Twenty years of buying Georgian property. Half an hour of it, yours.
- British investor in Georgian land and property for over two decadesThrough his company, Lee LLC.
- President of Magticom, 2004 to 2012Georgia's largest telecoms operator.
- President of the American Chamber of Commerce in Georgia, 2008 to 2016The body representing American business in the country.
- Co-founder of the European Business AssociationGeorgia's leading European business organisation.
- Chartered Accountant, MBA from the University of Warwick
Which districts hold their value and which only look like it, what a fair price is once you strip out the foreigner premium, and where the legal traps sit.
Free, no obligation, and no sales script. If a property is not worth buying, he will say so. He calls from a UK mobile number, starting +44.
What people actually ask him
Is this district actually right for what I want?
Rental yield, resale liquidity and who lives there vary enormously street by street in both Tbilisi and Batumi. David has watched these districts change for twenty years.
Is this price real, or is it a foreigner price?
Asking prices on Georgian portals are negotiating positions. David will tell you what the same unit trades at and how much room the seller has.
What is the legal exposure I cannot see?
Off-plan projects on mortgaged land, developers with no track record, sellers who are not the registered owner. He knows which questions the registry answers and which it does not.
Should I be buying at all right now?
The most valuable answer, and the one an agent working a commission will never give you. Sometimes the right call is to wait, and he will say so.
If you would rather not wait for this call, you can ask the Tbilisi and Batumi team to ring you sooner from the contact page, and you can check any property against the public registry yourself with the registry checker.