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Tbilisi: the Kura river, the Bridge of Peace and new buildings

Tbilisi · Georgia

Tbilisi property for capital and living

For investors and those settling in the capital: district, project class, liquidity and completion date.

Price per m²
from $900
projects in the catalogue
62
Out of town
6

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Area
Budget

ECB and National Bank of Georgia rates as of 27.10.2026

Completion
Purpose
Bedrooms
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Finishing
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Managing brand

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Found: 62 properties

Old Tbilisi and Krtsanisi

Kings Garden

from $653,000

$5,900/m² · 1-4+ bedrooms · from 100.6 m²

  • Completion Q3 2027
  • Instalments

Vake

Alliance Highline

from $196,000

$5,700/m² · Studio · from 34.3 m²

  • Under construction
  • Instalments

Didube and Digomi

Cinema City by NEXT

from $206,000

$4,800/m² · Studio-2 bedrooms · from 38.9 m²

  • Completion Q3 2029
  • Instalments

Mtatsminda

Kostava 49

from $451,000

$4,200/m² · 1-4+ bedrooms · from 81.5 m²

  • Completion Q1 2028

Isani and Avlabari

Bare

from $133,000

$4,100/m² · Studio-3 bedrooms · from 30.2 m²

  • Completion Q4 2027
  • Instalments

Mtatsminda

BARNOVI BOUTIQUE HOUSE

from $177,000

$3,500/m² · 1-4+ bedrooms · from 50.7 m²

  • Under construction
  • Instalments

Vake

VR Vake Sky Tower

from $110,000

$3,100/m² · Studio-2 bedrooms · from 31.6 m²

  • Completion Q4 2031
  • Instalments

Saburtalo

Biography Sakeni

from $171,000

$2,700/m² · 1-3 bedrooms · from 55.6 m²

  • Under construction
  • Instalments

Vake

Residence Vake

from $159,000

$2,700/m² · 2-4+ bedrooms · from 59 m²

  • Under construction
  • Instalments

Old Tbilisi and Krtsanisi

Zion Orangery

from $113,000

$2,500/m² · 1-4+ bedrooms · from 37.3 m²

  • Completion Q1 2027
  • Instalments

Isani and Avlabari

Tbilisi Downtown by Next

from $174,000

$2,200/m² · 1-3 bedrooms · from 58 m²

  • Completion Q3 2027
  • Instalments

Old Tbilisi and Krtsanisi

Tbilisi Oriental

from $95,000

$2,200/m² · Studio, 1 bedroom · from 36.6 m²

  • Completion Q4 2028
  • Instalments

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A manager confirms prices and availability.

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Flagships of the capital

Major projects on display

Cinema City by NEXT

Didube and Digomi

Cinema City by NEXT

from $206,000

Completion
Completion Q3 2029
Finishing
Furnished
Developer
Next Group
Get the project presentation
Tbilisi Downtown by Next

Isani and Avlabari

Tbilisi Downtown by Next

from $174,000

Completion
Completion Q3 2027
Finishing
Green frame (pre-finish), Turnkey, Furnished
Developer
Next Group
Get the project presentation
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Residence permit through purchase

Five steps from the deal to a residence permit

  1. 1Purchase from $100,000day of the dealHousing with a market value from $100,000, not agricultural land.
  2. 2RegistrationOwnership is registered at the Public Registry.
  3. 3Confirmation of valueA document on the property's market value.
  4. 4ApplicationFiled at the House of Justice in person or through a representative.
  5. 5Decision and residence cardA temporary residence permit, renewable.
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The market in figures

Tbilisi in figures

Price per m² by area, median

Isani and Avlabari$1,700/m²9 propertiesVake$1,500/m²12 propertiesOld Tbilisi and Krtsanisi$1,500/m²19 propertiesDidube and Digomi$1,300/m²9 propertiesSaburtalo$1,200/m²6 properties

New-build buyers by citizenship, 2025

Georgia77 %Other11 %Israel10 %Russia3 %

New-build vs resale, 2025

42,388 apartment sales

New-build49.5 %Resale50.5 %
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Calculator

Capital preservation and growth

Budget, horizon and scenario, and you see a value corridor, not one promised number.

Show in currency
Horizon
Scenario
apartment value at the end of the term: from the conservative to the base scenario
rental income over the term after costs and 5 % tax
total in the base scenario: apartment + rent

The calculation is a model, not a guarantee. Rates: ECB and NBG.

Get a calculation for the property

Free

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How to buy from abroad

Six steps to buy in Georgia

  1. Online viewing

    A video call from the construction site or the showroom, answers to your questions.

  2. Reservation
  3. Contract

    Contract with the developer in English or Russian; it can be signed remotely, by power of attorney.

  4. Payment

    Bank transfer, the developer's instalment plan until completion. Other methods: only those legal in Georgia .

    per schedule
  5. Registration

    Ownership is registered in your name at the Public Registry.

  6. Keys

    Handover by checklist and an apartment acceptance certificate; renovation and management are optional.

    after completion
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Questions and answers

What people ask about buying in Tbilisi

What residence permit does buying an apartment give?

When buying housing with a market value from $100,000 you can get a temporary residence permit; it is renewed .

How much does owning an apartment cost?

Utilities and building maintenance; personal property tax depends on household income .

Which areas have the most expensive m²?

See the “Market in figures” block: the median price per m² by area is calculated from the catalogue every day.

Can I rent it out long-term?

Yes. The calculator includes vacancy, costs and the 5 % tax on renting out housing.

What is “Out of town”?

Bakuriani, Gudauri and Kakheti are mountain and wine resorts. They are in a separate catalogue tab and are not mixed with city properties.

Can I buy without flying in?

Yes: online viewing, contract by power of attorney, payment by transfer, registration at the Public Registry, all remotely.

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The direction team

Who handles deals in Tbilisi

Papuna AsatianiHead of sales, TbilisiRussian · English · Message
Shmagi TutberidzeAmbassador, TbilisiRussian · English · Message
Natalia MaltsevaSenior manager, TbilisiRussian · English · Message
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What buyers say

Dmitry“Georgia is a promising country. It has a future, unlike, for example, neighbouring Turkey,” says Dmitry.
Azim“In Georgia, real estate is available to those who have at least 20 000-30 000 $. In other countries, this is not possible,” says Azim from Uzbekistan.
NikitaNikita believes there is no point in keeping 100 000 $ in a bank for +1% a year: “In Georgia, it's different...”
Rosa and SergeyRosa and Sergey bought an apartment in La Quinta for themselves: “It is very comfortable to be in Georgia, the people are very hospitable and friendly.”
Gaby“...there is everything that a tourist needs: the sea, a casino, delicious food, fresh air, incredible nature... I was shocked when I saw it,” Gaby from Israel shared.

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