Contemporary villa with infinity pool at dusk

Livo Property — International Real Estate

Buy property in Georgia —Vetted selection and buying guidanceTBILISI · BATUMI · GEORGIA

Entry

from $50,000

Livo Property guides international buyers through property selection, project and registry checks, and the purchase process in Tbilisi and Batumi — with clear market context and local support.

Write on WhatsApp or use the secure enquiry form.

Welt
Invest
Handelsblatt
Frankfurter Rundschau
IMM International
WAZ
Real Estate Expo
Immo Magazin
Welt
Invest
Handelsblatt
Frankfurter Rundschau
IMM International
WAZ
Real Estate Expo
Immo Magazin
Welt
Invest
Handelsblatt
Frankfurter Rundschau
IMM International
WAZ
Real Estate Expo
Immo Magazin
Welt
Invest
Handelsblatt
Frankfurter Rundschau
IMM International
WAZ
Real Estate Expo
Immo Magazin

Market data

property-specific yield potential, assessed without guarantees

Registration from filing

Same day, 1 or 4 business days, depending on the NAPR fee option and complete documents

On site

selection, purchase and letting from one team

01 — How we work

Most decisions are made fromexcitement. We run the numbers first.

Many international buyers decide with their gut — and later wonder about hidden costs, weak letting demand or a resale price below their purchase price. Georgia offers real opportunities, but returns do not come automatically from a country.

We start with your goal: rental income, capital growth, second home or wealth protection. Then we examine location, developer, payment plan and exit strategy — and tell you openly when a project is not a fit.

You get a clear assessment, real numbers instead of brochure yields — and, if you want, full support through to letting. Independent, on the ground and accountable.

View over Tbilisi between the Caucasus and the Black Sea

Georgia — between Europe, the Caucasus and the Black Sea

Returns don't come from a country alone, but from the right property in the right location.

02 — Strategy & market

Which property matches your goal?

Plan for ongoing rental income
Investment
№ 01

Plan for ongoing rental income

We model the potential gross yield of 5–12% p.a. with management, furnishing and a vacancy allowance. The result is a transparent property calculation rather than a brochure figure.

View investment properties
Choose strong locations at an early stage
Capital growth
№ 02

Choose strong locations at an early stage

Buying during construction can provide access to good locations with instalment payments. We assess whether the location and developer support the price and verify the claims on site.

View off-plan projects
A base of your own in Georgia
Own use
№ 03

A base of your own in Georgia

A second home in the city, by the sea or in the mountains — and rentable while you're not there. With local care, even from a distance.

Properties for own use
Sea, mountains and seasonal rental
Holiday property
№ 04

Sea, mountains and seasonal rental

Sea or mountains, let seasonally — checked for occupancy outside peak season. So your holiday home also earns in winter.

View holiday properties

Property types that pay off in Georgia

From a let city apartment to a seafront aparthotel – every property is vetted before we recommend it.

Nothing that fits?

Tell us your budget, goal and timeline – we put together an individual selection including payment plan and yield calculation.

LIVO PROPERTY / 01

More than property brokerage

A property purchase is a sequence of decisions. We organise the steps, review the property and coordinate what comes next with you.

  1. 01

    Research

  2. 02

    Selection

  3. 03

    Due diligence

  4. 04

    Purchase

  5. 05

    Financing

  6. 06

    Renovation

  7. 07

    Rental

  8. 08

    Management

A coordination model, not a promise of partner services. Scope, fees and appointments are agreed for each property. Banks decide independently on lending; suitably qualified professionals provide legal and tax advice. No return or financing guarantee.

LIVO PROPERTY / 02

One point of contact for your property investment in Georgia

You retain the decisions. Livo Property coordinates the process remotely and in person in Tbilisi and Batumi.

Investor
LIVO PROPERTY
  • Developer
  • Bank
  • Registry
  • Legal
  • Renovation
  • Letting
  • Management

A coordination model, not a promise of partner services. Scope, fees and appointments are agreed for each property. Banks decide independently on lending; suitably qualified professionals provide legal and tax advice. No return or financing guarantee.

03 — Markets & regions

Two core markets,several strong regions.

