What to Look for in a New Development Property in Georgia
In 2024, new-build real estate accounted for 41.3% of all residential transactions in Georgia, a sharp increase from 32.8% just two years prior, according to data from the National Statistics Office of Georgia.¹ This shift reflects more than a construction boom, it reveals a strategic pivot by both local and
New Developments in Georgia’s Real Estate Market: What’s Changing?
Georgia’s real estate market entered a new phase in 2025, with total transaction volumes in Tbilisi alone declining by 20% year-over-year, according to Galt & Taggart’s Real Estate Market Watch Q1 2025. This slowdown reflects a broader recalibration, not collapse—driven by a mix of economic tightening, oversupply in specific urban