How to Buy a New Development in Tbilisi from a Developer
The real estate purchase process in Georgia is considered one of the most transparent and fastest in the world. There is no bureaucracy, no property acquisition taxes for foreigners, and property rights can be registered literally in one day. The request to buy a new development in Tbilisi from a developer in 2026 remains relevant both for investors and those planning to relocate.
However, the simplicity of the procedure does not eliminate primary market risks. How to conduct a deal safely, obtain installment payments, and not become the owner of a stalled project? Let's break it down step by step.
However, the simplicity of the procedure does not eliminate primary market risks. How to conduct a deal safely, obtain installment payments, and not become the owner of a stalled project? Let's break it down step by step.
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Step-by-Step Deal Instructions
To buy an apartment in Tbilisi, a foreigner needs only an international passport.
The entire process can be divided into four stages.
1. Reservation and Deposit
When you have chosen an apartment, it is taken off sale after depositing a down payment (usually $1000–2000). This amount fixes the price and is included in the total cost of the property. If you change your mind, the deposit is most often non-refundable.
2. Signing the Contract
You conclude a purchase and sale agreement with the developer. Important: the document must be drafted in two languages (Georgian and one you understand—Russian or English). It specifies the handover deadlines, payment schedule, and apartment characteristics ("white frame," "green frame," or renovation).
3. Payment
Payment can be made by bank transfer (SWIFT), and in some cases—cryptocurrency. If you take installment payments, you pay only the initial down payment. Georgia is lenient about the origin of funds, but banks may request proof of income source for large transactions.
4. Registration at the Public Service Hall
The final stage is registering property rights at the Public Registry. You receive an extract with a unique code that guarantees your rights. This can be done in person or remotely via power of attorney.
Installment Payment from Developer: 2026 Conditions
The main driver of the new construction market is flexible payment terms. If you plan to buy an apartment in Tbilisi in a new development but are not ready to pay the entire amount immediately, developers will offer internal installment payment.
Down payment: Usually ranges from 10% to 30% of the cost.
Term: For the construction period (on average 2–4 years).
Interest: 0%. You don't overpay the bank.
Documents: Only passport. No income statements or credit history required.
This is an excellent investment tool: you fix the price at the start (at the excavation stage) and pay the balance in installments while your asset appreciates.
Risks of Buying at "Excavation" Stage and How to Avoid Them
Buying at an early stage always means savings in price (up to 20–30%), but also increased risks.
Construction delays: In Georgia, developers rarely hand over properties on time. A delay of 6–12 months is considered normal, and standard contracts often lack strict penalties.
Quality and utilities: Sometimes the building is handed over, but gas is not connected and the elevator doesn't work. Or instead of a promised park in the courtyard, another high-rise was built.
How to protect yourself?
Always verify the developer's documents: land registry extract (the plot must be owned, not mortgaged to a bank) and construction permit (construction coefficient K2). If these documents are missing—run.
Why It's Safer to Buy Through an Agency
Going directly to the developer's sales office seems like a logical step, but it deprives you of the main thing—objectivity. The developer's manager will never tell you about document problems or poor sound insulation in previous projects.
Our agency works on your side. We:
Know reputations: We don't offer properties from "fly-by-night" companies. Our database contains only verified developers with a history of completed buildings.
Review contracts: Our lawyers will find clauses that infringe on your rights and insist on their amendment.
Save money: For buyers, our services are free (commission paid by the developer), and the apartment price will be the same as at the sales office.
Support until keys: We help with apartment acceptance, renovation, and even renting out if you're buying for investment.
To see our catalog, just click the button below
Our agency works on your side. We:
Know reputations: We don't offer properties from "fly-by-night" companies. Our database contains only verified developers with a history of completed buildings.
Review contracts: Our lawyers will find clauses that infringe on your rights and insist on their amendment.
Save money: For buyers, our services are free (commission paid by the developer), and the apartment price will be the same as at the sales office.
Support until keys: We help with apartment acceptance, renovation, and even renting out if you're buying for investment.
To see our catalog, just click the button below
FAQ
1. Do I need to pay tax when buying a new development in Tbilisi?
No, there is no property acquisition tax in Georgia. You only pay a small fee for registration at the Public Service Hall (about $20–50 depending on urgency).
2. Does buying an apartment grant residence permit rights?
Yes, if the market value of the property exceeds $100,000 (note that from 2026 the threshold may be raised; follow current laws). This grants the right to obtain short-term residence permit.
3. Can I buy a new development in Tbilisi remotely?
Yes, this is common practice. We organize video viewings, verify documents, and conduct the deal via notarized power of attorney to your representative or lawyer. Your presence in Georgia is not required.
No, there is no property acquisition tax in Georgia. You only pay a small fee for registration at the Public Service Hall (about $20–50 depending on urgency).
2. Does buying an apartment grant residence permit rights?
Yes, if the market value of the property exceeds $100,000 (note that from 2026 the threshold may be raised; follow current laws). This grants the right to obtain short-term residence permit.
3. Can I buy a new development in Tbilisi remotely?
Yes, this is common practice. We organize video viewings, verify documents, and conduct the deal via notarized power of attorney to your representative or lawyer. Your presence in Georgia is not required.
Contact Us
Get in touch with us by phone or via messengers for a consultation and help choosing the right property.
+995 557 326 104
cappuccinoestate@gmail.com
cappuccinoestate@gmail.com
Georgia, Batumi