Tbilisi delivers stability, Batumi delivers yield — plus Gonio, Kvariati, Gudauri and Bakuriani as complementary locations. All far below Western price levels, with entry points still possible today.

5–12%

Gross-yield calculation scenario, not a market forecast or guarantee

+9.4 %

new-build price growth Batumi 2025

78,500

apartments sold nationwide in 2025

52 %

foreign buyers in Batumi

Sources: Geostat, NAPR, Galt & Taggart, TBC Capital — as of 2025/2026

Tbilisi, Georgia

Capital

Tbilisi

The stable core

1.2 million residents, a growing middle class, 77 % of new-build buyers are Georgian. The market sustains itself — independent of tourism, ideal for long-term letting.

Avg. rent
10.0 USD/m²
Yield
5–9 % gross

Suited for

Long-term lettingCapital preservationOwn use
Batumi, Georgia

Black Sea

Batumi

The Las Vegas of the Black Sea

Casinos, a beach promenade, international hotel brands. Tourism drives short-term letting — sales rose 15 % in 2025, more than half to foreign buyers.

Avg. new-build
1,865 USD/m²
Yield
8–12 % gross

Suited for

Short-term lettingHigher yieldsSmall entry
Gonio & Kvariati

Gonio & Kvariati

The quiet coast

The cleanest beaches in the region, minutes from Batumi. New marina and resort projects are visibly lifting the area — quieter than the city, same season.

Gudauri & Bakuriani

Gudauri & Bakuriani

The second season

Mountain regions with a winter season and growing summer tourism. They complement a coastal property and spread occupancy across the year.

Entry

Usually 20–30 % down
Entry from 50,000 USD.

Total purchase price from 50,000 USD. Down payment usually 20–30 %, remainder interest-free in instalments until completion.

$50,000

Batumi

Total purchase price for a furnished new-build apartment near the coast.

$100,000

Tbilisi

Total purchase price for a new-build in a strong location, driven by local demand.

20–30 %

Down payment

Remainder interest-free in instalments until completion.

Bank

Follow-up financing

Available to foreigners after registration.

We verify the terms on site and calculate them for your specific property.

Advantages

Why capital
flows to Georgia.

Clear ownership rights, fast procedures, low taxes.

A

Full ownership for foreigners

Buy in your own name, no local partner needed.

B

5 % tax on rental income

Applies to individuals renting residential property for residential use without deducting costs; check on a case-by-case basis. No transfer tax, minimal property tax.

C

Registration from the same day

150 GEL (4 working days) · 270 GEL (1 working day) · 350 GEL (same day)

D

360 days visa-free

Live in Georgia a full year as a tourist without a visa.

E

Account outside the eurozone

Multi-currency account in USD, EUR and GEL.

F

Financing for foreigners

Georgian banks lend — with independent valuation.

We work with Georgian notaries, lawyers and tax advisors.

თბილისი · Tbilisiბათუმი · Batumi5–12 % gross yield360 days visa-freeRegistration from the same dayGermany–Georgia tax treatyInvestment journeysსაქართველოთბილისი · Tbilisiბათუმი · Batumi5–12 % gross yield360 days visa-freeRegistration from the same dayGermany–Georgia tax treatyInvestment journeysსაქართველო

04 — Tbilisi

The city at the foot of the Caucasus.

Tbilisi combines ancient Caucasus culture with a fast-growing economic hub. The video shows what the city looks like in real life — not a render, but a real experience.

Cinematic Tbilisiთბილისი

Capital with substance.

1.2 million residents, a growing middle class, year-round demand for housing. The market sustains itself — independent of tourism.

5–9 % yieldRegistration from the same day
Request Tbilisi properties

05 — Batumi

The Black Sea phenomenon.

Batumi is growing faster than any other city on the Georgian coast. Modern architecture, a beach promenade, international hotels — and a short-term rental market that operates year-round.

Cinematic Batumiბათუმი

Yield on the coast.

Tourism, casinos, conferences and a mild climate drive high occupancy. Georgia's strongest value-growth region in recent years.

8–12 % yield+15 % sales 2025
Request Batumi properties

06 — Landmark projects

The addressesreshaping Georgia

Projects that define skyline, demand and price levels — and lift the value of every address around them.

