Georgia
Blend of ancient traditions, stunning landscapes, and a vibrant culture, nestled at the crossroads of Europe and Asia.
Unlock Premium Returns with Petra Sea Resort - Invest in Georgia's Luxury Real Estate
"Discover unparalleled investment opportunities at Petra Sea Resort, where the breathtaking beauty of Georgia’s coastline meets luxurious living, ensuring premium returns for discerning investors seeking to capitalize on one of the region's most promising real estate markets."
Numbers
Billion is the tourism revenue for the first nine months of 2024.
is the year-over-year increase in Georgian real estate values due to high demand and limited inventory.
is the estimated growth rate for Georgia’s overall economy in 2024.
billion or more in foreign direct investment has been attracted by the country in some years over the past decade, largely driven by the real estate and tourism sectors.
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Key Insights on Georgia’s Real Estate Market
Robust Home Price Growth
Over recent years, Georgia's real estate market has shown impressive growth, with property prices in popular areas like Tbilisi and Batumi seeing notable increases. In 2023 alone, real estate prices rose by approximately 8% in USD terms, driven by strong demand from local and foreign buyers.
Strong Economic Indicators
Georgia's economy is supported by a range of thriving sectors, including tourism, technology, and logistics. This economic diversity, along with a skilled workforce and investor-friendly policies, helps sustain a stable housing market with promising long-term potential.
High Demand and Limited Supply
The housing market in Georgia is characterized by high demand and limited supply, especially in cities like Batumi and Tbilisi. Limited inventory in popular areas contributes to the upward trend in home prices, with demand driven by both local residents and international buyers seeking investment opportunities.
Attractive Investment Returns
Georgia’s real estate market offers appealing returns for investors, particularly in regions like the Black Sea coast. Properties in Batumi, for example, have shown strong appreciation due to the city’s growing tourism and hospitality industry. Investors can expect robust returns on their investments, as demand for vacation rentals and second homes remains high.
Expanding Population
An influx of young professionals and families, as well as returning diaspora, contributes to the growing demand for housing in Georgia. This demographic trend is expected to continue, supporting a dynamic and resilient real estate sector.
