Housing in Georgia: a complete guide to the main property formats for purchase

Georgia has long held a firm place on the map of attractive destinations for buying property. Foreign buyers appreciate it for its affordable prices, transparent transaction terms, high profitability and, of course, the special flavour of life. But in order to invest in property in Georgia really justify expectations, it is important to understand what format of housing is suitable for you.

The Georgian property market offers a variety of types of objects, each of which is focused on specific purposes - from a quiet family holiday to active rental in the tourist season. In this article we will look at the most popular types of accommodation and determine who and in what cases they are most suitable for.

Flats in residential complexes: a comfortable base for living and renting

One of the most popular and versatile options is flats in residential complexes. New buildings are being actively developed in major cities of the country, such as Tbilisi and Batumi. Such complexes often include shops, cafes, recreation areas, children's and sports grounds - everything you need for a comfortable urban life.

The segment is represented in a wide range - from budget studios to spacious premium class flats. That is why this type of property is perfect for both own residence and long-term rent. Due to the growing demand for housing in Tbilisi and Batumi, many investors choose this category for resale 1-3 years after purchase, especially if they purchase the property at the construction stage.

Apartments and apart-hotels: passive income and minimum worries

If you are considering a profitable property in Georgia, but do not plan to actively manage it, it is worth paying attention to apart-hotels. This is a format in which accommodation is rented out daily, but all operations from accommodation of guests to cleaning are handled by a management company.

The investor only has to follow the financial reports and receive income. Often the contract provides for the owner to stay up to 60 days a year - a nice bonus for those who like to holiday by the sea. 

Hotel complexes: investment in the brand and premium segment

In recent years, international hotel chains have been actively developing their infrastructure in Georgia. Buying a room in a hotel complex is an opportunity to become a co-owner of a part of a prestigious hotel with a world famous brand. The investor buys a separate room, and the management company takes care of its maintenance and commissioning.

This is an ideal format for those who want a stable income tied to professional management and popularity of the brand.

Townhouses, villas and private houses: space and privacy

Those who dream of privacy, quietness and nature should look for villas, townhouses and private houses. Such objects are more often located in green areas on the outskirts of cities or in the suburbs. They are often part of guarded residential complexes with their own territory and infrastructure.

This property format is popular among families and those who plan to spend seasonal holidays in Georgia or live here permanently. In investment terms, such properties are suitable for long-term rentals - for example, for IT specialists who have moved to Georgia or freelancers looking for a quiet and cosy environment in which to live and work.

Important to know before buying property in Georgia

Foreign citizens can buy a flat in Georgia, as well as any other type of property with the exception of agricultural land. Such plots are available only in case of inheritance or if you have a second citizenship. Otherwise, the purchase process is extremely transparent and takes from 1 to 5 days.

In addition, the Georgian property market is attractive with low rental tax (only 5%), no purchase tax and the possibility to buy a home remotely through a notarised power of attorney.

What to choose for you?

Choosing a property is always a decision that depends on your goals, budget and lifestyle. For some people it is important to buy a studio for resale, some are looking for a view flat by the sea with passive income, and some want to move with their family to a spacious house with a garden. The main thing is to understand how the property market works in Georgia, and to choose a format that will combine comfort, stability and growth prospects.

If you are faced with a choice, it is worth contacting specialists who know the peculiarities of the market, monitor the quality of objects and will help you find the option that will suit you in all respects.

Leave a request and we will help you to find a property in Georgia that meets your goals and expectations.