How to Buy an Apartment in Georgia: A Guide for Russian Citizens

You don’t need a residence permit, citizenship, or a registered company to do so. The only exception is agricultural land, which remains restricted for non-residents.

The main advantage is the simplicity of the process. The entire transaction can be completed in one day, and all documents are handled electronically. The national real estate registry is transparent, and property registration takes around 30 minutes.

Batumi

The purchase process is straightforward and transparent:

1. Choose a property. You can buy either a new apartment from a developer or a resale property. Most listings are found in Batumi and Tbilisi.
2. Check the documents. Before the purchase, a lawyer or agent verifies the title deed and confirms there are no debts or encumbrances.
3. Sign the sale agreement. The contract is executed before a notary or through the House of Justice.
4. Register ownership rights. Once the state fee is paid, the property is officially transferred to the buyer.
5. Russian citizens can also purchase real estate in Georgia remotely via a power of attorney—ideal for those who are not physically in the country but wish to invest.

Georgia offers some of the most favorable tax conditions in the region:

• no tax on property purchases;
• no annual property tax for residential use (unless used for business);
• no capital gains tax if the property is sold after two years of ownership.

Transactions between buyers and sellers are typically made in U.S. dollars. Russians can open a local bank account with a passport and proof of funds.

Property prices in Georgia continue to rise—by an average of 10–15% per year. Yet the country remains one of the most affordable seaside and tourist destinations in terms of cost per square meter.

Batumi, located on the Black Sea, is developing especially fast. Apartments near the coast are significantly cheaper than in Sochi or Istanbul. Numerous new projects offer installment payment options and attractive rental yields.

If you’re wondering whether it’s worth buying real estate in Georgia, the answer is clear: the market is still in a growth phase, making now the ideal time to invest while prices remain accessible.

To ensure a safe purchase, follow these simple rules:

• verify the reputation of the developer or seller;
• work with our real estate agency in Batumi experienced in dealing with foreign buyers;
• never transfer money before signing the agreement.

A reliable agency will help you choose the right property, conduct legal due diligence, and handle the transaction remotely if needed.

Real estate in Georgia combines simplicity, transparency, and strong investment potential. Russians can buy property here without restrictions, and a professional agency will help you complete the entire process quickly and securely.