High-Yield Rental Investment Properties in TbilisiStreets, facades, terracesand steady rental flow

Real estate in Tbilisi, Georgia: capital returns in a fast-evolving market

Why invest in property in Tbilisi

Tbilisi is Georgia’s vibrant capital and one of the most promising property markets in Eastern Europe. With rapid urban development, tax advantages, and full legal access for foreign buyers, Tbilisi offers strong rental demand, capital growth opportunities, and a high quality of life at relatively low entry prices. It’s a strategic investment hub at the crossroads of Europe and Asia.

With liberal ownership laws, no capital controls, and visa-free entry for most countries, Georgia is attracting digital nomads, entrepreneurs, and investors looking to establish a base in a stable, business-friendly environment. Tbilisi leads this movement with its growing infrastructure, modern developments, and unique cultural mix.

Types of real estate available

Tbilisi’s market is diverse and caters to various investor profiles:

• City-center apartments in areas like Vera, Vake, and Sololaki — ideal for long-term or boutique short-term rental.
• New-build high-rises in Saburtalo, Dighomi, and Bagebi — often with management services and developer guarantees.
• Renovated historic properties in Old Tbilisi — with character features and high Airbnb demand.
• Off-plan developments with phased payments and projected yields — often near metro lines or universities.
• Commercial units for cafés, shops, and co-working — especially in tourist-heavy or central business areas.

Most properties are sold with white or green frame finishes, giving investors flexibility for customization or immediate rental operation.

Foreign ownership and legal aspects

Georgia allows foreigners to purchase real estate on equal terms with locals. Key advantages include:

• Freehold ownership of apartments, land (outside agricultural zones), and commercial units.
• Fast and transparent registration — completed within one day at the Public Registry.
• No restrictions on resale, inheritance, or repatriation of rental income or capital gains.
• Low taxes — 1% on rental income, no wealth tax, and optional 20% capital gains tax on profit from resale.

VelesClub Int. provides complete legal coordination, power of attorney representation, and full title verification to ensure safe cross-border ownership for international clients.

Property prices and rental yields

Tbilisi remains highly affordable compared to other capitals, with attractive returns. As of 2025:

• Central apartments (Vake, Vera, Mtatsminda): $1,500–$2,800/m²
• New developments in Saburtalo, Bagebi: $1,100–$1,900/m²
• Economy or student apartments (Dighomi, Gldani): $800–$1,200/m²

Short-term rental yields range from 8%–12% gross annually in tourist and central areas. Long-term leasing is steady, especially among students, expats, NGO workers, and remote professionals — with annual yields of 6%–9% depending on size and location.

Neighborhoods and lifestyle

Tbilisi is a city of contrasts — ancient districts, Soviet-era zones, and modern glass towers all coexist within its valley geography:

• Vake and Vera: Affluent, green areas with embassies, parks, and upscale demand.
• Mtatsminda and Sololaki: Historic heart of the city — high short-term rental potential.
• Saburtalo: Urban, well-connected zone with schools, malls, and metro — top for new builds.
• Ortachala and Isani: Emerging districts with lower prices and long-term growth potential.
• Dighomi and Gldani: Affordable family zones, with consistent rental demand and resell liquidity.

Tbilisi is known for its safety, culinary scene, mountainous backdrop, and lively expat communities. The city is walkable, well-connected by metro and buses, and increasingly modernized with malls, hospitals, and business centers.

Who buys real estate in Tbilisi

Tbilisi’s real estate market attracts a diverse global buyer base:

• Middle Eastern, Israeli, and European investors acquiring rental apartments
• Russian-speaking expats relocating for freedom and economic opportunity
• Digital nomads purchasing studios for remote work and flexible living
• Local buyers upgrading to new developments or buying for family income
• Developers building residential and mixed-use projects for resale or yield

Buyers span from individual investors to international funds, with interest rising in co-living, student housing, and managed rental portfolios.

How VelesClub Int. helps you

VelesClub Int. offers full-service real estate support in Tbilisi, from sourcing to management:

• Access to exclusive developer offers, resale listings, and below-market opportunities
• Legal checks, transaction coordination, and Public Registry registration
• Assistance with renovation, furnishing, and short- or long-term rental setup
• Yield modeling, exit strategies, and reinvestment advisory across Georgia or abroad
• Residency consultation — property ownership can support legal stay options

Whether you’re buying a city-center apartment for passive income, a new-build studio near a university, or assembling a small rental portfolio, VelesClub Int. ensures your investment in Tbilisi is legal, profitable, and future-ready.