Buying an apartment in Georgia in 2026

A square metre in a Tbilisi new build costs about $1,400, while residence is only granted for a home worth over $150,000 by valuation. Prices in Tbilisi and Batumi, registration in days, owner taxes and risks.

In detail

Georgia is one of the simplest markets for a foreign buyer: a flat is registered in your own name in a few days, a notary is not required, and new-build prices are often quoted in dollars. But since 2026 residence for property is only granted for a home worth over $150,000, measured by valuation rather than the contract price. A detailed look at the market, property checks and transaction support is on the page property in Georgia; here are short answers to the main questions.

How much an apartment in Georgia costs in 2026

In March 2026 a square metre in a Tbilisi new build averaged about $1,400, and about $1,300 on resale. Prestige districts cost more: about $2,500 in Vake and about $2,900 in Mtatsminda. In Batumi new builds average $1,200-1,250 per metre, while by the sea on Rustaveli Avenue and in the Old Town they cost $1,800-3,500.

New builds in Georgia are often sold in three finish levels: bare concrete, a rough finish with utilities and a completed renovation. The price gap between them is about a quarter, so listings are worth comparing only at the same finish.

Can a foreigner buy an apartment in Georgia

Yes, freely and in their own name: flats, houses and commercial property. The only serious exception is farmland, which the Constitution bars foreigners from owning. Russian citizens enter Georgia visa-free and may stay up to a year, so the deal is done without a separate visa.

How to buy an apartment in Georgia: step by step

1. A Public Registry extract: owner, encumbrances, land status.
2. Checking the developer and the building permit for a new build, and the management agreement for an aparthotel.
3. Contract and payment through a bank, not in cash: a bank trail is also needed for residence.
4. Title registration in the Public Registry - usually 1-4 business days.
5. Valuation by an accredited valuer and a residence application, if needed.

Taxes for an apartment owner in Georgia

• Renting out a home - 5% of income if no expenses are claimed.
• Sale - 0% after more than 2 years of ownership, otherwise 5% of the gain.
• Property tax is paid by residents whose family income exceeds 40,000 lari, about $16,000, a year.
• Foreign income is not taxed in Georgia.

There is no double taxation treaty between Russia and Georgia, so a Russian tax resident also has to report Georgian rental income in Russia. More on the page taxes in Georgia.

Georgian residence through buying an apartment

The threshold was raised from $100,000 to $150,000 and is measured by an accredited valuer. Buying a flat for $130,000 hoping the valuation reaches the threshold is risky: the valuer decides, not the seller. More on the page Georgian residence and in our review of Georgia's migration rules.

Risks when buying an apartment in Georgia

• Aparthotels with promised yields. Project quality in Batumi varies widely, and income depends on the management company.
• A weak developer: construction drags on for years.
• A valuation below the threshold for residence.
• Cash payment: without a bank trail the investment for residence cannot be proven.

Batumi developers are generous with promises: the advertised yield sometimes grows faster than the building itself.

How we help

The law does not stop you from filing on your own. But mistakes in the property and the valuation cost more than the taxes. We check the property in the Public Registry, assess the developer and management company, handle the deal up to registration and structure the purchase for residence.

All programmes are in the overview Georgia.

FAQ