I'm planning to invest in a small apartment in Tbilisi for occasional visits and maybe to rent out. I’ve heard the prices have gone up a lot. Are there still budget-friendly options or is it too late?
I had the same concern, but after months of research and visiting Georgia this spring, I can confirm that cheap real estate in Tbilisi still exists, especially if you look beyond the central touristy districts. For example, areas like Samgori, Gldani, and even Didube offer good value. I bought a 1-bedroom unit in Gldani for just under $43,000 – renovated, 4th floor, ready to move in. It’s close to the metro, which is a big plus. Of course, you won’t get the same rental returns as in Old Tbilisi, but for long-term living or budget investing, it’s a smart move. These neighborhoods are also developing quickly, with new shops, cafes, and schools appearing. Just make sure to double-check ownership documents — the legal process in Georgia is smooth, but it’s always good to work with someone local for translation and verification.
I had the same concern, but after months of research and visiting Georgia this spring, I can confirm that cheap real estate in Tbilisi still exists, especially if you look beyond the central touristy districts. For example, areas like Samgori, Gldani, and even Didube offer good value. I bought a 1-bedroom unit in Gldani for just under $43,000 – renovated, 4th floor, ready to move in. It’s close to the metro, which is a big plus. Of course, you won’t get the same rental returns as in Old Tbilisi, but for long-term living or budget investing, it’s a smart move. These neighborhoods are also developing quickly, with new shops, cafes, and schools appearing. Just make sure to double-check ownership documents — the legal process in Georgia is smooth, but it’s always good to work with someone local for translation and verification.