How residential real-estate is booming in Georgia (country)

David Burduli
3 min readFeb 12, 2021

--

Stone villas near Tbilisi

If there is a country with the most underrated real-estate, then it’s probably Republic of Georgia. Small country with under 4m residents is a piece of gem in the middle of Europe and Asia. With previous peaceful decade and right economical development, country is starting to see movement of foreign investors into technological, manufacturing and real-estate industries. With low wages, little to no corruption and highest safety index in Europe, this place has become a no-brainer for investors under 100m portfolio.

Old Tbilisi settlement

As country is extremely diverse in terrain and climate, there are various different opportunities for real-estate developers for capturing right customers by providing different options. Mountains, deserts, sea-side or jungles, they are within the realm of possibilities and here are some of the finest execution for developing right residential apartments.

  1. Villa Ambassadori
Development site of Villa Ambassadori

This beautifully designed luxury villas are 1 hour drive from Tbilisi. The place itself is surrounded by vineyards and one of the leading wineries in Georgia, which is definitely something to be appreciated. Due to it’s special micro climate zone, place is sunny and still not hot in the middle of the summer. Villas are integral part of the Ambassadori hotel and has access to all the amenities.
Villa-Ambassadori

2. Heshkili Huts

Scenery from Heshkili terrace

Located in the middle of Svaneti mountain, this place is definitely europes most underrated places. With the plot of land selling under under $5 sq/m, you get all the benefits to being in mountains, having sea in close proximity and ski lifts just couple of minutes away. Developer of these huts definitely utilized this opportunity for proving lovingly designed small mounain huts and cabins.
Heshkili-Huts

3. Saguramo Stone Village

Saguramo StoneVillage

Located in 10 minutes drive from Tbilisi, you can’t find any better place for everyday commuters to the city. Newly developed residential buildings with the highly influential & famous residents, Saguramo Stone village is a bargain at $30 per sq/m land, compared to almost same price in the outskirts of the city. Not only place has better access to highway and is located 1 hour drive to the biggest ski-resort of Georgia — Gudauri, but also has the view of Mt Kazbeg, which is already worth fortune.
www.stonevillage.ge

--

--

David Burduli
David Burduli

No responses yet