Vake Sky Tower — Tbilisi — Vake

Tbilisi — Vake

Vake Sky Tower

Our partner is building the tallest tower in Georgia and the entire Caucasus: 260 metres in the capital's most sought-after district. A landmark that redefines a skyline.

  • 260 m height
  • Tallest in the Caucasus
  • Prime Vake location
Trump Tower Tbilisi — Tbilisi — City centre

Tbilisi — City centre

Trump Tower Tbilisi

A globally known brand arrives in Tbilisi. International residence and hotel brands attract tourists, business travellers and capital — strengthening rentability and resale across the district.

  • International brand
  • Branded residences
  • Strong short-term demand
Tbilisi Waterfront — Tbilisi — Waterfront

Tbilisi — Waterfront

Tbilisi Waterfront

Eagle Hills is developing a city within the city: living, hotels, retail and promenade in one masterplan. Early phases mean the best entry prices.

  • Waterfront masterplan
  • Developer Eagle Hills
  • Early-stage entry
Gonio Marina by Emaar — Batumi — Gonio

Batumi — Gonio

Gonio Marina by Emaar

Emaar is creating a marina destination on the cleanest stretch of coast: residences, hospitality and promenade — international developer quality right on the sea.

  • Developer Emaar
  • Direct beachfront
  • Marina & lifestyle
Ambassadori Island — Batumi — Coast

Batumi — Coast

Ambassadori Island

An artificial island with a yacht marina, residences, hotel and promenade. It repositions Batumi from tourism hotspot to a Black Sea address for premium lifestyle and nautics.

  • Artificial island
  • Yacht marina
  • New asset class
საქართველო

07 — Assurance

What we verifybefore you sign.

Every property goes through the same review. Whatever fails it never reaches you.

01

Developer & track record

Completed projects, build times, delays and financial strength — documented, not claimed.

02

Land registry & title

NAPR registration, encumbrances, third-party rights and the building permit for this exact plot.

03

Purchase contract

Payment plan, completion date, penalties and withdrawal rights — explained in your language.

04

Price & location

Benchmarked against real comparable sales nearby, not the seller's list prices.

05

Lettability

Off-season occupancy, operator and management fees, realistic net yield.

06

Handover & beyond

On-site acceptance, furnishing, management, tax registration and payouts abroad.

The review is carried out with Georgian notaries, lawyers and tax advisors and does not replace individual legal or tax advice.

08 — Buying process

Four steps
with Livo Property.

From a vetted shortlist to registered ownership, we guide the purchase clearly and bilingually.

Discuss the buying process
01

Selection & due diligence

We define your goal, budget and intended use, compare suitable properties, and check the developer, registry extract, encumbrances and relevant documents.

02

Bilingual contracts

You receive the contract documents in a bilingual version. Terms, payment schedule, deadlines and obligations are explained clearly before signature.

03

Title registration

Ownership or acquisition rights are registered with Georgia’s Public Registry through a Public Service Hall — in person or remotely under a suitable power of attorney.

04

Payment handling

We coordinate the agreed payment stages and check that recipient, currency, due dates and payment records match the contract.

Purchase costs

Costs of buying property in Georgia

The principal statutory charges and Livo terms at a glance.

Property transfer tax0%Georgia does not levy a separate transfer tax on the transfer of an ordinary property.
Title registrationGEL 150–350Depends on the processing time and registration service selected; verify the current fee before filing. 150 GEL (4 working days) · 270 GEL (1 working day) · 350 GEL (same day)
Tax on residential rental income5%May apply to individuals letting residential property for residential use under Article 81(2), without cost deductions.
Livo Property buyer commission0%Livo Property does not charge buyers a brokerage commission.

Possible translation, certification, power-of-attorney, independent legal or tax advice, bank transfer, furnishing and property-specific review costs are not included. General information, not individual legal or tax advice.

For international buyers

Buying property in Georgia from abroad

Many of our English-speaking clients live in the UK, the US, Israel or the Gulf and buy without relocating. The process is the same as for local buyers, but a few steps work differently when you are not in the country.

