The market where SafeBuy connects research to listings, valuation and registry checks. Apartments and land need separate treatment: agricultural land is significantly restricted for foreign buyers.
SafeBuy editorial interpretation
Investors who want to investigate a specific Georgian apartment or eligible non-agricultural parcel with local transaction support, and who can assess title, currency exposure and the operating costs separately.
Net yield, vacancy and all-in purchase costs are omitted unless verified. Published yields are gross, before investor-specific expenses.
Purchase taxes: Taken from the taxing authority's own published rates, added only where the authority states they apply to the same purchase. Article 6 of the Tax Code lists Georgia's taxes exhaustively and none of them is charged on a property transfer, so the rate is zero rather than unpublished. The state charge is NAPR's flat registration fee, which does not scale with price.
Historical price growth: Geostat Residential Property Price Index in GEL. This city and new-property cohort is narrower than the national all-dwelling indices used for several EU countries.
Price benchmark: Median asking price per square metre of apartments listed on ss.ge, Georgia's largest property portal, aggregated by district. Rental yield is gross: median monthly asking rent per m2 x 12, divided by median sale price per m2. Asking prices, not registered transaction prices. Districts with fewer than 12 listings are omitted. Asking prices can differ from achieved sales; sample composition affects comparisons.
Gross rental yield: Annualised median advertised monthly rent per square metre divided by median advertised sale price per square metre. Separate listing samples, not matched properties. Gross proxy before vacancy, tax, management, repairs and buying costs; not a promised return.
Georgia's Civil Code permits persons from other countries to participate in private-law property transactions. Acquisition of immovable property requires a written transaction and registration. Check the parcel's actual registered category and encumbrances; a property advertisement is not proof of title.
Sourced rule · reviewed 2026-09-07
The Organic Law restricts foreign ownership of agricultural land. Exceptions include inheritance and certain Georgian entities with a government-approved investment plan. Forming a local company alone does not remove the restriction. A house situated on agricultural land needs review of the underlying parcel.
Sourced rule · reviewed 2026-09-07
NAPR lists registration of an immovable-property right at GEL 150 within four working days. Faster processing and other services have separate charges. Legal review, translation, surveying and transaction-specific taxes are additional.
Sourced rule · reviewed 2026-09-07
The Revenue Service describes a 5% income-tax rate for an individual letting residential space for residential purposes without deducting expenses. Eligibility and the actual use matter. This is not a general net-return estimate or a blanket rate for every accommodation business.
Sourced rule · reviewed 2026-09-07
The Revenue Service property-tax calculator distinguishes household-income bands up to GEL 40,000, GEL 40,000–100,000 and over GEL 100,000, and separates land from other property. Use the property's municipality, classification and the relevant household-income rules to establish liability.
Sourced rule · reviewed 2026-09-07
The National Bank of Georgia's responsible-lending regulation caps payment-to-income and loan-to-value for loans to individuals, and the ceilings differ by currency: the published loan-to-value maximum is 85% for lari lending and 70% for foreign-currency lending, with stricter payment-to-income limits where the borrower's income is not in the loan currency. Expect a larger deposit for a euro or dollar loan than the lari headline suggests.
Sourced rule · reviewed 2026-09-12
The sourced tax concession is expressly tied to residential letting. Before modelling a holiday apartment, confirm the accommodation activity's tax and operating treatment and any building restrictions. This dataset has not verified a nationwide short-term-rental licensing position.
Sourced rule · reviewed 2026-09-07
The State Services Development Agency lists a short-term residence route for non-agricultural immovable property with an independently assessed market value exceeding USD 150,000 equivalent in GEL. It requires an application, lawful-stay evidence, title and an accredited valuation. Purchase price alone does not establish eligibility.
Sourced rule · reviewed 2026-09-07
Your next step in Georgia
Request a free call with David Lee, SafeBuy’s co-founder and a British investor in Georgian property and land. Discuss your budget, the practical buying process and the checks a specific property needs.
SafeBuy provides purchase support in Georgia. Our international research is free to use. The call is optional and carries no obligation.
If Georgia fits your shortlist, SafeBuy connects the research to actual properties and local purchase support. Check the property and land classification before committing.
Compare sourced gross rental yield estimates in European property markets, with sample dates, coverage and the costs headline yields leave out.
Compare published property price benchmarks, their geographic coverage and what a budget might buy before taxes and purchase costs.
Compare country-specific purchase taxes, regional variations and nonresident rules, with links to the underlying authorities.
Research foreign residential ownership, land restrictions, financing and residence conditions before choosing a country.
Published 2026-07-23 · Q2 2026 · reviewed 2026-09-07
Annual increase of 4.9%; new residential property in Tbilisi; GEL-based index.
Publication date not supplied · Consolidated law inspected September 2026 · reviewed 2026-09-07
Publication date not supplied · Consolidated law inspected September 2026 · reviewed 2026-09-07
Publication date not supplied · Consolidated law inspected September 2026 · reviewed 2026-09-12
Article 6 names income tax, profit tax, VAT, excise tax and import duty as national taxes, and property tax as the only local tax. No transfer tax, stamp duty or conveyance duty on an immovable-property purchase appears in that list.
Published 2018-12-24 · Regulation effective 1 January 2019; inspected September 2026 · reviewed 2026-09-12
Sets payment-to-income and loan-to-value ceilings that differ by loan currency and by whether the borrower's income is in that currency.
Publication date not supplied · Fee schedule inspected September 2026 · reviewed 2026-09-07
Publication date not supplied · Guidance inspected September 2026 · reviewed 2026-09-07
Official Georgian-language guidance; summary translated into English.
Publication date not supplied · Calculator rules inspected September 2026 · reviewed 2026-09-07
Official Georgian-language calculator; income thresholds do not imply a universal land exemption.
Publication date not supplied · Requirements inspected September 2026 · reviewed 2026-09-07
Current page states a value exceeding USD 150,000 for the short-term property route; do not use the superseded USD 100,000 threshold.
Published 2026-11-02T03:00:08.730Z · 2026-11 · reviewed 2026-11-02
Tbilisi apartment asking-listing sample. Not completed transactions or a nationwide Georgia price index.