Where to Invest Profitably in Georgia: Comparing Cities by Yield

Demand here is formed not by tourists, but by expats, students, businesspeople, and local residents. This is a classic long-term rental market where property occupancy is stable year-round.​

Investing in the capital means choosing predictability. Average yield here fluctuates around 6–8% per annum, with payback periods of 10–12 years. This is an ideal option for conservative investors who value guaranteed passive income without seasonal dips.

Price Dynamics

Over the past three years, the cost per square meter in Tbilisi has increased by 20%. In prestigious districts such as Vake, prices start from $1,800–$2,500 per m², while in the more affordable Saburtalo — from $1,200. The entry threshold in the capital is higher than in the regions, but the liquidity of such properties in the long term is at its maximum.

The Black Sea coast is the main magnet for foreign capital. Well-executed investments in Batumi can deliver 12–15% annually, significantly exceeding capital city metrics.​

Location Specifics

Batumi has ceased to be merely a summer resort. The gambling industry, IT hubs, and New Boulevard infrastructure smooth out seasonality. However, the bulk of income here is generated through short-term rentals during peak season (May–October).​
If your goal is profit maximization in foreign currency, consider buying an apartment by the sea in premium first-line complexes. Such properties, backed by hotel-grade service, appreciate the fastest and achieve maximum occupancy. The average price per square meter on the first line is $1,500–$2,200.​

Entry Threshold and Growth

Today, property prices in Batumi remain among the most attractive in the Black Sea region. In new developments, the average price is around $1,179 per m², which is 14% higher than last year's figures. The market is dynamic: liquid lots in the tourist center appreciate by 10–15% annually as infrastructure matures.

Location choice depends on your risk tolerance.

• Rental Type: Tbilisi offers "long" contracts (from one year). Batumi specializes in daily or mid-term rentals.​
• Seasonality: In Tbilisi it is absent; cash flow is even. In Batumi it is pronounced, but compensated by exceptional profits during high season.​
• Growth Potential: Batumi, as an emerging market, demonstrates more aggressive asset price growth. Tbilisi offers moderate but stable growth.

Many investors, searching for "real estate in Batumi to buy", make the mistake of contacting developers directly. The sales department's task is to move inventory, often concealing actual delivery dates or future construction that will block sea views.​

The secondary market, popular for queries like "apartments in Batumi for sale by owner", is also dangerous due to hidden debts and legal nuances.​

The Role of an Agency

Working with a professional broker protects your capital. We know the market from the inside: which complexes actually rent out, where management companies provide service rather than just collecting fees, and which districts (such as Gonio) will show explosive price growth. We select properties based on data, not marketing brochures.​

Exit Strategy

Entering a deal is half the battle. It's important to understand the exit strategy. Liquidity of housing in Georgia directly depends on management quality. A property purchased through an agency and integrated into a management system generates passive income remotely. Upon resale, such an apartment with proven income history sells for 20–30% above comparable properties.