  1. 01

    Shortlist and video viewing

    We pre-select projects that match your budget and goals and walk you through them on live video calls, including the building, the unit and the surroundings.

  2. 02

    Power of attorney

    If you cannot travel, a trusted representative can sign on your behalf. The power of attorney is usually notarised in your country and apostilled; Georgia is a party to the Hague Apostille Convention. A certified Georgian translation is typically required.

  3. 03

    Contract and payment from abroad

    Payments are generally made by international bank transfer (SWIFT) to the account named in the contract. Check currency, transfer fees and your own bank's compliance questions in advance — they can take time.

  4. 04

    Registration without being present

    Ownership is registered with the National Agency of Public Registry (NAPR). Your representative can file the registration, and the registry extract confirms you as the owner.

Common questions from remote buyers

Can I buy property in Georgia without travelling there?

In many cases, yes — through a notarised and apostilled power of attorney. Many buyers still visit once before signing; whether that is needed depends on the project and your comfort level.

Step-by-step buying process

Do I need a Georgian bank account?

Not necessarily for the purchase itself — payment can often be made by international transfer. An account can be useful later for rental income and running costs. Requirements depend on the seller and the bank.

Documents for buyers from abroad

Can buying property give me residency?

Georgian law links certain residence permits to property ownership, with different thresholds and conditions. Buying property does not grant residency automatically, and each application is assessed by the authorities.

Residence permits and property

Which taxes apply after buying?

Property tax and tax on rental income depend on your situation. The reduced 5% rental income rate only applies under the conditions of Article 81(2) of the Georgian Tax Code.

Property taxes in Georgia

Where English-speaking buyers usually start

General information, not legal, tax or banking advice. Requirements can change; please confirm your case with a licensed professional. Sources and review dates: Sources & methodology.

09 — Project map

Over 1,000 new-build projects.One market. One overview.

Current new-build projects in Tbilisi and Batumi, with price per square metre visible at once. Full project details, exposé and payment plan are available on request.

Loading project feed

Not every project suits every buyer.

We review location, developer, payment plan and exit potential, then send only the details that match your profile.

Wish matching

Describe your plan — we show matching projects

Budget, city, timeline, intended use: write freely what matters to you. Matching runs on our anonymised project inventory.

Your text is processed for this matching only and is never published.

New build projects in Georgia: Tbilisi and Batumi compared

The map shows our current overview of active new build projects in Tbilisi and Batumi — anonymised and aggregated to city and price level. You see market breadth first, individual units second.

Many developers work with a down payment plus interest-free monthly instalments until handover. That shifts the financing question from purchase date into the construction period — which makes comparing payment plans as important as comparing prices.

Price per square metre is the most honest benchmark, as long as location, finishing level and completion date are read alongside it. Micro-location, developer track record and delivery discipline later decide lettability and resale.

Specific projects, price lists and payment plans we discuss personally — matched to budget, city and time horizon.

New build projects in Georgia

Check the return

Numbers first, decision second.

The existing return calculator stays directly below the map and helps compare purchase price, rent, running costs, vacancy and tax assumptions.

10 — Yield

Yield is calculated,not promised.

A high advertised gross yield says little about what actually remains at the end. That's why for every property we look at the entire investment, not just the purchase price.

We take into account:

  • purchase price
  • registration and contract costs
  • furnishing
  • service charges
  • management
  • operator fees
  • maintenance
  • vacancy
  • realistic comparable rent
  • tax
  • possible financing costs
  • resale opportunities

Interactive yield calculator

Move the sliders to build your own calculation.

These figures are based on our own research into rents, running costs and market data for Tbilisi and Batumi — updated every six months.

Data as of
2026-08-15
Next update
2027-02-15
Updated semi-annually
Sources & methodology

Start with a scenario

USD

30,000 – 500,000 USD

USD

0 – 30,000 USD

USD

200 – 4,000 USD

USD

0 – 10,000 USD

%

0 – 40 %

Net yield on total investment

8.3 %

Gross yield on purchase price

12 %

Payback period

12 years

Total investment

88,000 USD

Annual rent (after vacancy)

9,600 USD

Result before tax

7,800 USD

Result after 5 % rental tax

7,320 USD

Request an individual calculation

This calculation is a simplified example. For every property we offer, we prepare an individual calculation based on the available information and comparable values.

