⚠️

Watchlist Market — Data coverage for this market is indicative only. Full verified deal coverage is planned for Q3 2026. Join the waitlist to be notified when this market launches.

Tbilisi skyline
All CitiesTbilisi
◎ Watchlist Market

Georgia

🇬🇪 Tbilisi

9.1% Avg Yield$1,450/m² Avg Price

Georgia's capital — 1% flat tax, no restrictions on foreigners

9.1% yield
+88% 7yr
$1,450/m²
Strong Buy
Key Metrics
Avg Price / m²
$1,450
USD, city average
Gross Yield
9.1%
annual, before tax
7yr Appreciation
+88%
2018 → 2024 in USD
Rent vs Buy
Strong Buy
Break-even: 10yr
Price History

7-Year Price Trend

2018201920202021202220232024$0K$0K$1K$1K$2K
Average price per m² in USD · Source: Arkon market research
Rent vs Buy Analysis

Monthly Cost Comparison

Monthly RentMortgage/mo$0$200$400$600$800
Typical 2-bed price
€77K
EUR (approx.)
Monthly rent
€630
EUR/mo (approx.)
Monthly mortgage
€432
at 9.5% rate
Break-even point
10 years
to recover vs renting
Strong Buy
Buying is more cost-effective than renting in this market.
Neighborhoods

Top Areas to Invest in Tbilisi

Old Town (Abanotubani)
Tourism / STR
1
Price/m²
$2,200
Gross Yield
8.4%
Vake
Upscale Residential
2
Price/m²
$1,900
Gross Yield
8.8%
Saburtalo
Student / Mid-Range
3
Price/m²
$1,400
Gross Yield
9.6%
Vera
Expat Favourite
4
Price/m²
$1,650
Gross Yield
9.1%
Didube
Value / Emerging
5
Price/m²
$900
Gross Yield
11.4%
Gldani
High Yield Entry
6
Price/m²
$650
Gross Yield
12.8%
🔍

No verified deals in Tbilisi yet

We're working on bringing verified investment intelligence to this market. Join the waitlist to be first when deals go live.

Interactive Map

Neighborhood Price Map

Click any circle or label to see price per m² and gross yield for each neighborhood.

No verified deals in this market yet. Join the waitlist for early access.
Leaflet © OpenStreetMap contributors
Neighborhood Prices
LowerMidHigher
ROI Analysis

Investment Score Breakdown

Rental Yield92/100
Price Appreciation84/100
Market Liquidity58/100
Risk Profile64/100
75
/ 100
Strong Buy
Composite score based on yield, appreciation potential, market liquidity, and risk factors.
City Profile

Demographics & City Overview

👥

City Population

1.2M

🏙️

Metro Area

1.5M

📈

Population Growth

+0.8% / yr

🎂

Median Age

37 yrs

✈️

Expat Population

8%

💰

GDP per Capita

$8K

📊

Unemployment

17.5%

🕐

Time Zone

UTC+4

🏛️

Founded

455 AD

🗣️ Languages

Georgian · Russian

🌤️ Climate

Humid subtropical — cold winters, hot summers

Legal & Tax

Buying as a Foreigner in Tbilisi

100% foreign freehold ownership
Georgia allows foreigners to own property with zero restrictions. The registration process is fast (1–2 days) and fully digital.
Zero property tax for most owners
Annual property tax is 0% if household income is below GEL 40K/year. Above that, 0.05–1% applies. Effectively zero for most foreign investors.
1% transfer tax
Property transfer is taxed at 1% of the transaction value. Total acquisition costs are among the lowest globally at 2–3%.
No capital gains tax for individuals
Individuals are exempt from capital gains tax on property sales. Rental income is taxed at 5% flat rate for non-residents.

This information is for general guidance only and does not constitute legal advice. Always consult a qualified local lawyer before purchasing property abroad.

Get alerted when new deals appear in Tbilisi

We scan 200+ sources daily. Be first to know when an undervalued property hits the market in Tbilisi.

No spam·Unsubscribe anytime·Free forever
Arkon

Arkon Deals — Invest Smarter in Global Real Estate.
Verified deal intelligence across 4 core markets.

Company

Investments Medina GmbH
Hildesheim, Germany
[email protected]

Market data is sourced from local listing platforms, public price registries, and proprietary deal sourcing. Primary sources include CIAN and Avito (Russia), Bayut and Property Finder (UAE), Idealista and Fotocasa (Spain), and Zillow and Realtor.com (United States). Watchlist markets rely on aggregated third-party estimates and are indicative only.

© 2026 Arkon Deals. All rights reserved.

Arkon provides real estate market intelligence for informational purposes only. Nothing on this platform constitutes investment advice, a solicitation, or an offer to buy or sell any asset. Real estate investments involve risk, including potential loss of capital. Always conduct independent due diligence and consult a qualified financial or legal advisor before making any investment decision. Investments Medina GmbH is not a licensed investment advisor in any jurisdiction.