Investment property in Georgia: what to buy and what it costs
Apartments for sale in Tbilisi and Batumi with minimum prices, yields, buying costs and residence.
In 2026 a square metre in new buildings in Tbilisi costs on average about $1,430, in Vake and Mtatsminda $2,300-2,600, and in Old Batumi about $3,150. A studio by the sea in Batumi starts from $29,000, and a home worth more than $150,000 by valuation gives a residence permit.
Below are seven apartments for sale now, from $29,000 in Batumi to $300,000 in old Tbilisi, the price per square metre by district, rental yields, costs on top of the price and how the purchase relates to residence. A manager will confirm what is for sale today and the exact price.
The market in brief
Prices and rules as of 2026.
What properties investors buy in Georgia
Seven apartments for sale in Tbilisi and Batumi now, from $29,000 to $300,000. The price, area, floor and finish are the seller's; a manager will send the documents, the floor plan and similar options to the chat.
A 32 m² studio with panoramic windows on the 20th floor
from $29,000
A 32 m² studio in a high-rise by the New Boulevard in Batumi: a 27 m² living area, a separate 5 m² kitchen, 3-metre ceilings, panoramic windows and a balcony on the 20th floor. The complex has a gym, a sauna and a reception, and the promenade and the beach are a few minutes' walk away. An apartment for living by the sea and for letting. Studios in this district rent for about $300 a month, about 12% a year.
A one-bedroom apartment in a new building, ready for your own finish
from $50,000
A 45 m² apartment in a new building in Saburtalo, the most lived-in district of Tbilisi: a bedroom, a living room, a kitchen and a balcony, 3-metre ceilings, 3rd floor of 7. Green frame: walls, screed and utilities are in place, and you choose the finish. The metro, universities and shopping centres are nearby. Such apartments with a finish rent for about $390 a month, about 9% a year on the purchase price.
A 61 m² apartment on the 12th floor of a new building
from $72,000
A 61 m² apartment on the 12th floor of 16 in a new building in Mtatsminda, one of the most expensive districts of central Tbilisi. Two rooms, a quality finish, and the building is made of energy-efficient materials. Schools, kindergartens and supermarkets are nearby, and the old town is a few minutes away by car. Such apartments in Mtatsminda rent for about $600 a month, about 10% a year.
A furnished two-bedroom apartment, ready to move in
from $86,000
A 73 m² apartment in a new building on the Nutsubidze plateau in Vake: two bedrooms, a living room, a kitchen and a balcony, 3-metre ceilings, 6th floor of 16. It is renovated and the furniture stays, so you can move in right after the deal. Vake is a green district with parks, schools and universities where families buy homes. Such apartments rent for about $600 a month, about 8% a year.
A one-bedroom apartment within walking distance of the sea
from $96,000
A 47 m² apartment in Old Batumi on the 7th floor of 12: a separate bedroom, a living room with kitchen, a fresh renovation, furniture and appliances, central heating and air conditioning. May 6 Park, Europe Square, the Old Boulevard and the sea are all within walking distance. The Old Town is the most expensive district of Batumi and the most popular for short lets. Apartments here rent for about $550 a month, about 7% a year.
A 118 m² three-bedroom apartment by Lisi Lake for residence
from $155,000
A large 118 m² apartment in Vake near Lisi Lake: three bedrooms and a living room, 2nd floor of 12. Parks and new neighbourhoods are all around, a place to live with a family. The apartment costs more than $150,000, the residence threshold confirmed by an accredited appraiser, so buyers take it to relocate. Such apartments in Vake rent for about $1,100 a month, about 8.5% a year.
A 150 m² apartment in a historic building in old Tbilisi
from $300,000
A 150 m² apartment on the 2nd floor of a three-storey historic building in Sololaki, a quarter of old Tbilisi: four rooms on a main area of 110 m², a mezzanine and an attic. High ceilings and old-town architecture, and you choose the renovation. An investment from $300,000 is the basis for a 5-year investment residence permit for the whole family. Such apartments rent for about $1,500 a month.
The price is the seller's price in 2026 in dollars, as in the listing, rounded up to the thousand. Each apartment costs no more than the lowest price of similar apartments in the district plus 10%. The monthly rent comes from long-term rental listings for similar apartments in the district. We check the cards monthly and replace a sold apartment with one of the same type and price.
How much a square metre costs in Tbilisi and Batumi in 2026
The most expensive district of Tbilisi is Mtatsminda with the old town, followed by Vake: a square metre in new buildings there costs 1.5-1.7 times more than in residential districts. The average deal in a new building in Tbilisi in July 2026 was $1,426 per square metre and $1,372 on the resale market, and new homes rose 4.9% in a year.
| Tbilisi district | Price per m², new buildings | 50 m² apartment |
|---|---|---|
| Mtatsminda | ~$2,600 (6,730 lari) | ~$130,000 |
| Vake | ~$2,300 (5,914 lari) | ~$120,000 |
| Krtsanisi | ~$1,800 (4,630 lari) | ~$90,000 |
| Saburtalo | ~$1,700 (4,307 lari) | ~$85,000 |
| Didube | ~$1,700 (4,184 lari) | ~$85,000 |
| Isani | ~$1,600 (4,088 lari) | ~$80,000 |
| Gldani | ~$1,500 (3,867 lari) | ~$75,000 |
| Samgori and Varketili | ~$1,500 (3,680 lari) | ~$75,000 |
Data for 2026: the average price per square metre of new apartments by Tbilisi district; dollars at 2026 exchange rates.
| Batumi and the coast | Price per m² | 40 m² apartment |
|---|---|---|
| Old Batumi | ~$3,150 | ~$130,000 |
| Heroes Alley | ~$2,100 | ~$84,000 |
| Gonio and Kvariati | ~$2,100 | ~$83,000 |
| New Boulevard | ~$1,800 | ~$73,000 |
| Kobuleti | ~$1,800 | ~$73,000 |
Data for 2026: the average price per square metre by district of Batumi and the Adjara coast. Foreigners bought 52% of Batumi apartments in 2025.