10 — Investment tours

Experience the country
and the projects in person.

Several times a year we organise investment tours to Georgia. You compare cities, districts, micro-locations, developers and projects directly on site. We show not only show apartments but, wherever possible, construction sites, completed reference properties and the actual surroundings.

Aerial view over a Georgian landscape

4 to 5 days — Tbilisi, Batumi and further regions on request

4 to 5 days
Tbilisi, Batumi and further regions on request
Small group
Personal guidance instead of a large sales event
Expert meetings
Talks with developers and, if needed, with a lawyer, tax advisor and bank
No obligation to buy
Taking part in the tour does not obligate you to purchase a property.
  1. Day 1

    Tbilisi and strategy

    Arrival and personal introduction; market overview; discussion of your strategy; district comparison; first viewings.

  2. Day 2

    Projects and developers

    New-build projects; completed reference properties; existing properties; payment models; comparison of different locations.

  3. Day 3

    Law, tax and banking

    Meeting with a Georgian lawyer; tax basics; bank account; financing options; purchase and registration process.

  4. Day 4

    Batumi and the Black Sea coast

    Batumi city centre; New Boulevard; completed and planned projects; operator concepts; comparison of tourist locations.

  5. Day 5

    Gonio or individual focus

    Coastal projects; holiday properties; further viewings; closing conversation; personal recommendation and next steps.

  6. Included

    Opening your bank account on site

    Opening your Georgian bank account is part of the tour. We accompany you to the appointment in person, prepare the documents and translate — so your multi-currency account outside the eurozone is ready before you buy.

After the tour you receive an overview of the properties viewed and the next steps discussed together. Group size is deliberately kept small.

Reserve a spot on the next tour

Groups are small — so early registration is recommended. Register with no obligation and you'll receive the date, program and property list for the upcoming tour. Or we start directly with a personal info call.

Your language

Our team looks after you in German, English, Russian, Georgian, Hebrew, Turkish, Spanish and Arabic — you'll speak with someone in your own language.

No sharing with third parties, no newsletter list. Only information about the chosen tour or appointment.

11 — About us

VladiMorai

Portrait of Vladi Morai, founder of Livo Property

Vladi Morai

Founder & Managing Director

I come from Georgia and moved to Germany at the age of nine. As a result I know both countries not from the outside, but have experienced their cultures, mindsets and economic differences myself.

The strategic foundation of my work is Tax Corporate Solutions, my firm for international structures, asset protection, company formation and cross-border tax matters.

Out of that work a natural development followed. Entrepreneurs and families first asked me about tax, asset protection and corporate structures. Then another question moved to the centre more and more often: where can I settle long term and invest my capital sensibly and safely?

Livo Property is my answer to that. Not as a conventional brokerage, but as an advisory office for investors who take the Georgian property market seriously. Because between a convincing rendering and a genuinely durable asset there are often large differences. The developer, the contract terms, the build quality, the payment plan, the letting potential and a clear exit strategy decide whether an investment succeeds — not the sales brochure.

Today we guide international buyers from the first strategy through to successful letting. That includes selecting suitable regions and projects, personal viewings, document review, the purchase process, title registration, financing options and the subsequent management.

With offices in Georgia and Spain we connect Europe with the Caucasus and give our clients direct access to selected properties and reliable partners on the ground.

Our benchmark is not the most beautiful image or the most convincing sales promise. For us a single question decides: would we buy this property ourselves?

Sister company

Tax Corporate Solutions

International structures, asset protection, bank accounts and tax planning — the foundation Livo Property grew from. If you want property and structure thought through together, you get both from one team.

tax-corporate.solutions
Locations
Tbilisi, Batumi and Spain
Focus
Property, tax structure and asset protection from one team
Support
From strategy to letting
Communication
Multilingual team
Arrange a personal conversation

15 — Impressions

From our viewings and investment tours.

Impressions from Tbilisi, Batumi and further regions: property viewings, conversations with developers, meetings with local specialist partners and personal comparisons made on site.

