17
Jun
The Impact of Political and Economic Factors on Georgia’s Real Estate Market
In 2023, over 53,000 residential property transactions took place in Tbilisi alone—marking a record high for Georgia’s capital and capping off two years of rapid real estate growth following the pandemic. (Source: Colliers Georgia, Residential Market Report 2023). Fueled by foreign capital, tourism recovery, and domestic demand, the country’s property
16
Jun
Is Kakheti the Next Real Estate Boom Town in Georgia?
Georgia’s residential real estate market saw significant growth from 2021 to 2023, particularly in Tbilisi and Batumi, where transaction volumes and foreign interest surged. By 2024, however, momentum began to stabilize—Tbilisi posted just a 2% annual growth in transactions, and Batumi saw a 23% decline in new apartment sales (Source: