Can foreigners buy property in Georgia?
Yes. Foreign buyers can generally purchase residential and commercial property in Georgia in their own name, without a permit, quota or local partner.
A separate rule applies to agricultural land: it falls under Georgia's law on agricultural land ownership (https://www.matsne.gov.ge/en/document/view/32998) and is not freely purchasable in every case. Before any purchase, check in the registry extract whether a plot is classified as agricultural or non-agricultural.
Prices and yields: Tbilisi vs. Batumi
The ranges below come exclusively from our central market dataset (registry, statistics and bank research sources). We deliberately avoid invented or rounded headline figures.
| Location | Price USD/m² | Gross yield p.a. | As of |
|---|---|---|---|
| Tbilisi (Vake–Saburtalo) | 1,100–2,600 | 5–9% | |
| Batumi (Boulevard) | 1,200–2,000 | 8–12% |
Ranges for new-build and near-new apartments, unfurnished. Yields are gross figures before tax, management and vacancy. Not investment advice.
Sources and methodology: see the market report on this site.
Resale apartment or vetted new-build?
Both routes can make sense — what matters is due diligence before payment, not the year of construction.
Resale property (private purchase)
- Advantage: usable/rentable immediately, often a negotiable price, an established neighborhood.
- To check: condition of pipes, roof and façade, condition of shared property, unauthorized alterations, existing encumbrances in the registry extract.
- We do not claim that older buildings are inherently worse — quality depends on the specific property and must be checked on site.
Vetted new-build
- Advantage: current construction condition, often a developer payment plan; warranty terms depend on the contract.
- To check: developer track record, construction progress and permit status, contract and payment schedule, completion date.
- We do not promise Western energy standards, guaranteed completion, or automatically higher yields than resale property — that depends on the project.
Due-diligence points before any payment
- Registry extract (NAPR): owner, land category, registered encumbrances.
- Condition: pipes, heating/cooling, roof, façade, shared property.
- Legality of alterations and extensions.
- For new-builds: developer track record, building permit, construction progress on site.
- Contract: payment schedule, deadlines, withdrawal rights.
- Work out realistic rentability and ongoing costs before buying.
Tbilisi or Batumi — depending on strategy
Tbilisi is driven mainly by local long-term demand (relocation, students, professionals) and tends to offer more stable rental income year-round.
Batumi runs on tourism and seasonality; short-term rental can reach high occupancy in peak season, with correspondingly higher fluctuation across the year.
No guarantee of occupancy, rent levels or value development in either city.
Steps in a purchase
1. Selection & review
Select a property based on budget and goal, then review the registry extract, developer or condition.
2. Documents & individual legal review
Bilingual documents and an independent legal review of the specific case — before signing, not after.
3. Purchase contract
Contract with payment, completion and withdrawal terms, signed in person or via a notarized power of attorney.
4. Registration with NAPR
Registration of ownership; the service you choose determines processing time.
5. Payment
Payment according to the contract or payment plan; proof of the source of funds is often required.
Registration costs at NAPR
The state registry NAPR offers three processing options at different fees.
| Service | Fee | Processing time |
|---|---|---|
| Standard | 150 GEL | 4 working days |
| Expedited | 270 GEL | 1 working day |
| Express | 350 GEL | on the day of application |
On top of this come costs that depend on the specific property and are not quantified here: bank fees, translations, a notarized power of attorney, and legal and tax advice for the individual case.
Source: NAPR, fees and timelines · As of
Tax on rental income
A 5% rate on rental income applies only under specific conditions: an individual rents out residential property for residential use, with no deduction of expenses (Tax Code of Georgia, Art. 81(2)).
Registration as a taxpayer for rental income may be required for this taxation to apply.
This is not individual tax advice. Have your specific case reviewed by a tax professional before buying.
Residence permit through property investment
From 1 March 2026, the short-term residence permit for non-agricultural property is subject to a threshold: the market value must exceed 150,000 US dollars, as determined by an accredited appraiser.
Spouses and minor children can be included under the statutory conditions.
This is distinct from the separate investment residence permit, which requires at least 300,000 US dollars. In both cases, the relevant authority decides on a case-by-case basis; there is no guarantee of outcome.
Matsne · Residence law, Art. 15 · As of
Financing
Developer payment plans are project-specific: the down payment, term and whether interest applies are set individually by each project — not automatically interest-free.
Bank financing is a separate route with its own approval process by the bank, independent of the purchase contract.
Risk checklist
- Location and local demand reviewed
- Developer or seller checked
- Registry extract and encumbrances reviewed
- Purchase contract reviewed legally
- Price per square meter compared against market data
- Payment schedule and deadlines understood
- Realistic rentability calculated
- Ongoing costs (management, utilities) factored in
- Exit scenario thought through in advance
How Livo works
- Property selection based on location, developer and registry status
- Review of contract, payment schedule and price per square meter
- Assessment of rentability and ongoing costs
- Support through registration and beyond