Conversation with developer and project management in Tbilisi
Tbilisi — conversation with developer and project management
Viewing at the New Boulevard in Batumi
Batumi — viewing at the New Boulevard
Viewing a shell construction in Tbilisi
Tbilisi — viewing a shell construction
From our viewings and investment tours.

12 — Exclusive partnership

Exclusive premium partnerof HausHirsch Immobilien.

German brokerage standards meet the Georgian market: Livo Property is HausHirsch's exclusive premium partner for property in Georgia.

Exclusive premium partner

HausHirsch Immobilien

Property that moves. Solutions that inspire.

HausHirsch is one of Germany's leading brokerage groups: more than 140 employees across around 50 locations, a portfolio in the range of €890 million and dedicated units for financing, consulting and off-market property. Beyond Germany the firm covers international markets such as Mallorca, Dubai and Cyprus.

For Georgia, HausHirsch works exclusively with us. Units, developers and numbers are vetted to German brokerage standards, while everything on the ground runs through our team in Tbilisi and Batumi — one contact from selection to registration.

Portfolio volume
≈ €890M
Properties
1.500+
Locations
50
Employees
140+
  • Vetted developers instead of anonymous listings
  • German process and documentation standards
  • Financing, structure and letting from one desk

Opens our partner's website in a new tab.

Video interview

Vladi Morai on Georgia

In conversation with HausHirsch: why Georgia, which locations actually perform and how the purchase works for buyers from Germany.

Turn on sound — runtime approx. 30 minutes.

HausHirsch Immobilien is an independent German company. Partner brands and content belong to their respective owners.

German standards,Georgian yields.

We model your scenario with real units — purchase price, costs, occupancy, net yield. After that you know whether Georgia works for you.

  • 15 minutes, not a sales pitch
  • Your numbers modelled on real units
  • Reply within hours 

Free. No obligation. In your language. Reply within hours.

LIVO PROPERTY / 03

Your portfolio grows. Your overview stays clear.

Concept preview · not yet an available customer portal

Investor Portal

LIVO PROPERTY

Portfolio

Organise units by location, use and construction stage. This preview contains no real client data.

LIVO PROPERTY / 04

What would you like to achieve?

Your goal shapes the shortlist — not the other way round.

Goal
Location
01

5–12%

Gross-yield calculation scenario, not a market forecast or guarantee

Depending on location, occupancy, costs and letting model.

02

5%

Taxation of residential rental income under certain conditions

For private individuals with corresponding use.

03

A few business days

Registration via the Georgian Public Registry

The exact duration depends on the chosen procedure and complete documentation.

04

Direct ownership

Property acquisition is generally possible for foreign buyers too

Legal restrictions apply to certain types of land.

18 — Contact

Let's talk aboutyour investment in Georgia.

In a free initial consultation we clarify your budget, goals and risk profile. Together we check whether Tbilisi, Batumi, the Black Sea coast or a holiday region fits your strategy. You receive an honest first assessment and learn which next steps make sense — without obligation, with our multilingual team.

WHATSAPP

kontakt@livo-property.comInternational real-estate advisory
Phone and WhatsApp: +995 571 08 41 17

In-person appointments

Tbilisi — Vake
Batumi — New Boulevard

Consultations and property viewings by prior appointment.
Consultations and property viewings by prior appointment.

Livo Property supports international buyers with a multilingual team, remotely and in person in Tbilisi and Batumi.

Frequently asked questions

Foreign buyers can generally acquire apartments and other non-agricultural property in their own name. Restrictions apply to agricultural land.

Not necessarily. Many steps can be completed remotely with the right preparation and a power of attorney. Still, a personal viewing makes sense for a larger investment.

This depends on the transaction, documentation and the processing service chosen. Georgia's Public Registry offers both standard and expedited services. NAPR: 150 GEL (4 working days) · 270 GEL (1 working day) · 350 GEL (same day). https://napr.gov.ge/en/page/fees-and-terms/immovable-property-registration-fee (NAPR 2026-09-28).

It may be possible. Banks individually assess income, equity, creditworthiness and the specific property.

Under certain conditions, income earned by individuals from renting residential property can be taxed at 5 percent. The exact classification should be checked based on the individual case.