The Georgian real estate market continued its strong development in 2025, confirming the country’s position as one of the fastest-growing property markets in Eastern Europe and the Black Sea region. Driven by international demand, tourism growth, and relatively affordable property prices, Georgia attracted both domestic and foreign investors. According to market reports from Colliers Georgia and other analytical agencies, the residential property sector recorded significant transaction volumes and steady price growth throughout the year.
Total Real Estate Sales in Georgia in 2025
The two largest property markets in the country — Tbilisi and Batumi — dominated the national real estate sector. In 2025, these cities recorded more than 59,000 apartment transactions, with the combined market value exceeding $4.3 billion, representing approximately 7% growth compared with the previous year.
The capital city Tbilisi remained the largest real estate market in Georgia, accounting for 42,267 apartment sales in 2025, while the coastal city Batumi recorded 17,052 property transactions, marking a 17% annual increase and the highest level ever recorded for the city.
Batumi’s residential market alone surpassed $1 billion in annual transaction volume, reflecting strong demand from international investors and the rapid expansion of the resort property segment.
Property Prices and Market Growth in 2025
Real estate prices across Georgia continued to rise during 2025. According to the National Statistics Office of Georgia (Geostat), the national residential property price index increased by around 11.5% year-on-year in early 2025, reflecting ongoing demand for housing and investment properties.
In Tbilisi, the average residential property price reached approximately $1,150 per square meter, with prices continuing to grow due to urbanization and the demand for modern residential developments.
In Batumi, the average price of new apartments reached around $1,130–$1,180 per square meter in 2025, while prices in some areas increased even further due to the popularity of seaside properties and new large-scale developments.
Foreign Buyers and International Investment
Foreign investment played a major role in the Georgian real estate market in 2025. One of the key advantages of the country is that foreign citizens can purchase property without major restrictions, which makes Georgia one of the most accessible real estate markets in the region.
In Batumi, foreign investors were responsible for 70% of the growth in property transactions in 2025, highlighting the international appeal of the city’s real estate sector.
Moreover, around 47% of secondary-market apartment sales in Batumi were completed by foreign buyers, a significant increase compared to previous years.
Market surveys indicate that the majority of international buyers came from countries such as Ukraine, Russia, Belarus, Israel, and several European states, while investors from Turkey, the Middle East, and Central Asia are increasingly entering the market.
Rental Yields and Investment Returns
Georgia continues to attract investors due to relatively high rental yields compared with European markets. In 2025, average rental returns were estimated at 6–8% for long-term rentals, while short-term rental investments in tourist areas could reach 9–12% annually.
In Batumi, some premium coastal properties generated even higher returns due to strong tourist demand and seasonal short-term rentals.
Key Drivers of the Georgian Property Market in 2025
Several factors contributed to the continued expansion of Georgia’s real estate sector:
• increasing foreign investment and international demand
• growth of tourism and hospitality industries
• large infrastructure and development projects
• relatively affordable property prices compared with European cities
• simplified property ownership regulations for foreign buyers
Major international investments and development projects announced in 2025 further strengthened investor confidence in the Georgian real estate market.
Conclusion
Overall, 2025 was a record year for the Georgian real estate market, with strong sales volumes, rising property prices, and growing foreign investment. With more than 59,000 apartments sold and over $4.3 billion in transactions, Georgia — particularly Tbilisi and Batumi — continues to attract global property investors seeking high rental yields, capital appreciation, and relatively accessible real estate opportunities.
The combination of economic growth, international demand, and investor-friendly property regulations positions Georgia as one of the most promising real estate markets in the region.
Maison Investments Batumi (MIB)
mib.ge
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