70% occ.
Room revenue≈$1.02M/yr
The fundamentals5.52M arrivals 2025 — record
Underwriting includesADR/occupancy comps · opex · NOI · exit

Tourism spending reached GEL 14.3B in 2024 (Geostat); EU/UK arrivals +14% in 2025. Seasonality modeled honestly — see our hospitality methodology on the Opportunities page.

03 · Income-producing buildings

Apartment blocks, commercial, mixed-use

What we presentPrice · current income · occupancy · cap rate
Worked shape20 units · $2.5M all-in · 12% gross target
Post-acquisitionTbilisi Home operates the asset

Bulk pricing below unit-by-unit market value is the margin; verified rent rolls are the diligence. Consistent with the value-add building example on our Opportunities page.

04 · Land development

Zoned land with development rights

Dossier includesZoning · rights · infrastructure · utilities · access
Worked shape5,000 m², villas for high-end buyers
ReferenceKojori resort-zone asset in current inventory

Land mandates carry the highest variability — every dossier verified at NAPR and city planning before presentation.

Section 03 — The Process

Five Phases, Structured Like Capital Expects

1

Mandate

Budget, target returns, asset class, timeline — in writing

2

Research

Demand analysis, comparables, pricing, risk assessment

3

Sourcing

Off-market assets, developer and distressed opportunities

4

Diligence

Legal, financial and technical review with licensed partners

5

Execution

Negotiation, acquisition, then development or operations

Section 04 — The Deliverable

Every Opportunity Arrives as an Investment Memorandum

Investment Memorandum

STRUCTURE · prepared per opportunity, under mandate
  • Executive summary — the opportunity in one page
  • Market analysis — demand drivers, comparables, sourced data
  • Financial model — acquisition, development costs, revenue assumptions, opex, exit projections
  • Risk analysis — market, construction, regulatory, demand — quantified where possible, never omitted
  • Execution plan — who does what, when, and what it costs
Same data discipline as our public platform — every figure sourced and dated.

Joint venture structures

Capital partner

You provide capital; local partners provide execution — sourcing, development management, operations.

Development partner

Your capital + a vetted developer's construction expertise, with Tbilisi Home structuring and monitoring the venture.

Operating partner

You own the asset; Tbilisi Home operates the rental business — the institutional version of our management service.

Section 05 — Why Tbilisi Home

Honest About Our Size. Serious About Our Ground Game.

Local market intelligence

District pricing, tenant demand and buyer behavior — published quarterly with methodology on our Intelligence Center. We put our data in public; most sourcing partners won't.

Full lifecycle execution

Sourcing → acquisition → renovation → leasing → management, under one accountable roof, with licensed legal/tax/technical partners for diligence at scale.

The foreign-investor lens

Georgian + American leadership. We know what international capital needs on communication, transparency, remote ownership and reporting — because that's our entire retail business.

A candid note: we are a focused team, not a global advisory firm — our largest closed transaction to date is $400,000, and our institutional practice is built mandate by mandate. What you get in exchange: principals on your deal (not juniors), success-based economics, and a partner whose public platform shows exactly how it thinks. Large-deal case studies will appear here as mandates complete — written with the same honesty as everything else on this site.

Section 06 — Start a Mandate

Submit Your Investment Criteria

Not "contact us" — tell us what you're deploying and what it needs to return. We respond within two business days with an honest read on whether Georgia fits your mandate, and what we'd propose.

Handled by principals under confidentiality. Success-based economics — no retainers for sourcing.

The Tbilisi Home Investor Platform

Research

Why Invest in Tbilisi Market Intelligence & Scores Investor Resources & Guide Strategy Blueprints & Case Studies

Invest

Investment Opportunities ROI Calculator Ownership Costs Exit Strategy Institutional & Development

Own & Live

Property Management Investor Portal Residency Through Investment Concierge & Relocation

Belong

Investor Consultation Investor Network Membership & Services The Tbilisi Investor Brief
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