7.5% real GDP growth in 2025 — among the fastest in the wider European region

Invest in One of Europe's Fastest‑Growing Emerging Real Estate Markets

Access income-producing property, strong rental demand, a 5% rental tax regime and same-week ownership registration in Georgia's capital. Tbilisi Home helps international investors acquire, manage and optimize residential real estate — end to end.

7.53%
Gross rental yield, Tbilisi average — Global Property Guide, Feb 2026
$1,733
Avg. price/m², new-build Tbilisi — Geostat, Q1 2026
42,388
Tbilisi apartment sales in 2025 (+4.3% YoY) — Galt & Taggart
5.52Mrecord
International tourist arrivals, 2025 — GNTA
5%
Tax on gross residential rental income (registered individuals)
Section 01 — Market Opportunity

A Growing Market With International Demand

Investors want evidence, not adjectives. Three demand engines drive Tbilisi's rental market — a fast-growing economy, record tourism, and a rising international resident base.

Real GDP growth, Georgia
Annual % change · 2026 is a World Bank forecast
Sources: Geostat; IMF / World Bank (2025 actual, 2026F)
International tourist arrivals, Georgia
Overnight visitors, millions · 2025 is an all-time record
Sources: Geostat / Georgian National Tourism Administration

Economic center of gravity

Georgia averaged roughly 9% annual growth from 2021–2025, and Tbilisi is where that growth concentrates — head offices, banking, tech and the country's deepest employment market. Business relocation and foreign investment convert directly into housing demand.

Who rents your apartment?

Tourism (a record 5.52M arrivals in 2025) powers short-term rental demand. But the long-term market stands on its own: expats, international employees, students and relocating families. Two independent demand pools — you are not dependent on Airbnb.

A rising international base

EU & UK visits grew 14% in 2025; international buyers took roughly a quarter of Tbilisi primary-market sales in 2026 (Galt & Taggart). Foreign residents overwhelmingly prefer professionally managed, fully furnished apartments in central districts — exactly the product Tbilisi Home operates.

Section 02 — Why Georgia

A Foreign Investor–Friendly Framework

Specific rules, not vague promises. This is the regulatory environment an international buyer actually operates in.

FactorGeorgia
Foreign ownershipFreehold ownership of apartments, houses and commercial property — same rights as citizens. Only agricultural land is restricted.
Purchase processVisa / residency requirementNone required to buy. Remote purchase by power of attorney is standard practice.
Property registrationNational Agency of Public Registry — typically 1–4 business days, fees from ~$20. No notary chain, no months-long conveyancing.
Rental income tax5% on gross residential rental income for registered individual landlords (vs. 20% standard rate).
Capital gains on sale0% after 2+ years of ownership; 5% if sold within 2 years (individuals).
Inheritance & gift taxNone between close family members (I–II line relatives).
Annual property tax0–1% of market value, scaled to household income — exempt below GEL 40,000 household income.
Residency optionUpdated March 1, 2026Real estate of $150,000+ qualifies for a renewable 1-year residence permit, spouse and children included. (Threshold raised from $100k for applications after March 1, 2026.)
Legal review pending. Rules above reflect published Georgian legislation and reputable counsel publications as of August 2026. Final wording to be verified with our legal partners before publication.
Section 03 — Low Barrier to Entry

Capital-City Real Estate at an Accessible Entry Point

Tbilisi is not "cheap real estate" — it is an emerging European capital where meaningful, income-producing assets are still accessible at entry prices most European capitals left behind a decade ago.

Average residential price per m² — European capitals
EUR per m², city averages · July 2026
Sources: Global Property Guide (July 2026); Tbilisi: Geostat new-build average, Q1 2026 (USD 1,733 ≈ EUR 1,600)
$100,000 – 150,000
Cash-flow focused
  • Studio / 1-bedroom apartments
  • Student & young-professional rentals
  • Saburtalo, Chughureti, Dighomi
Core investor range
$150,000 – 300,000
Income + appreciation
  • 1–3 bedroom apartments in premium districts
  • Furnished, professionally managed
  • Unlocks residence-permit eligibility ($150k+)
$300,000+
Capital appreciation
  • Larger apartments & penthouses
  • Villas and boutique hospitality
  • Vake, Vera / Mtatsminda prime stock
Section 04 — Neighborhood Analysis

Where You Buy Determines What You Earn

Five districts, five different investment theses. Official district price data (Geostat, Q4 2025) combined with current rent levels (Galt & Taggart, Feb 2026).

Derived gross yield by district
Annual rent ÷ price per m² · derived from Geostat prices (Q4 2025) and Galt & Taggart rents (Feb 2026)
Note: derived figures, before costs and vacancy; Tbilisi citywide gross yield benchmark is 7.53% (Global Property Guide, Feb 2026). Vera shown via Mtatsminda district data; Dighomi via Didube district data.
Section 05 — The Tbilisi Home Advantage

We Manage Your Investment After Purchase

Full management service →

Most brokerages sell you a property and disappear. We operate it — so owning in Tbilisi doesn't require living in Tbilisi.

Stage 1

Acquisition

  • Property sourcing against your strategy
  • Due diligence & cadastral verification
  • Price negotiation
  • Remote closing via power of attorney
Stage 2

Setup

  • Renovation coordination
  • Furniture sourcing & interior design
  • Professional photography
  • Listing & pricing strategy
Stage 3

Operations

  • Tenant placement & screening
  • Rent collection
  • Maintenance & inspections
  • Monthly owner reports
Section 06 — Investment Example

The Numbers, Not the Pitch

Illustrative scenario — to be replaced with a real Tbilisi Home client deal

Your scenario

≈ $11,028 / year
Net rental income after management, tax & maintenance
8.2%
Gross yield on total investment
6.3%
Net yield on total investment
$14,400
Annual rental income (gross)
$175,000
Total capital deployed

Assumptions: management at 8% of collected rent, rental income tax at the 5% registered-landlord rate, $1,500/year maintenance reserve. Excludes purchase costs, vacancy and appreciation. The full ROI calculator adds financing, IRR and sensitivity analysis.

Model my exact scenario with an advisor →
Section 07 — Who You're Working With

Licensed, Local, and On the Ground

Member, Georgian National Association of Real Estate
Registered brokerage operating since 2022
Georgian + American leadership
Nino Chagunava, senior broker (Tbilisi) & Jeff Brown, director (US) — local access, Western standards
End-to-end operations
Sourcing, due diligence, renovation, management and residency guidance under one roof
EN · KA · RU
Full service in English, Georgian and Russian across 14+ Tbilisi districts
Start Here

Build My Investment Strategy

Tell us your parameters. We respond within one business day with a tailored acquisition strategy — districts, expected yields, and live opportunities matched to your budget.

Prefer to keep reading? Calculate returns or download the Tbilisi Investor Guide.

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
On tbilisihome.ge: Home · Listings · District Guides · Expat Guide · Residency Guide · Blog   |   Downloads: 2026 Investor Guide · Exit Checklist