Market overview — new build

New build projects in Georgia

Georgia's new build market is wide: Tbilisi and Batumi see a constant stream of residential projects across very different qualities, locations and price brackets. We track that market continuously — anonymised and aggregated — so you understand the structure first and talk about single projects second.

This page explains how new build works in Georgia: developer instalment plans, finishing levels, price per square metre as a benchmark, and the checks that belong before your first payment. Specific projects, price lists and payment plans we discuss personally, matched to budget and goal.

Market breadth in numbers

projects tracked
802
in Tbilisi
534
in Batumi
268
median price/sqm
1,350 $

Aggregated, anonymised market overview. Project names, developers and addresses are shared in a personal conversation only. data as of: 2026-09-22.

View the project map
01

Tbilisi or Batumi

Tbilisi is capital and job market: year-round demand, long-term lets, steadier occupancy, but a higher entry price. Batumi lives off the coast and tourism: lower entry, seasonal peaks, higher gross yields with more volatility and more management effort.

02

How instalment plans work

Most developers offer interest-free instalments during construction: a down payment, then monthly payments until handover. Whether 20 or 30 percent up front makes sense depends on the construction stage and the contract — terms differ per project and are negotiable.

03

Price per square metre as benchmark

Price per square metre is what makes projects comparable: same location, same finishing level, same completion date. Without those references a headline price says little — a cheap black frame unit is not a cheaper investment.

04

Location, developer, completion

Three factors drive lettability: the micro-location (access, surroundings, view), the developer's track record (completed projects, delivery discipline) and a realistic completion date. We verify permits, title status and the contract before any money moves.

Finishing levels explained

Georgian new builds are sold in finishing stages. The difference decides how much budget you still need after purchase.

Black frame
Shell: walls, windows, utilities at the building. The entire interior fit-out is still on you.
White frame
Plastered walls, screed, in-unit wiring and pipes. Floors, bathroom and kitchen are missing.
Green frame
Intermediate stage: plaster and screed partly done, connections set — defined slightly differently per developer.
Turnkey
Move-in ready with floors, bathroom and kitchen. Immediately lettable, at a higher price per sqm.

What we verify before the first payment

New build in Georgia — FAQ

Can I buy off plan in Georgia?+

Yes. Buying before completion is common and usually cheaper than at handover. What matters is the developer's track record, the contract and a realistic completion date — exactly what we check up front.

How large is the down payment on new build projects?+

Typically around 20 to 30 percent, followed by interest-free monthly instalments until handover. The exact share depends on the project, the construction stage and negotiation.

What does a square metre of new build cost in Tbilisi and Batumi?+

The range is wide and driven by location and finishing level. We give you defensible ranges for your criteria instead of a marketing price — current aggregated values are on the project map.

Why are no project names shown on the site?+

Our project data is contractually and commercially protected. Publicly we show aggregated, anonymised market data only; concrete projects follow a short conversation about your criteria.

Get a matching project shortlist

Tell us budget, city and time horizon — we put together a short, vetted selection including payment plan and yield calculation.

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