What yield renting out gives
The gross yield from long-term rent in Tbilisi is about 7.2% a year before tax: students, families and visiting professionals keep demand steady all year round. Short lets in Batumi brought 7.4% in 2025 and 7.1% in the first quarter of 2026, with most of the income in July and August.
| Tax | Rate |
|---|---|
| Tax on income from letting a home | 5% of income if you claim no expenses |
| Tax on sale | 0% after 2 years of ownership, before that 5% of the gain |
| Property tax | only for residents with a family income over $16,000 (40,000 lari) a year |
| Foreign income | not taxed in Georgia |
Data for 2026: the yield is the Tbilisi average; countries are compared in the rental yield table.
The 5% rate is a special regime for income from letting a home for living. Taxes and residence status are on the page Georgia: residence, the 1% tax and new rules.
What costs to add to the property price
| Payment | Amount |
|---|---|
| Tax on buying a home | none |
| Registration of title in the Public Registry | $58 (150 lari) in 4 working days; $110 (270 lari) in 1 day, $140 (350 lari) on the day of filing |
| Notary | not required: the contract is registered directly in the registry |
| Report by an accredited appraiser | needed for residence |
| Residence permit application | $120, $180 or $240 (300, 450 or 600 lari) for 30, 20 or 10 days |
Data for 2026. Agent and translation fees depend on the deal; a manager calculates the total for a specific apartment.
In Georgia the apartment is checked in the Public Registry before the deposit
Mistakes cost more than the registration: a stalled construction project, an apartment with an encumbrance, and a valuation below $150,000 leaves you without a residence permit. Murblz support removes these risks: we find a property for the budget and goal, check the registry record and the developer, order the valuation before the deposit and take the deal through to registration of title.
The cost of support depends on the purchase budget and the goal - investment, relocation or residence; a manager calculates it in the chat.
Does buying give a residence permit
Yes. A home or commercial property worth more than $150,000 by valuation gives a 1-year short-term residence permit for the family, renewed while you own the property. The value is confirmed by an appraiser accredited by the national accreditation body, not by the contract price, so an apartment close to the threshold is valued before the deposit.
An investment from $300,000 is the basis for a 5-year investment residence permit for the whole family, and after 5 years of ownership a permanent one. To work for an employer or run your own business on a short-term residence permit, from 1 March 2026 you obtain a right to work; holders of the investment permit do not need it. Agricultural land does not qualify for residence. More on the page residence in Georgia.
How we find a property
- Budget and goal: investment, a home for relocation and residence, or both. The manager clarifies the city, district and how you will pay.
- A selection of real properties: apartments with the seller's price, floor area, finish and a yield calculation.
- Checks: an extract from the Public Registry, encumbrances, land status, the developer and the building permit, and for residence a valuation before the deposit.
- A remote deal by power of attorney: the contract, payment through a bank and registration of title in the Public Registry in 1-4 working days.
The manager sends the selection to the chat, with sellers' prices on the date of the selection.
Options in other countries
Investment property in other countries:
- Investment property in Turkey: what to buy and what it costs
- Investment property in the UAE: what to buy in Dubai and what it costs
- Investment property in Serbia: what to buy and what it costs
- Investment property in Brazil: what to buy and what it costs
- Investment property in Spain: what to buy and what it costs
- Investment property in Italy: what to buy and what it costs
- Investment property in Bulgaria: what to buy and what it costs
- Investment property in Cyprus: what to buy and what it costs
- Investment property in Montenegro: what to buy and what it costs
More on buying in this country:
- Property in Georgia for foreigners: rules, taxes and the deal
- How to buy an apartment in Georgia
- Mortgage for foreigners in Georgia
- Georgia residence permit: all routes
- Georgia: residence, the 1% tax and new rules
- Tbilisi: what to see and whether to move there
- Batumi: what to see and whether to move there
All countries and budgets compared - on the page Investment property abroad.
FAQ
How much does an apartment in Georgia cost in 2026?
Can foreigners buy property in Georgia?
Does buying an apartment give residence in Georgia?
What yield does letting an apartment in Georgia give?
What are the costs of buying an apartment in Georgia?
What is the tax on selling an apartment in Georgia?
Which is better for investment: Tbilisi or Batumi?
Can I buy an apartment in Georgia remotely?
Don’t want to figure this out alone?
We handle the whole process end to end: we shortlist properties for your goal, run legal checks and support the deal through to registration. Ask your question in the chat: the free consultation starts right here. Legal representation before authorities and courts is handled by Murblz specialists together with locally licensed partners.
The Murblz consultant replies straight away in the chat on this page. Describe your situation and we will work it out together.
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