Buying Real Estate in Georgia: A Complete Guide for Foreign Investors

Why Invest in Real Estate in Georgia?

• Foreigners can buy property in Georgia without restrictions

• No property tax for individuals who do not rent out their property

• Affordable property prices compared to Europe and the US

• Rental income can generate high returns, especially in Batumi and Tbilisi

• Fast-growing real estate market with increasing property value

• Investing in real estate over $100,000 allows you to apply for a residence permit

Many foreign investors buy property in Georgia because of the country’s business-friendly policies and high rental demand. Here are some of the top reasons:

How to Buy Property in Georgia: Step-by-Step Guide

If you’re wondering how to buy an apartment in Tbilisi as a foreigner or what documents you need to buy property in Batumi, follow these simple steps:

2. Verify the Legal Status

Before signing a contract, check the property title deed and ensure there are no outstanding debts or legal disputes.

3. Sign the Sales Agreement

Before signing a contract, check the property title deed and ensure there are no outstanding debts or legal disputes.

1. Find the Right Property

Search for apartments for sale in Tbilisi, houses for sale in Batumi, or investment properties in Georgia that match your budget and goals.

5. Apply for a Residence Permit (Optional)

If your real estate investment in Georgia exceeds $100,000, you can apply for a residency permit for property owners.

4. Register the Property with the Public Registry

This step officially transfers ownership to your name. The process usually takes 1 to 4 business days.

Costs, Taxes, and Legal Fees

• Property registration fee – 50 to 200 GEL

• Real estate agency commission – 2-5% of the property price

• Rental income tax – Flat 5% if you rent out your property

• Notary and legal fees – Usually around $100-$300

Many investors ask: What are the costs of buying property in Georgia? Here’s a breakdown:

Best Locations to Buy Property in Georgia

• Tbilisi – The capital city with a high demand for rentals, especially in areas like Vake, Saburtalo, and Old Tbilisi.

• Batumi – A booming seaside resort town, great for vacation rentals.

• Kutaisi – An affordable alternative for those looking for cheaper properties.

• Gudauri – A ski resort area with growing popularity among investors.

If you’re searching for where to buy real estate in Georgia, consider these top investment areas:

1. Can foreigners buy real estate in Georgia?

Yes! Buying property in Georgia as a foreigner is 100% legal, and there are no ownership restrictions.

2. Is it safe to invest in real estate in Georgia?

Yes, Georgia has a transparent property registration system and a growing economy, making it a secure place for investment.

3. Can I get a mortgage in Georgia as a foreigner?

Some Georgian banks offer real estate financing for foreigners, but interest rates may be higher than in Western countries.

Common Questions About Buying Real Estate in Georgia

Useful Links

• How to rent out property in Georgia – Best rental strategies for property owners

• Georgia real estate market trends – Insights on price growth and investment returns

• How to get a residence permit in Georgia – Requirements for property investors

Conclusion

Whether you're looking for a profitable Airbnb investment in Batumi or a permanent residence in Tbilisi, Georgia is one of the best places to buy property in Eastern Europe. With its low taxes, easy buying process, and rising property prices, now is the perfect time to invest!

For more details on available properties and investment opportunities, visit our main page: Real Estate in Georgia.