Why invest in real estate in Georgia

Georgia is a beautiful country located in the southern Caucasus and is washed by the waters of the Black Sea. Georgia is bordered by Armenia, Azerbaijan, Turkey and Russia. It is a neglected country, yet it has great potential.

The country has undergone remarkable political and economic development and has made great progress in the last 20 years. Thanks to sound economic management, GDP per capita has approached the level of the European Union Convergence with the EU is an important part of Georgia's domestic and foreign policy.

Georgia's real estate market has experienced a significant boom in recent years. The country's strategic location, rich cultural heritage and investment-friendly policies are attracting an increasing number of domestic and foreign buyers. Georgia offers a variety of real estate options to suit different preferences and budgets. The country's economy is driven by a stable political environment, a liberal economy and a well-developed transport infrastructure. All these factors make the country an attractive destination for foreign investors.

The popular city of Batumi, located on the Black Sea coast, has also seen significant growth in the real estate market. Batumi has become a hot spot for holiday homes and long-term rentals, thanks to its spectacular sea views, vibrant nightlife and developing infrastructure.

The country has warm summers and relatively mild winters. The coastal areas, including the Black Sea region, have a subtropical climate with hot summers and mild winters, making it ideal for a seaside holiday. It is the perfect destination for sun and beach lovers. The Black Sea offers refreshing swimming even in summer, when the water temperature ranges from 21 to 26 degrees.

In 2022 alone, 5.5 million foreign travellers visited the country, contributing significantly to the growth of tourism and property rentals. Prior to the pandemic, Georgia experienced a dynamic increase in the number of foreign visitors. In 2010, only 2 million foreign visitors visited the country, but in 2019, the number of visitors reached a record high of 9.4 million.